NASDAQ:MLNX - Mellanox Technologies Stock Price, News, & Analysis

Mellanox Technologies trades on the NASDAQ under the ticker symbol "MLNX."

Mellanox Technologies, Ltd. (NASDAQ:MLNX) posted its earnings results on Tuesday, April, 16th. The semiconductor producer reported $1.15 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.45 by $0.30. The semiconductor producer had revenue of $305.20 million for the quarter, compared to the consensus estimate of $300.40 million. Mellanox Technologies had a net margin of 12.33% and a return on equity of 16.53%. Mellanox Technologies's quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter last year, the business earned $0.98 earnings per share. View Mellanox Technologies' Earnings History.

Mellanox Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, July 16th 2019. View Earnings Estimates for Mellanox Technologies.

Mellanox Technologies updated its first quarter 2019 earnings guidance on Wednesday, January, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $295-305 million, compared to the consensus revenue estimate of $283.17 million.

11 brokers have issued twelve-month price targets for Mellanox Technologies' stock. Their forecasts range from $100.00 to $128.00. On average, they anticipate Mellanox Technologies' share price to reach $117.3278 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. View Analyst Price Targets for Mellanox Technologies.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mellanox Technologies in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mellanox Technologies.

Media headlines about MLNX stock have trended positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Mellanox Technologies earned a news sentiment score of 2.6 on InfoTrie's scale. They also gave media stories about the semiconductor producer a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the stock's share price in the near term.

Mellanox Technologies saw a increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,046,556 shares, an increase of 129.8% from the February 28th total of 890,569 shares. Based on an average daily volume of 4,291,336 shares, the days-to-cover ratio is presently 0.5 days. Currently, 4.1% of the company's shares are sold short. View Mellanox Technologies' Current Options Chain.

Some companies that are related to Mellanox Technologies include Microchip Technology (MCHP), Kyocera (KYOCY), STMicroelectronics (STM), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Skyworks Solutions (SWKS), ASE Technology (ASX), Qorvo (QRVO), IPG Photonics (IPGP), ON Semiconductor (ON), Cree (CREE), Monolithic Power Systems (MPWR), Integrated Device Technology (IDTI), First Solar (FSLR) and Cypress Semiconductor (CY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mellanox Technologies investors own include Brainstorm Cell Therapeutics (BCLI), NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Intel (INTC), salesforce.com (CRM), Netflix (NFLX), Transocean (RIG), Boeing (BA) and Broadcom (AVGO).

Mellanox Technologies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Harel Insurance Investments & Financial Services Ltd. (1.07%), Handelsinvest Investeringsforvaltning (0.14%), Havens Advisors LLC (0.12%), Rothschild Investment Corp IL (0.04%), FNY Investment Advisers LLC (0.02%) and Juncture Wealth Strategies LLC (0.01%). Company insiders that own Mellanox Technologies stock include Amal M Johnson, Clifton Thomas Weatherford, Dov Baharav, Efrat Makov, Eyal Waldman, Glenda Dorchak, Jon A Olson, Jonathan Khazam, Jorge Titinger, Marc Sultzbaugh, Michael Kagan, Shai Cohen, Value Lp Starboard and Yakov (Jacob) Shulman. View Institutional Ownership Trends for Mellanox Technologies.

MLNX stock was sold by a variety of institutional investors in the last quarter, including Handelsinvest Investeringsforvaltning, Toth Financial Advisory Corp, FNY Investment Advisers LLC and Juncture Wealth Strategies LLC. Company insiders that have sold Mellanox Technologies company stock in the last year include Amal M Johnson, Clifton Thomas Weatherford, Glenda Dorchak, Marc Sultzbaugh, Michael Kagan, Value Lp Starboard and Yakov (Jacob) Shulman. View Insider Buying and Selling for Mellanox Technologies.

MLNX stock was acquired by a variety of institutional investors in the last quarter, including Havens Advisors LLC, Harel Insurance Investments & Financial Services Ltd., Calamos Advisors LLC and Rothschild Investment Corp IL. Company insiders that have bought Mellanox Technologies stock in the last two years include Efrat Makov, Jon A Olson, Jonathan Khazam and Jorge Titinger. View Insider Buying and Selling for Mellanox Technologies.

Shares of MLNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MLNX stock can currently be purchased for approximately $119.81.

Mellanox Technologies has a market capitalization of $6.50 billion and generates $1.09 billion in revenue each year. The semiconductor producer earns $134.26 million in net income (profit) each year or $3.85 on an earnings per share basis. Mellanox Technologies employs 2,446 workers across the globe.

The official website for Mellanox Technologies is http://www.mellanox.com.

Mellanox Technologies' mailing address is Beit Mellanox, Yokneam L3, 20692. The semiconductor producer can be reached via phone at 972-4909-7200 or via email at [email protected]