MACOM Technology Solutions Holdings Company Profile (NASDAQ:MTSI)

MACOM Technology Solutions Holdings trades on the NASDAQ under the ticker symbol "MTSI."

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) released its quarterly earnings data on Tuesday, August, 1st. The company reported $0.67 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.68 by $0.01. The company earned $194.56 million during the quarter, compared to analysts' expectations of $194.93 million. MACOM Technology Solutions Holdings had a positive return on equity of 17.21% and a negative net margin of 22.43%. The firm's quarterly revenue was up 36.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.51 EPS. View MACOM Technology Solutions Holdings' Earnings History.

MACOM Technology Solutions Holdings is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for MACOM Technology Solutions Holdings.

MACOM Technology Solutions Holdings issued an update on its fourth quarter earnings guidance on Tuesday, August, 1st. The company provided EPS guidance of $0.45-0.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.75. The company issued revenue guidance of $165-174 million, compared to the consensus revenue estimate of $207.15 million.

5 analysts have issued 12 month target prices for MACOM Technology Solutions Holdings' stock. Their forecasts range from $56.00 to $63.00. On average, they anticipate MACOM Technology Solutions Holdings' stock price to reach $59.25 in the next twelve months. View Analyst Ratings for MACOM Technology Solutions Holdings.

Here are some recent quotes from research analysts about MACOM Technology Solutions Holdings stock:

• 1. According to Zacks Investment Research, "M/A-COM Technology Solutions Holdings, Inc. provides analog semiconductor solutions for use in wireless and wireline applications across the RF, microwave and millimeterwave spectrum. The Company's primary markets are Networks which includes CATV, cellular backhaul, cellular infrastructure and fiber optic applications, A&D and Multi-market, which includes automotive, industrial, medical, mobile and scientific applications. It's product lines include active splitter, amplifier, attenuator, automotive module, capacitor, component, coupler, diode, down converter IC, filter, frequency multiplier, hybrid voltage controlled oscillator, integrated receiver IC, modulator/demodulator, optical modulator driver, phase shifter, power combiner, power detector, power divider, power hybrid pallet, power hybrid transistor, switch, synthesizer, transceiver, transformer, upconverter IC and voltage controlled oscillator. M/A-COM Technology Solutions Holdings, Inc. and is headquartered in Lowell, Massachusetts. " (8/8/2017)
• 2. Jefferies Group LLC analysts commented, "MTSI's results were in line on revs but above on EPS due to lower opex. Its MarQ outlook includes a partial quarter of recently acquired AMCC, muddling the comparison to consensus. We view the outlook as conservative given the caution management takes with new acquisitions. MTSI continues to have high visibility in A&D growth from MMICs, and we think its secular opportunities (100G, GaN, SPAR) remain intact. MTSI remains a top small-cap pick." (2/1/2017)
• 3. Needham & Company LLC analysts commented, "MTSI delivered in line F1Q17 revenue and NG EPS despite weaker than expected NG GM due to a reduction in high margin PON laser revenue despite overall strength in Optical. Guidance for F2Q17 includes recently acquired AMCC, with management noting the core MTSI business is tracking in line with prior expectations. We adjust our estimates to include higher core MTSI revenue, lower core MTSI GM and a conservative forecast for AMCC revenue. The net effect of these changes are a modest increase in our NG EPS estimates. With the LH/metro optical outlook still robust, data center revenue ramping, A&D poised for 40% Y/Y growth and increasing traction in GaN-on-Si PAs, we reiterate our Buy rating and raise our PT to $54 from $49." (2/1/2017)

Some companies that are related to MACOM Technology Solutions Holdings include Entegris (ENTG), Amkor Technology (AMKR), Brooks Automation (BRKS), Kulicke and Soffa Industries (KLIC), FormFactor (FORM), Ultra Clean Holdings (UCTT), Axcelis Technologies (ACLS), Nanometrics Incorporated (NANO), Cohu (COHU), Photronics (PLAB), Xcerra Corporation (XCRA), PDF Solutions (PDFS), Camtek (CAMT), Mattson Technology (MTSN) and Ultratech (UTEK).

MACOM Technology Solutions Holdings' management team includes the folowing people:

• John L. Ocampo, Chairman of the Board
• John R. Croteau, President, Chief Executive Officer, Director
• Robert J. McMullan, Chief Financial Officer, Senior Vice President
• John Kennedy, Senior Vice President and General Manager-Aerospace & Defense
• Michael T. Murphy, Senior Vice President and General Manager, RF & Microwave
• Preetinder S. Virk, Senior Vice President and General Manager, Networks
• Alex Behfar, Senior Vice President, Chief Scientist, Photonics
• Robert B. Dennehy, Senior Vice President - Operations
• Donghyun Thomas Hwang, Senior Vice President of Global Sales
• Charles R. Bland, Independent Director

MACOM Technology Solutions Holdings' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.38%), Ameriprise Financial Inc. (4.41%), Lord Abbett & CO. LLC (4.01%), BlackRock Inc. (3.74%), Frontier Capital Management Co. LLC (3.32%) and Jennison Associates LLC (3.25%). Company insiders that own MACOM Technology Solutions Holdings stock include Charles R Bland, Donghyun Thomas Hwang, Geoffrey G Ribar, John Croteau, John L Ocampo, Lunsen Gil J Van, Michael T Murphy, Peter Y Chung, Preetinder S Virk, Robert Dennehy, Robert Mcmullan, Summit Partners Private Equity and Walter Gregory Baker. View Institutional Ownership Trends for MACOM Technology Solutions Holdings.

MACOM Technology Solutions Holdings' stock was sold by a variety of institutional investors in the last quarter, including Cramer Rosenthal Mcglynn LLC, Goldman Sachs Group Inc., Lord Abbett & CO. LLC, Kennedy Capital Management Inc., Emerald Advisers Inc. PA, Fred Alger Management Inc., JPMorgan Chase & Co. and Franklin Resources Inc.. Company insiders that have sold MACOM Technology Solutions Holdings stock in the last year include Charles R Bland, Donghyun Thomas Hwang, John Croteau, John L Ocampo, Lunsen Gil J Van, Michael T Murphy, Preetinder S Virk, Robert Dennehy and Robert Mcmullan. View Insider Buying and Selling for MACOM Technology Solutions Holdings.

MACOM Technology Solutions Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Frontier Capital Management Co. LLC, Capital Research Global Investors, Sumitomo Mitsui Asset Management Company LTD, BlackRock Inc., Whale Rock Capital Management LLC, Vanguard Group Inc. and Quantitative Investment Management LLC. View Insider Buying and Selling for MACOM Technology Solutions Holdings.

Shares of MACOM Technology Solutions Holdings 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 MACOM Technology Solutions Holdings stock can currently be purchased for approximately $42.85.