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 Wednesday, October, 24th. The semiconductor producer reported $1.33 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.20 by $0.13. The semiconductor producer had revenue of $279.20 million for 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%. The company's revenue for the quarter was up 23.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.71 earnings per share. View Mellanox Technologies' Earnings History.

Mellanox Technologies is scheduled to release their next quarterly earnings announcement on Thursday, January 17th 2019. View Earnings Estimates for Mellanox Technologies.

Mellanox Technologies issued an update on its fourth quarter 2018 earnings guidance on Wednesday, October, 24th. The company provided EPS 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 12 month price targets for Mellanox Technologies' stock. Their predictions range from $75.00 to $130.00. On average, they expect Mellanox Technologies' stock price to reach $103.8333 in the next year. This suggests a possible upside of 18.2% 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 coverage about MLNX stock has been trending somewhat positive on Monday, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mellanox Technologies earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the semiconductor producer a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Mellanox Technologies saw a increase in short interest in November. As of November 30th, there was short interest totalling 868,334 shares, an increase of 67.1% from the November 15th total of 519,537 shares. Based on an average trading volume of 784,702 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.8% of the shares of the company are short sold. View Mellanox Technologies' Current Options Chain.

Some companies that are related to Mellanox Technologies include TOKYO ELECTRON/ADR (TOELY), Kyocera (KYOCY), Microchip Technology (MCHP), 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), Cypress Semiconductor (CY) and First Solar (FSLR).

Mellanox Technologies' stock is owned by many different of institutional and retail investors. Top institutional investors include Starboard Value LP (8.30%), Capital Research Global Investors (4.72%), Clal Insurance Enterprises Holdings Ltd (4.06%), Senvest Management LLC (3.71%), Massachusetts Financial Services Co. MA (2.85%) and Neuberger Berman Group LLC (2.60%). 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 Starboard Value LP, Menora Mivtachim Holdings LTD., Alliancebernstein L.P., Massachusetts Financial Services Co. MA, Teachers Advisors LLC, Capital Research Global Investors, Point72 Asset Management L.P. and NWQ Investment Management Company LLC. 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 acquired by a variety of institutional investors in the last quarter, including Senvest Management LLC, Neuberger Berman Group LLC, Sandler Capital Management, Robeco Institutional Asset Management B.V., Harel Insurance Investments & Financial Services Ltd., Sensato Investors LLC, Vanguard Group Inc and Vanguard Group Inc.. 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 $87.84.

Mellanox Technologies has a market capitalization of $4.86 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]