Mellanox Technologies Company Profile (NASDAQ:MLNX)

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

Mellanox Technologies, Ltd. (NASDAQ:MLNX) released its earnings results on Wednesday, July, 26th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.11 by $0.01. The business had revenue of $212 million for the quarter, compared to analyst estimates of $209.62 million. Mellanox Technologies had a return on equity of 5.93% and a net margin of 0.09%. The company's revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.87 EPS. View Mellanox Technologies' Earnings History.

Mellanox Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Mellanox Technologies.

9 analysts have issued 1-year price targets for Mellanox Technologies' shares. Their forecasts range from $38.00 to $65.00. On average, they anticipate Mellanox Technologies' share price to reach $51.14 in the next year. View Analyst Ratings for Mellanox Technologies.

Here are some recent quotes from research analysts about Mellanox Technologies stock:

• 1. According to Zacks Investment Research, "MELLANOX TECHNOLOGIES is a leading supplier of semiconductor-based, interconnect products to world-class server, storage, and infrastructure OEMs servicing Fortune 500 data centers, the world's most powerful supercomputers, and mission critical embedded applications. The company's Virtual Protocol Interconnect enables standard communication protocols to operate over any converged network (InfiniBand, Ethernet, Data Center Ethernet) with the same software solution. Utilizing proven networking, clustering, storage, virtualization and RDMA acceleration engines, VPI optimizes application performance, power consumption, workload agility, and total system efficiency while future-proofing IT infrastructure. " (8/1/2017)
• 2. Jefferies Group LLC analysts commented, "Q4 was a bit soft, but Q1 guidance missed more substantially. The packet-based Ethernet business was the culprit in Q4 and will impact Q1 as well. We think Ethernet softness supports our prior concerns of customer concentration in 40G, but given strong growth in EDR, tepid 100G commentary from CAVM, a major cut to near-term numbers, and a likely sell-off in the stock, we acknowledge the downside risk is likely less than when we downgraded to Underperform." (2/2/2017)

Some companies that are related to Mellanox Technologies include Monolithic Power Systems (MPWR), Integrated Device Technology (IDTI), Silicon Laboratories (SLAB), Advanced Energy Industries (AEIS), Sanmina Corporation (SANM), Tower Semiconductor (TSEM), Vishay Intertechnology (VSH), Cree (CREE), Semtech Corporation (SMTC), Rogers Corporation (ROG), Power Integrations (POWI), Cabot Microelectronics Corporation (CCMP), Plexus Corp. (PLXS), Himax Technologies (HIMX), Celestica (CLS), Benchmark Electronics (BHE), Inphi Corporation (IPHI) and Silicon Motion Technology Corporation (SIMO).

Mellanox Technologies' management team includes the folowing people:

• Eyal M. Waldman, President, Chief Executive Officer, Director
• Jacob Shulman, Chief Financial Officer
• Marc Sultzbaugh, Senior Vice President - Worldwide sales
• Michael T. Kagan, Vice President - Architecture, Chief Technology Officer
• Irwin B. Federman, Non-Executive Chairman of the Board, lead independent director
• Shai Cohen, Director
• Dov Baharav, Independent Director
• Glenda Mary Dorchak, Independent Director
• Amal M. Johnson, Independent Director

Mellanox Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (6.07%), Capital Research Global Investors (4.26%), Menora Mivtachim Holdings LTD. (2.69%), FIL Ltd (2.57%), Ion Asset Management Ltd. (2.48%) and Ameriprise Financial Inc. (2.38%). Company insiders that own Mellanox Technologies stock include Amal M Johnson, Eyal Waldman, Glenda Dorchak, Irwin Federman, Marc Sultzbaugh, Michael Kagan, Shai Cohen, Thomas Riordan and Yakov (Jacob) Shulman. View Institutional Ownership Trends for Mellanox Technologies.

Mellanox Technologies' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of New York Mellon Corp, Ameriprise Financial Inc., FIL Ltd, JPMorgan Chase & Co., Heartland Advisors Inc., Wasatch Advisors Inc. and AHL Partners LLP. Company insiders that have sold Mellanox Technologies stock in the last year include Amal M Johnson, Marc Sultzbaugh, Michael Kagan, Shai Cohen and Yakov (Jacob) Shulman. View Insider Buying and Selling for Mellanox Technologies.

Mellanox Technologies' stock was purchased by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Clal Insurance Enterprises Holdings Ltd, Janus Henderson Group PLC, Ion Asset Management Ltd., Senvest Management LLC, Prudential PLC, Handelsinvest Investeringsforvaltning and Alliancebernstein L.P.. View Insider Buying and Selling for Mellanox Technologies.

Shares of Mellanox Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Mellanox Technologies stock can currently be purchased for approximately $46.15.