About Mellanox Technologies (NASDAQ:MLNX)
Mellanox Technologies, Ltd. is a fabless semiconductor company. The Company is an integrated supplier of interconnect products and solutions based on the InfiniBand and Ethernet standards. The Company operates in the development, manufacturing, marketing and sales of interconnect products segment. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment and other embedded systems. It operates its business globally and offers products to customers at various levels of integration. The products it offers include integrated circuits (ICs), adapter cards, switch systems, multi-core and network processors, cables, modules, software, services and accessories. Together these products form a networking solution, focused on computing, storage and communication applications used in multiple markets, including high-performance computing (HPC), cloud, Web 2.0, storage, financial services, and enterprise data center (EDC).
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Semiconductors
- Sub-Industry: N/A
- Symbol: NASDAQ:MLNX
- CUSIP: N/A
- Web: www.mellanox.com
- Market Cap: $2.19504 billion
- Outstanding Shares: 50,287,000
- 50 Day Moving Avg: $46.21
- 200 Day Moving Avg: $46.29
- 52 Week Range: $38.75 - $52.79
Sales & Book Value:
- Trailing P/E Ratio: 6235.71
- Foreward P/E Ratio: 26.86
- P/E Growth: 1.50
- Annual Revenue: $846.5 million
- Price / Sales: 2.62
- Book Value: $19.99 per share
- Price / Book: 2.20
- EBITDA: $105.01 million
- Net Margins: 0.09%
- Return on Equity: 5.93%
- Return on Assets: 3.98%
- Debt-to-Equity Ratio: 0.19%
- Current Ratio: 2.79%
- Quick Ratio: 2.43%
- Average Volume: 337,738 shs.
- Beta: 0.69
- Short Ratio: 6.57
Frequently Asked Questions for Mellanox Technologies (NASDAQ:MLNX)
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 Wednesday, July, 26th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.01. The firm earned $212 million during the quarter, compared to analyst estimates of $209.62 million. Mellanox Technologies had a net margin of 0.09% and a return on equity of 5.93%. The business's revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.87 earnings per share. View Mellanox Technologies' Earnings History.
When will Mellanox Technologies make its next earnings announcement?
Where is Mellanox Technologies' stock going? Where will Mellanox Technologies' stock price be in 2017?
9 brokers have issued 1 year price targets for Mellanox Technologies' shares. Their predictions range from $38.00 to $65.00. On average, they anticipate Mellanox Technologies' stock price to reach $50.86 in the next twelve months. View Analyst Ratings for Mellanox Technologies.
What are analysts saying about Mellanox Technologies stock?
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. " (9/27/2017)
- 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)
Who are some of Mellanox Technologies' key competitors?
Some companies that are related to Mellanox Technologies include Silicon Laboratories (SLAB), Integrated Device Technology (IDTI), Advanced Energy Industries (AEIS), Cree (CREE), Vishay Intertechnology (VSH), Tower Semiconductor (TSEM), Sanmina Corporation (SANM), Semtech Corporation (SMTC), Rogers Corporation (ROG), Power Integrations (POWI), Cabot Microelectronics Corporation (CCMP), Plexus Corp. (PLXS), Silicon Motion Technology Corporation (SIMO), Celestica (CLS), Ambarella (AMBA), Himax Technologies (HIMX), Diodes Incorporated (DIOD) and Inphi Corporation (IPHI).
Who are Mellanox Technologies' key executives?
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
- Shlomit Weiss, Senior Vice President - Silicon Engineering
- 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
Who owns Mellanox Technologies stock?
Mellanox Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Fox Run Management L.L.C. (0.02%) and Juncture Wealth Strategies LLC (0.01%). 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.
Who bought Mellanox Technologies stock? Who is buying Mellanox Technologies stock?
How do I buy Mellanox Technologies stock?
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.
What is Mellanox Technologies' stock price today?
MarketBeat Community Rating for Mellanox Technologies (NASDAQ MLNX)MarketBeat's community ratings are surveys of what our community members think about Mellanox Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Mellanox Technologies stock can currently be purchased for approximately $44.05.
Consensus Ratings for Mellanox Technologies (NASDAQ:MLNX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Sell Ratings, 5 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$50.86 (15.45% upside)|Consensus Price Target History for Mellanox Technologies (NASDAQ:MLNX)
Analysts' Ratings History for Mellanox Technologies (NASDAQ:MLNX)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/9/2017||Barclays PLC||Downgrade||Overweight -> Underweight||$50.00 -> $48.00||N/A|
|9/10/2017||Jefferies Group LLC||Reiterated Rating||Sell||$38.00||Low|
|8/29/2017||Benchmark Co.||Initiated Coverage||Buy -> Buy||$60.00||High|
|7/27/2017||Credit Suisse Group||Set Price Target||Hold||$45.00||Medium|
|7/28/2017||Piper Jaffray Companies||Reiterated Rating||Hold||$47.00||Medium|
|4/27/2017||Roth Capital||Downgrade||Buy -> Neutral||$60.00 -> $53.00||High|
|2/22/2017||Rosenblatt Securities||Initiated Coverage||Neutral||N/A|
|11/28/2016||Summit Redstone||Set Price Target||Buy||$65.00||N/A|
|7/28/2016||Pacific Crest||Initiated Coverage||Sector Weight||N/A|
|7/24/2016||Brean Capital||Reiterated Rating||Buy||$55.00 -> $60.00||N/A|
|6/22/2016||Summit Research||Reiterated Rating||Buy||$65.00||N/A|
|4/21/2016||FBN Securities||Lower Price Target||Sector Perform||$52.00 -> $50.00||N/A|
|4/7/2016||DA Davidson||Reiterated Rating||Buy||$60.00 -> $73.00||N/A|
|3/2/2016||Sterne Agee CRT||Initiated Coverage||Neutral||N/A|
|2/25/2016||J P Morgan Chase & Co||Initiated Coverage||Overweight||$67.00||N/A|
|2/24/2016||Topeka Capital Markets||Upgrade||Hold -> Buy||$46.00 -> $60.00||N/A|
|1/28/2016||Stifel Nicolaus||Boost Price Target||Buy||$75.00 -> $80.00||N/A|
Earnings History for Mellanox Technologies (NASDAQ:MLNX)Earnings History by Quarter for Mellanox Technologies (NASDAQ MLNX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||6/30/2017||$0.11||$0.10||$209.62 million||$212.00 million||View||N/A|
|4/26/2017||3/31/2017||$0.49||$0.29||$204.70 million||$188.65 million||View||N/A|
|2/1/2017||Q416||$0.86||$0.82||$225.04 million||$221.70 million||View||Listen|
|10/27/2016||Q316||$0.60||$0.93||$25.16 million||$224.20 million||View||Listen|
|7/20/2016||Q216||$0.83||$0.87||$212.79 million||$214.80 million||View||Listen|
|4/20/2016||Q116||$0.76||$0.81||$190.83 million||$196.80 million||View||Listen|
|1/27/2016||Q415||$0.70||$0.77||$173.91 million||$176.94 million||View||Listen|
|10/21/2015||Q315||$0.71||$0.75||$167.83 million||$171.40 million||View||Listen|
|7/22/2015||Q215||$0.62||$0.75||$157.87 million||$163.15 million||View||Listen|
|4/21/2015||Q115||$0.21||$0.35||$142.66 million||$146.70 million||View||N/A|
|1/28/2015||Q414||$0.19||$0.33||$134.46 million||$141.12 million||View||N/A|
|10/22/2014||Q314||($0.01)||$0.38||$116.10 million||$120.70 million||View||Listen|
|7/24/2014||Q214||($0.17)||($0.11)||$102.64 million||$102.60 million||View||Listen|
|4/24/2014||Q114||$0.11||$0.10||$102.88 million||$98.70 million||View||N/A|
|1/29/2014||Q413||$0.21||$0.21||$107.87 million||$105.50 million||View||Listen|
|10/23/2013||Q313||$0.32||$0.29||$108.11 million||$104.10 million||View||N/A|
|7/24/2013||Q2 2013||$0.19||$0.30||$97.26 million||$98.20 million||View||N/A|
|4/24/2013||Q1 2013||$0.04||$0.10||$80.77 million||$83.10 million||View||N/A|
|1/23/2013||Q4 2012||$0.66||$0.69||$120.00 million||$122.10 million||View||N/A|
Earnings Estimates for Mellanox Technologies (NASDAQ:MLNX)
2017 EPS Consensus Estimate: $1.95
2018 EPS Consensus Estimate: $1.62
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Mellanox Technologies (NASDAQ:MLNX)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Mellanox Technologies (NASDAQ:MLNX)
Insider Ownership Percentage: 6.05%Insider Trades by Quarter for Mellanox Technologies (NASDAQ:MLNX)
Institutional Ownership Percentage: 61.57%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/8/2017||Michael Kagan||VP||Sell||2,500||$46.56||$116,400.00|| |
|8/28/2017||Michael Kagan||VP||Sell||5,000||$45.01||$225,050.00|| |
|8/1/2017||Shai Cohen||Director||Sell||50,000||$47.16||$2,358,000.00|| |
|8/1/2017||Yakov (Jacob) Shulman||CFO||Sell||2,407||$47.00||$113,129.00|| |
|7/31/2017||Shai Cohen||Director||Sell||12,546||$47.00||$589,662.00|| |
|5/9/2017||Michael Kagan||VP||Sell||5,000||$47.50||$237,500.00|| |
|3/2/2017||Michael Kagan||VP||Sell||1,946||$48.40||$94,186.40|| |
|2/17/2017||Marc Sultzbaugh||VP||Sell||5,000||$49.12||$245,600.00|| |
|11/1/2016||Yakov (Jacob) Shulman||CFO||Sell||2,782||$43.28||$120,404.96|| |
|9/27/2016||Amal M. Johnson||Director||Sell||3,571||$41.97||$149,874.87|| |
|8/30/2016||Amal M. Johnson||Director||Sell||3,571||$43.36||$154,838.56|| |
|8/18/2016||Glenda Dorchak||Director||Sell||2,000||$42.02||$84,040.00|| |
|8/4/2016||Glenda Dorchak||Director||Sell||1,500||$43.04||$64,560.00|| |
|8/1/2016||Yakov (Jacob) Shulman||CFO||Sell||2,781||$44.49||$123,726.69|| |
|7/29/2016||Eyal Waldman||Insider||Sell||28,576||$43.92||$1,255,057.92|| |
|7/26/2016||Amal M. Johnson||Director||Sell||3,571||$46.07||$164,515.97|| |
|6/30/2016||Eyal Waldman||CEO||Sell||22,856||$47.64||$1,088,859.84|| |
|6/28/2016||Amal M. Johnson||Director||Sell||3,571||$46.53||$166,158.63|| |
|6/8/2016||Michael Kagan||VP||Sell||3,000||$50.12||$150,360.00|| |
|6/8/2016||Shai Cohen||Director||Sell||25,000||$50.17||$1,254,250.00|| |
|6/7/2016||Michael Kagan||VP||Sell||2,000||$50.03||$100,060.00|| |
|6/6/2016||Marc Sultzbaugh||VP||Sell||5,000||$49.05||$245,250.00|| |
|6/3/2016||Thomas Riordan||Director||Sell||1,000||$47.89||$47,890.00|| |
|5/31/2016||Amal M Johnson||Director||Sell||3,571||$46.50||$166,051.50|| |
|5/17/2016||Glenda Dorchak||Director||Sell||1,500||$42.82||$64,230.00|| |
|5/2/2016||Yakov (Jacob) Shulman||CFO||Sell||2,813||$43.73||$123,012.49|| |
|4/29/2016||Eyal Waldman||CEO||Sell||17,140||$43.55||$746,447.00|| |
|4/26/2016||Amal M Johnson||Director||Sell||3,571||$45.45||$162,301.95|| |
|4/26/2016||Irwin Federman||Chairman||Sell||25,000||$45.54||$1,138,500.00|| |
|3/29/2016||Amal M Johnson||Director||Sell||3,571||$54.33||$194,012.43|| |
|3/22/2016||Yakov (Jacob) Shulman||CFO||Sell||2,750||$55.00||$151,250.00|| |
|2/25/2016||Shai Cohen||Director||Sell||10,000||$50.14||$501,400.00|| |
|2/24/2016||Marc Sultzbaugh||VP||Sell||5,000||$49.03||$245,150.00|| |
|2/23/2016||Amal M. Johnson||Director||Sell||3,571||$45.99||$164,230.29|| |
|2/4/2016||Glenda Dorchak||Director||Sell||1,000||$46.99||$46,990.00|| |
|2/4/2016||Michael Kagan||VP||Sell||2,159||$47.26||$102,034.34|| |
|2/2/2016||Shai Cohen||Director||Sell||10,000||$46.31||$463,100.00|| |
|2/1/2016||Michael Kagan||VP||Sell||2,000||$45.88||$91,760.00|| |
|2/1/2016||Yakov (Jacob) Shulman||CFO||Sell||2,374||$45.44||$107,874.56|| |
|1/26/2016||Amal M. Johnson||Director||Sell||3,574||$38.65||$138,135.10|| |
|12/9/2015||Shai Cohen||Director||Sell||600||$44.56||$26,736.00|| |
|12/8/2015||Shai Cohen||Director||Sell||25,091||$44.82||$1,124,578.62|| |
|11/2/2015||Yakov (Jacob) Shulman||CFO||Sell||2,376||$47.13||$111,980.88|| |
|10/28/2015||Michael Kagan||VP||Sell||2,000||$47.53||$95,060.00|| |
|10/26/2015||Michael Kagan||VP||Sell||2,000||$46.56||$93,120.00|| |
|5/20/2015||Glenda Dorchak||Director||Sell||2,000||$49.62||$99,240.00|| |
|5/19/2015||Marc Sultzbaugh||VP||Sell||5,000||$50.07||$250,350.00|| |
|5/18/2015||Amal M Johnson||Director||Sell||10,000||$50.00||$500,000.00|| |
|5/18/2015||Roni Ashuri||VP||Sell||24,000||$49.22||$1,181,280.00|| |
|4/23/2015||Clifton Thomas Weatherford||Director||Sell||6,000||$49.96||$299,760.00|| |
|4/23/2015||Marc Sultzbaugh||VP||Sell||2,500||$49.14||$122,850.00|| |
|2/25/2015||Marc Sultzbaugh||VP||Sell||5,000||$47.00||$235,000.00|| |
|2/25/2015||Thomas Riordan||Director||Sell||4,000||$46.78||$187,120.00|| |
|2/13/2015||Amal M Johnson||Director||Sell||10,000||$46.00||$460,000.00|| |
|2/4/2015||Clifton Thomas Weatherford||Director||Sell||5,773||$45.20||$260,939.60|| |
|2/2/2015||Marc Sultzbaugh||VP||Sell||2,500||$45.03||$112,575.00|| |
|2/2/2015||Yakov (Jacob) Shulman||CFO||Sell||2,034||$44.24||$89,984.16|| |
|11/3/2014||Glenda Dorchak||Director||Sell||1,000||$45.39||$45,390.00|| |
|11/3/2014||Marc Sultzbaugh||VP||Sell||1,400||$45.00||$63,000.00|| |
|11/3/2014||Yakov (Jacob) Shulman||CFO||Sell||2,035||$44.75||$91,066.25|| |
|10/28/2014||Marc Sultzbaugh||VP||Sell||1,100||$45.00||$49,500.00|| |
|9/5/2014||Michael Kagan||VP||Sell||2,500||$43.01||$107,525.00|| |
|9/4/2014||Michael Kagan||VP||Sell||3,074||$42.57||$130,860.18|| |
|9/2/2014||Amal M Johnson||Director||Sell||5,000||$42.38||$211,900.00|| |
|8/27/2014||Michael Kagan||VP||Sell||2,400||$42.50||$102,000.00|| |
|8/26/2014||Glenda Dorchak||Director||Sell||2,000||$41.23||$82,460.00|| |
|5/1/2014||Yakov (Jacob) Shulman||CFO||Sell||2,036||$34.75||$70,751.00|| |
|3/6/2014||Michael Kagan||VP||Sell||2,500||$39.30||$98,250.00|| |
|2/18/2014||Marc Sultzbaugh||VP||Sell||5,000||$37.58||$187,900.00|| |
Headline Trends for Mellanox Technologies (NASDAQ:MLNX)
Latest Headlines for Mellanox Technologies (NASDAQ:MLNX)
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Mellanox Technologies (MLNX) Chart for Tuesday, October, 24, 2017