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

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$109.64 -3.25 (-2.88 %)

(As of 05/21/2019 09:24 AM ET)

Previous Close$112.89

Today's Range$109.60 - $112.61

52-Week Range$65.68 - $121.13

Volume1.94 million shs

Average Volume1.39 million shs

Market Capitalization$6.01 billion

P/E Ratio28.48

Dividend YieldN/A

Beta0.29

Mellanox Technologies, Ltd., a fabless semiconductor company, designs, manufactures, markets, and sells interconnect products and solutions. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment, and other embedded systems. The company offers InfiniBand solutions, including switch and gateway integrated circuits (ICs), adapter cards, cables, modules, and software, as well as switch, gateway, and long-haul systems; and Ethernet solutions, such as Ethernet switch products and Ethernet adapters for use in enterprise data center, high-performance computing, embedded environments, hyperscale, Web 2.0, and cloud data centers. It also provides adapters to server, storage, communications infrastructure, and embedded systems original equipment manufacturers (OEMs) as ICs or standard card form factors with PCI express interfaces; and switch ICs and systems to server, storage, communications infrastructure, and embedded systems OEMs to create switching equipment. In addition, the company supports server operating systems, including Linux, Windows, AIX, HPUX, Solaris, and VxWorks. It sells its products through its direct sales force, a network of sales representatives, and independent distributors. The company operates in the United States, China, Europe, rest of Americas, and rest of Asia. Mellanox Technologies, Ltd. was founded in 1999 and is headquartered in Sunnyvale, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:MLNX

Previous Symbol

CUSIPN/A

CIK1356104

Webwww.mellanox.com

Phone972-4909-7200

Debt

Debt-to-Equity Ratio0.04

Current Ratio3.38

Quick Ratio2.99

Price-To-Earnings

Trailing P/E Ratio28.48

Forward P/E Ratio22.38

P/E Growth1.2

Sales & Book Value

Annual Sales$1.09 billion

Price / Sales5.52

Cash Flow$5.6574 per share

Price / Cash Flow19.38

Book Value$25.46 per share

Price / Book4.31

Profitability

EPS (Most Recent Fiscal Year)$3.85

Net Income$134.26 million

Net Margins12.69%

Return on Equity17.69%

Return on Assets14.31%

Miscellaneous

Employees2,446

Outstanding Shares54,788,000

Market Cap$6.01 billion

Next Earnings Date7/16/2019 (Estimated)

OptionableOptionable

Mellanox Technologies (NASDAQ:MLNX) Frequently Asked Questions

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) announced its earnings results on Tuesday, April, 16th. The semiconductor producer reported $1.15 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.45 by $0.30. The semiconductor producer earned $305.20 million during the quarter, compared to the consensus estimate of $300.40 million. Mellanox Technologies had a net margin of 12.69% and a return on equity of 17.69%. The business's revenue was up 21.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.98 earnings per share. View Mellanox Technologies' Earnings History.

When is Mellanox Technologies' next earnings date?

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

What price target have analysts set for MLNX?

11 Wall Street analysts have issued 12-month price objectives for Mellanox Technologies' stock. Their predictions range from $100.00 to $128.00. On average, they expect Mellanox Technologies' share price to reach $117.3278 in the next year. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for Mellanox Technologies.

What is the consensus analysts' recommendation for Mellanox Technologies?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mellanox Technologies in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mellanox Technologies.

What are Wall Street analysts saying about Mellanox Technologies stock?

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

1. Rosenblatt Securities analysts commented, "Marine Products Corporation (MPX) is scheduled to report 1Q19 results before the open on Wednesday, 4/24, with a conference call at 8:00am ET. Although we are not concerned with the recent choppiness in domestic new boat registration data (that, we believe, is only likely to strengthen in the coming months coming out of a strong boat show season and as weather trends improve), we would not be surprised if the company’s overall unit shipments and results are weak due to the adverse impact of the retaliatory tariffs that were put in place last year (and drove a 50% decline in international unit shipments in 4Q18)." (4/17/2019)
2. According to Zacks Investment Research, "Mellanox is a fabless semiconductor company that develops high-speed interconnects solutions. The company is benefiting from robust demand for ethernet adapters, switches and LinkX cables. Solid demand of its Gigabit EDR solutions in machine learning, artificial intelligence, high-performance computing, database, storage and more bode well. Further, robust demand for Mellanox’s InfiniBand solutions is a key catalyst. Mellanox has also won several contracts from the likes of NetApp, the University of Toronto and NASA Ames Research Center, which reflects sturdy demand for its solutions. Recently, NVIDIA inked a definitive agreement to acquire Mellanox for a total enterprise value of around $6.9 billion. Notably, shares of Mellanox have outperformed the industry in the past year. However, exposure to foreign currency, stiff competition & customer concentration remain headwinds." (4/1/2019)

Has Mellanox Technologies been receiving favorable news coverage?

News stories about MLNX stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mellanox Technologies earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave news headlines about the semiconductor producer a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term.

Who are some of Mellanox Technologies' key competitors?

Some companies that are related to Mellanox Technologies include Infineon Technologies (IFNNY), Kyocera (KYOCY), Microchip Technology (MCHP), STMicroelectronics (STM), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Skyworks Solutions (SWKS), ASE Technology (ASX), Qorvo (QRVO), ON Semiconductor (ON), IPG Photonics (IPGP), Cree (CREE), Integrated Device Technology (IDTI), First Solar (FSLR) and Cypress Semiconductor (CY).

What other stocks do shareholders of Mellanox Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mellanox Technologies investors own include Brainstorm Cell Therapeutics (BCLI), NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Micron Technology (MU), salesforce.com (CRM), Netflix (NFLX), Transocean (RIG), Broadcom (AVGO) and QUALCOMM (QCOM).

Who are Mellanox Technologies' key executives?

Mellanox Technologies' management team includes the folowing people:

Mr. Eyal Waldman, Co-Founder, Pres, CEO & Exec. Director (Age 58)
Mr. Michael Kagan, Co-founder & CTO (Age 61)
Mr. Marc Sultzbaugh, Sr. VP of Worldwide Sales (Age 56)
Mr. Eric Wayne Johnson, VP & Corp. Controller (Age 54)
Mr. Douglas T. Ahrens, Sr. VP & CFO (Age 52)

Who are Mellanox Technologies' major shareholders?

Mellanox Technologies' stock is owned by many different of institutional and retail investors. Top institutional investors include Clal Insurance Enterprises Holdings Ltd (3.51%), Neuberger Berman Group LLC (2.56%), Renaissance Technologies LLC (2.21%), Alpine Associates Management Inc. (2.19%), CNH Partners LLC (1.71%) and Meitav Dash Investments Ltd. (1.43%). 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.

Which institutional investors are selling Mellanox Technologies stock?

MLNX stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Menora Mivtachim Holdings LTD., FIL Ltd, FMR LLC, Morgan Stanley, Cookson Peirce & Co. Inc., Handelsbanken Fonder AB and Acadian Asset Management LLC. 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 and Value Lp Starboard. View Insider Buying and Selling for Mellanox Technologies.

Which institutional investors are buying Mellanox Technologies stock?

MLNX stock was bought by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., CNH Partners LLC, Arrowgrass Capital Partners US LP, Renaissance Technologies LLC, Vivaldi Asset Management LLC, ARP Americas LP, Neuberger Berman Group LLC and Gabelli Funds 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.

How do I buy shares of 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.

What is Mellanox Technologies' stock price today?

One share of MLNX stock can currently be purchased for approximately $109.64.

How big of a company is Mellanox Technologies?

Mellanox Technologies has a market capitalization of $6.01 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.

What is Mellanox Technologies' official website?

The official website for Mellanox Technologies is http://www.mellanox.com.

How can I contact Mellanox Technologies?

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]

MarketBeat Community Rating for Mellanox Technologies (NASDAQ MLNX)

Community Ranking:		2.9 out of 5 ( )
Outperform Votes:		612 (Vote Outperform)
Underperform Votes:		430 (Vote Underperform)
Total Votes:		1,042

MarketBeat's community ratings are surveys of what our community members think about Mellanox Technologies and other stocks. Vote "Outperform" if you believe MLNX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MLNX will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 5/21/2019 by MarketBeat.com Staff