The emergence of low-cost personal mobiles devices and wearable cameras and the increasing storage capacity of video-sharing websites have pushed forward a growing interest towards first-person videos. Since most of the recorded videos compose long-running streams with unedited content, they are tedious and unpleasant to watch. The fast-forward state-of-the-art methods are facing challenges of balancing the smoothness of the video and the emphasis in the relevant frames given a speed-up rate. In this work, we present a methodology capable of summarizing and stabilizing egocentric videos by extracting the semantic information from the frames. This paper also describes a dataset collection with several semantically labeled videos and introduces a new smoothness evaluation metric for egocentric videos that is used to test our method.