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

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$119.81 +0.06 (+0.05 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$119.81
Today's Range$119.51 - $119.94
52-Week Range$65.68 - $120.20
Volume468,767 shs
Average Volume1.53 million shs
Market Capitalization$6.50 billion
P/E Ratio31.12
Dividend YieldN/A
Beta0.3
Mellanox Technologies, Ltd., a fabless semiconductor company, designs, manufactures, and sells interconnect products and solutions worldwide. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment, and other embedded systems. The company offers InfiniBand solutions, including switch and gateway integrated circuits (ICs), adapter cards, cables, modules, and software, as well as switch, gateway, and long-haul systems; Ethernet solutions, such as Ethernet switch products and Ethernet adapters for use in enterprise data center, high-performance computing, embedded environments, hyperscale, Web 2.0, and cloud data centers. It also provides adapters to server, storage, communications infrastructure, and embedded systems original equipment manufacturers (OEMs) as ICs or standard card form factors with PCI express interfaces; and switch ICs and systems to server, storage, communications infrastructure, and embedded systems OEMs to create switching equipment. In addition, the company supports server operating systems, including Linux, Windows, AIX, HPUX, Solaris, and VxWorks. It sells its products through its direct sales force, a network of sales representatives, and independent distributors. Mellanox Technologies, Ltd. was founded in 1999 and is headquartered in Sunnyvale, California.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:MLNX
CUSIPN/A
Phone972-4909-7200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.09 billion
Cash Flow$5.8558 per share
Book Value$24.32 per share

Profitability

Net Income$134.26 million

Miscellaneous

Employees2,446
Market Cap$6.50 billion
Next Earnings Date7/16/2019 (Estimated)
OptionableOptionable

Mellanox Technologies (NASDAQ:MLNX) Frequently Asked Questions

What is Mellanox Technologies' stock symbol?

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

How were Mellanox Technologies' earnings last quarter?

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.

When is Mellanox Technologies' next earnings date?

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

What guidance has Mellanox Technologies issued on next quarter's earnings?

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.

What price target have analysts set for MLNX?

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.

What is the consensus analysts' recommendation 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.

What are Wall Street analysts saying about Mellanox Technologies stock?

Here are some recent quotes from research analysts about Mellanox Technologies stock:
  • 1. Rosenblatt Securities analysts commented, "Marine Products Corporation (MPX) is scheduled to report 1Q19 results before the open on Wednesday, 4/24, with a conference call at 8:00am ET. Although we are not concerned with the recent choppiness in domestic new boat registration data (that, we believe, is only likely to strengthen in the coming months coming out of a strong boat show season and as weather trends improve), we would not be surprised if the company’s overall unit shipments and results are weak due to the adverse impact of the retaliatory tariffs that were put in place last year (and drove a 50% decline in international unit shipments in 4Q18)." (4/17/2019)
  • 2. According to Zacks Investment Research, "Mellanox is a fabless semiconductor company that develops high-speed interconnects solutions. The company is benefiting from robust demand for ethernet adapters, switches and LinkX cables. Solid demand of its Gigabit EDR solutions in machine learning, artificial intelligence, high-performance computing, database, storage and more bode well. Further, robust demand for Mellanox’s InfiniBand solutions is a key catalyst. Mellanox has also won several contracts from the likes of NetApp, the University of Toronto and NASA Ames Research Center, which reflects sturdy demand for its solutions. Recently, NVIDIA inked a definitive agreement to acquire Mellanox for a total enterprise value of around $6.9 billion. Notably, shares of Mellanox have outperformed the industry in the past year. However, exposure to foreign currency, stiff competition & customer concentration remain headwinds." (4/1/2019)

Has Mellanox Technologies been receiving favorable news coverage?

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.

Are investors shorting Mellanox Technologies?

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.

Who are some of Mellanox Technologies' key competitors?

What other stocks do shareholders of Mellanox Technologies own?

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).

Who are Mellanox Technologies' key executives?

Mellanox Technologies' management team includes the folowing people:
  • Mr. Eyal Waldman, Co-Founder, Pres, CEO & Exec. Director (Age 58)
  • Mr. Michael Kagan, Co-founder & CTO (Age 61)
  • Mr. Marc Sultzbaugh, Sr. VP of Worldwide Sales (Age 56)
  • Mr. Eric Wayne Johnson, VP & Corp. Controller (Age 54)
  • Mr. Douglas T. Ahrens, Sr. VP & CFO (Age 52)

Who are Mellanox Technologies' major shareholders?

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.

Which institutional investors are selling Mellanox Technologies stock?

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.

Which institutional investors are buying Mellanox Technologies stock?

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.

How do I buy shares of 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.

What is Mellanox Technologies' stock price today?

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

How big of a company is Mellanox Technologies?

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.

What is Mellanox Technologies' official website?

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

How can I contact Mellanox Technologies?

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]


MarketBeat Community Rating for Mellanox Technologies (NASDAQ MLNX)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  607 (Vote Outperform)
Underperform Votes:  427 (Vote Underperform)
Total Votes:  1,034
MarketBeat's community ratings are surveys of what our community members think about Mellanox Technologies and other stocks. Vote "Outperform" if you believe MLNX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MLNX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/20/2019 by MarketBeat.com Staff

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