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

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

Mellanox Technologies, Ltd. (NASDAQ:MLNX) released its quarterly earnings results on Wednesday, January, 30th. The semiconductor producer reported $1.42 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.30 by $0.12. The semiconductor producer earned $290.07 million during the quarter, compared to analysts' expectations of $284.96 million. Mellanox Technologies had a return on equity of 16.53% and a net margin of 12.33%. The business's revenue was up 22.1% on a year-over-year basis. During the same period last year, the firm posted $0.82 EPS. View Mellanox Technologies' Earnings History.

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

Mellanox Technologies updated its first quarter 2019 earnings guidance on Wednesday, January, 30th. The company provided earnings per share (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.

12 analysts have issued 1 year price objectives for Mellanox Technologies' shares. Their predictions range from $75.00 to $130.00. On average, they expect Mellanox Technologies' share price to reach $111.45 in the next twelve months. This suggests that the stock has a possible downside of 5.4%. 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 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mellanox Technologies.

Media stories about MLNX stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mellanox Technologies earned a daily sentiment score of -1.9 on InfoTrie's scale. They also assigned news stories about the semiconductor producer a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an impact on the stock's share price in the immediate future.

Mellanox Technologies saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 890,569 shares, an increase of 49.4% from the February 15th total of 596,108 shares. Based on an average trading volume of 895,757 shares, the short-interest ratio is presently 1.0 days. Approximately 1.8% of the company's stock are sold short. View Mellanox Technologies' Current Options Chain.

Some companies that are related to Mellanox Technologies include Infineon Technologies (IFNNY), Advanced Micro Devices (AMD), TOKYO ELECTRON/ADR (TOELY), Kyocera (KYOCY), Microchip Technology (MCHP), Maxim Integrated Products (MXIM), STMicroelectronics (STM), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), ON Semiconductor (ON), Qorvo (QRVO), ASE Technology (ASX), IPG Photonics (IPGP), Integrated Device Technology (IDTI) and Monolithic Power Systems (MPWR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mellanox Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), salesforce.com (CRM), Netflix (NFLX), Intel (INTC), Boeing (BA), ITT Educational Services (ESINQ), QUALCOMM (QCOM) and Tesla (TSLA).

Mellanox Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (3.72%), Clal Insurance Enterprises Holdings Ltd (3.53%), Windacre Partnership LLC (1.35%), Two Sigma Investments LP (1.33%), Two Sigma Advisers LP (1.24%) and Handelsbanken Fonder AB (1.14%). 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 Menora Mivtachim Holdings LTD., Clal Insurance Enterprises Holdings Ltd, Millennium Management LLC, Acadian Asset Management LLC, BlackRock Inc., Mackenzie Financial Corp, Prudential PLC and GSA Capital Partners LLP. 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 purchased by a variety of institutional investors in the last quarter, including Windacre Partnership LLC, Norges Bank, Massachusetts Financial Services Co. MA, Two Sigma Advisers LP, Bank of America Corp DE, Two Sigma Investments LP, Harel Insurance Investments & Financial Services Ltd. and FMR 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 $117.78.

Mellanox Technologies has a market capitalization of $6.39 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]