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

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

Mellanox Technologies, Ltd. (NASDAQ:MLNX) announced its quarterly earnings data on Wednesday, October, 24th. The semiconductor producer reported $1.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.20 by $0.13. The semiconductor producer earned $279.20 million during the quarter, compared to analyst estimates of $275.49 million. Mellanox Technologies had a return on equity of 14.72% and a net margin of 8.57%. Mellanox Technologies's quarterly revenue was up 23.7% compared to the same quarter last year. During the same period last year, the company earned $0.71 earnings per share. View Mellanox Technologies' Earnings History.

Mellanox Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Mellanox Technologies.

Mellanox Technologies will be holding an earnings conference call on Wednesday, January 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8778769176.

Mellanox Technologies issued an update on its fourth quarter 2018 earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $280-290 million, compared to the consensus revenue estimate of $280.57 million.

12 brokerages have issued 1-year price targets for Mellanox Technologies' stock. Their predictions range from $75.00 to $130.00. On average, they anticipate Mellanox Technologies' share price to reach $103.8333 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for Mellanox Technologies.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mellanox Technologies in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mellanox Technologies.

News articles about MLNX stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mellanox Technologies earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave press coverage about the semiconductor producer a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the next few days.

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

Mellanox Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Endurance Wealth Management Inc. (0.10%), Retirement Systems of Alabama (0.08%), Navellier & Associates Inc (0.05%), Chesley Taft & Associates LLC (0.02%), Sheets Smith Wealth Management (0.01%) 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 Fox Run Management L.L.C. and Endurance Wealth Management Inc.. Company insiders that have sold Mellanox Technologies company stock in the last year include Amal M Johnson, Clifton Thomas Weatherford, Eyal Waldman, Glenda Dorchak, Marc Sultzbaugh, Michael Kagan, Shai Cohen, Value Lp Starboard and Yakov (Jacob) Shulman. View Insider Buying and Selling for Mellanox Technologies.

MLNX stock was bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Chesley Taft & Associates LLC, Sheets Smith Wealth Management, Navellier & Associates Inc, Juncture Wealth Strategies LLC and Cerebellum GP LLC. 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 $83.04.

Mellanox Technologies has a market capitalization of $4.50 billion and generates $863.89 million in revenue each year. The semiconductor producer earns $-19,420,000.00 in net income (profit) each year or $0.91 on an earnings per share basis. Mellanox Technologies employs 2,723 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]