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MACOM Technology Solutions (MTSI) Stock Price, News & Analysis

$103.64
+2.48 (+2.45%)
(As of 12:02 PM ET)
Today's Range
$102.41
$103.73
50-Day Range
$89.49
$104.00
52-Week Range
$56.60
$107.00
Volume
170,868 shs
Average Volume
526,497 shs
Market Capitalization
$7.47 billion
P/E Ratio
117.77
Dividend Yield
N/A
Price Target
$111.00

MACOM Technology Solutions MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
7.5% Upside
$111.00 Price Target
Short Interest
Bearish
7.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.04mentions of MACOM Technology Solutions in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$33.34 M Sold Last Quarter
Proj. Earnings Growth
33.68%
From $1.93 to $2.58 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.37 out of 5 stars

Computer And Technology Sector

245th out of 586 stocks

Semiconductors & Related Devices Industry

36th out of 86 stocks

MTSI stock logo

About MACOM Technology Solutions Stock (NASDAQ:MTSI)

MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally. The company offers a portfolio of standard and custom devices, including integrated circuits, multi-chip modules, diodes, amplifiers, switches and switch limiters, passive and active components, and subsystems. Its semiconductor products are electronic components that are incorporated in electronic systems, such as wireless base stations, high-capacity optical networks, radar, and medical systems and test and measurement applications. The company serves various markets comprising telecommunication that includes carrier infrastructure, which comprise long-haul/metro, 5G, and fiber-to-the-X/passive optical network; industrial and defense, including military and commercial radar, RF jammers, electronic countermeasures, and communication data links, as well as multi-market applications, such as industrial, medical, test and measurement, and scientific applications; and data centers. It sells its products through direct sales force, applications engineering staff, independent sales representatives, resellers, and distributors. The company was founded in 1950 and is headquartered in Lowell, Massachusetts.

MTSI Stock Price History

MTSI Stock News Headlines

7 Analysts Have This To Say About MACOM Technology Solns
MACOM Technology Solutions: Not Walking The Walk
See More Headlines
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Company Calendar

Last Earnings
11/04/2021
Today
5/23/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:MTSI
CUSIP
55405Y10
Employees
1,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$111.00
High Stock Price Target
$135.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+9.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$91.58 million
Pretax Margin
11.51%

Debt

Sales & Book Value

Annual Sales
$648.41 million
Cash Flow
$2.67 per share
Book Value
$14.50 per share

Miscellaneous

Free Float
55,703,000
Market Cap
$7.29 billion
Optionable
Optionable
Beta
1.65
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MTSI Stock Analysis - Frequently Asked Questions

Should I buy or sell MACOM Technology Solutions stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MACOM Technology Solutions in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MTSI shares.
View MTSI analyst ratings
or view top-rated stocks.

What is MACOM Technology Solutions' stock price target for 2024?

10 brokerages have issued 12 month target prices for MACOM Technology Solutions' stock. Their MTSI share price targets range from $85.00 to $135.00. On average, they expect the company's stock price to reach $111.00 in the next year. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for MTSI
or view top-rated stocks among Wall Street analysts.

How have MTSI shares performed in 2024?

MACOM Technology Solutions' stock was trading at $92.95 on January 1st, 2024. Since then, MTSI shares have increased by 11.1% and is now trading at $103.30.
View the best growth stocks for 2024 here
.

When is MACOM Technology Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our MTSI earnings forecast
.

How were MACOM Technology Solutions' earnings last quarter?

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) announced its earnings results on Thursday, November, 4th. The semiconductor company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. The semiconductor company had revenue of $155.21 million for the quarter, compared to analysts' expectations of $154.97 million. MACOM Technology Solutions had a trailing twelve-month return on equity of 12.67% and a net margin of 10.01%. The firm's quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.28 EPS.

What guidance has MACOM Technology Solutions issued on next quarter's earnings?

MACOM Technology Solutions updated its third quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of 0.630-0.690 for the period, compared to the consensus EPS estimate of 0.650. The company issued revenue guidance of $187.0 million-$193.0 million, compared to the consensus revenue estimate of $188.4 million.

What is Steve Daly's approval rating as MACOM Technology Solutions' CEO?

6 employees have rated MACOM Technology Solutions Chief Executive Officer Steve Daly on Glassdoor.com. Steve Daly has an approval rating of 80% among the company's employees.

What other stocks do shareholders of MACOM Technology Solutions own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MACOM Technology Solutions investors own include NVIDIA (NVDA), Block (SQ), Advanced Micro Devices (AMD), Marvell Technology (MRVL), Cisco Systems (CSCO), Alibaba Group (BABA), Intel (INTC), Editas Medicine (EDIT), Cognex (CGNX) and QUALCOMM (QCOM).

Who are MACOM Technology Solutions' major shareholders?

MACOM Technology Solutions' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.59%), Price T Rowe Associates Inc. MD (1.93%), Janus Henderson Group PLC (1.25%), Westfield Capital Management Co. LP (0.61%), Jennison Associates LLC (0.45%) and TimesSquare Capital Management LLC (0.42%). Insiders that own company stock include Ambra R Roth, Charles R Bland, Donghyun Thomas Hwang, Douglas J Carlson, Geoffrey G Ribar, John Kober, John L Ocampo, Peter Y Chung, Robert Dennehy, Stephen G Daly, Stephen G Daly, Susan Ocampo and Wayne Mack Struble.
View institutional ownership trends
.

How do I buy shares of MACOM Technology Solutions?

Shares of MTSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MTSI) was last updated on 5/23/2024 by MarketBeat.com Staff

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