Mellanox Technologies Company Profile (NASDAQ:MLNX)

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

Mellanox Technologies, Ltd. (NASDAQ:MLNX) issued its quarterly earnings data on Wednesday, July, 26th. The company reported $0.10 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by $0.01. The company earned $212 million during the quarter, compared to analysts' expectations of $209.62 million. Mellanox Technologies had a return on equity of 5.93% and a net margin of 0.09%. The business's quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the business earned $0.87 earnings per share. 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.

7 equities research analysts have issued twelve-month target prices for Mellanox Technologies' stock. Their forecasts range from $38.00 to $65.00. On average, they anticipate Mellanox Technologies' share price to reach $49.67 in the next twelve months. 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 Semiconductor Manufacturing International Corporation (SMI), Cavium (CAVM), Monolithic Power Systems (MPWR), Silicon Laboratories (SLAB), Integrated Device Technology (IDTI), Advanced Energy Industries (AEIS), Sanmina Corporation (SANM), Vishay Intertechnology (VSH), Semtech Corporation (SMTC), Tower Semiconductor (TSEM), Cree (CREE), Rogers Corporation (ROG), Power Integrations (POWI), Cabot Microelectronics Corporation (CCMP), Plexus Corp. (PLXS), Ambarella (AMBA), Celestica (CLS) and Benchmark Electronics (BHE).

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 many different 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, Glenda Dorchak, 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 $43.60.