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

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MACOM Technology Solutions in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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?

9 Wall Street analysts have issued 12-month price objectives for MACOM Technology Solutions' stock. Their MTSI share price targets range from $65.00 to $92.00. On average, they predict the company's share price to reach $82.60 in the next year. This suggests that the stock has a possible downside of 2.7%. View analysts price targets for MTSI or view top-rated stocks among Wall Street analysts .

How have MTSI shares performed in 2023?

MACOM Technology Solutions' stock was trading at $62.98 at the beginning of 2023. Since then, MTSI stock has increased by 34.7% and is now trading at $84.86. View the best growth stocks for 2023 here .

When is MACOM Technology Solutions' next earnings date?

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

How were MACOM Technology Solutions' earnings last quarter?

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) issued its quarterly earnings results on Thursday, November, 9th. The semiconductor company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.02. The semiconductor company earned $150.38 million during the quarter, compared to analyst estimates of $150.70 million. MACOM Technology Solutions had a net margin of 14.12% and a trailing twelve-month return on equity of 17.47%.

What ETFs hold MACOM Technology Solutions' stock?

ETFs with the largest weight of MACOM Technology Solutions (NASDAQ:MTSI) stock in their portfolio include SPDR S&P Semiconductor ETF (XSD) , iShares Future Cloud 5G and Tech ETF (IDAT) , Pacer US Export Leaders ETF (PEXL) , First Trust Nasdaq Semiconductor ETF (FTXL) , Syntax Stratified MidCap ETF (SMDY) and Defiance Next Gen Connectivity ETF (FIVG) . Invesco S&P MidCap 400 GARP ETF (EWMC) .

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

MACOM Technology Solutions updated its first quarter earnings guidance on Thursday, November, 9th. The company provided EPS guidance of $0.55-$0.59 for the period, compared to the consensus earnings per share estimate of $0.59. The company issued revenue guidance of $149-$153 million, compared to the consensus revenue estimate of $155.60 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 retail and institutional investors. Top institutional investors include FMR LLC (6.78%), Artisan Partners Limited Partnership (1.59%), Loomis Sayles & Co. L P (1.21%), Northern Trust Corp (0.97%), Victory Capital Management Inc. (0.97%) and The Manufacturers Life Insurance Company (0.73%). Insiders that own company stock include Ambra R Roth , Charles R Bland , Donghyun Thomas Hwang , Douglas J Carlson, Douglas J Carlson , Geoffrey G Ribar , John Kober , John L Ocampo , Peter Y Chung , Robert Dennehy , Stephen G Daly and Stephen G Daly . 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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

$84.86

-0.24 (-0.28%)

(As of 12/5/2023 ET)

Compare

Today's Range: $83.57
▼
$85.05
50-Day Range: $70.24
▼
$85.41
52-Week Range: $48.53
▼
$85.95

Volume: 360,565 shs
Average Volume: 456,332 shs
Market Capitalization: $6.04 billion

P/E Ratio: 66.30
Dividend Yield: N/A
Price Target: $82.60

MACOM Technology Solutions MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 2.7% Downside
$82.60 Price Target
Short Interest: Healthy
4.87% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.28
Based on 15 Articles This Week
Insider Trading: Selling Shares
$25.98 M Sold Last Quarter
Proj. Earnings Growth: 25.84%
From $2.09 to $2.63 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Computer And Technology Sector

187th out of 589 stocks

Semiconductors & Related Devices Industry

31st out of 80 stocks

1.3

Analyst's Opinion

Consensus Rating
MACOM Technology Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $82.60, MACOM Technology Solutions has a forecasted downside of 2.7% from its current price of $84.86.
Amount of Analyst Coverage
MACOM Technology Solutions has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
4.87% of the float of MACOM Technology Solutions has been sold short.
Short Interest Ratio / Days to Cover
MACOM Technology Solutions has a short interest ratio ("days to cover") of 6.4.
Change versus previous month
Short interest in MACOM Technology Solutions has recently decreased by 7.72%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
MACOM Technology Solutions does not currently pay a dividend.
Dividend Growth
MACOM Technology Solutions does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MTSI.

2.9

News and Social Media Coverage

News Sentiment
MACOM Technology Solutions has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 15 news articles for MACOM Technology Solutions this week, compared to 3 articles on an average week.
Search Interest
3 people have searched for MTSI on MarketBeat in the last 30 days.
MarketBeat Follows
3 people have added MACOM Technology Solutions to their MarketBeat watchlist in the last 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MACOM Technology Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $25,976,844.00 in company stock.
Percentage Held by Insiders
24.00% of the stock of MACOM Technology Solutions is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
76.14% of the stock of MACOM Technology Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for MACOM Technology Solutions are expected to grow by 25.84% in the coming year, from $2.09 to $2.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MACOM Technology Solutions is 66.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of MACOM Technology Solutions is 66.30, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 246.27.
Price to Earnings Growth Ratio
MACOM Technology Solutions has a PEG Ratio of 7.46. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
MACOM Technology Solutions has a P/B Ratio of 6.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

MTSI Stock News Headlines

December 4, 2023 | finance.yahoo.com

MACOM Completes Acquisition of Wolfspeed’s RF Business

December 4, 2023 | americanbankingnews.com

Insider Selling: MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) SVP Sells $1,022,606.28 in Stock

December 5, 2023 | Autonomix (Ad)

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December 3, 2023 | americanbankingnews.com

MACOM Technology Solutions (NASDAQ:MTSI) Reaches New 52-Week High at $85.66

December 2, 2023 | americanbankingnews.com

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) CEO Stephen G. Daly Sells 50,000 Shares

December 2, 2023 | americanbankingnews.com

Insider Selling: MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) CFO Sells 13,703 Shares of Stock

December 1, 2023 | finance.yahoo.com

Insider Sell Alert: MACOM Technology Solutions Holdings Inc's CEO Stephen Daly Sells 100,000 Shares

December 1, 2023 | finance.yahoo.com

MACOM Technology Solutions Holdings (MTSI) Rallied on Acquisition Announcement

December 5, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

November 30, 2023 | msn.com

MACOM Technology execs sell shares

November 25, 2023 | americanbankingnews.com

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Director Sells $2,116,600.64 in Stock

November 22, 2023 | markets.businessinsider.com

MACOM Technology Announces Passing Of Chairman John Ocampo

November 10, 2023 | markets.businessinsider.com

What 5 Analyst Ratings Have To Say About MACOM Technology Solns

November 9, 2023 | msn.com

MACOM Technology Posts Q4 Revenue Miss, Guides Q1 Topline Below Consensus

November 8, 2023 | msn.com

MACOM Technology Q3 2023 Earnings Preview

November 2, 2023 | finance.yahoo.com

Is There Now An Opportunity In MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)?

October 26, 2023 | finance.yahoo.com

MACOM to Report Fourth Quarter and Fiscal Year 2023 Financial Results on November 9, 2023

October 19, 2023 | finance.yahoo.com

Even though MACOM Technology Solutions Holdings (NASDAQ:MTSI) has lost US$339m market cap in last 7 days, shareholders are still up 481% over 5 years

October 17, 2023 | finance.yahoo.com

Strength Within its Industrial and Defense Segments Pushed MACOM Technology Solutions (MTSI) in Q3

October 12, 2023 | markets.businessinsider.com

Wolfspeed's Future Relies On Mohawk Valley Fab: Analyst

October 11, 2023 | seekingalpha.com

MACOM: A Chipmaking Defense Contractor With Value Potentials

October 5, 2023 | finance.yahoo.com

Is MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Trading At A 20% Discount?

October 3, 2023 | finance.yahoo.com

MACOM (MTSI) Boosts Data Center Offerings With New Equalizers

October 2, 2023 | finance.yahoo.com

MACOM Extends Copper Cable Reach for 1.6 Terabit Applications with New 227 Gbps Equalizers

September 27, 2023 | finance.yahoo.com

MACOM to Demonstrate and Showcase Optical Solutions at the 2023 European Conference on Optical Communications

September 21, 2023 | finance.yahoo.com

WOLF Sep 2023 42.000 put

September 13, 2023 | finance.yahoo.com

MACOM to Showcase Latest Capabilities at European Microwave Week 2023

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/05/2023
Next Earnings (Estimated): 2/01/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: Semiconductors
Sector: Computer and Technology
Current Symbol: NASDAQ:MTSI
CUSIP: 55405Y10
CIK: 1493594
Web: www.macom.com
Phone: (978) 656-2500
Fax: 978-656-2804
Employees: 1,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $82.60
High Stock Price Target: $92.00
Low Stock Price Target: $65.00
Potential Upside/Downside: -2.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.28
Trailing P/E Ratio: 66.30
Forward P/E Ratio: 40.60
P/E Growth: 7.46
Net Income: $91.58 million
Net Margins: 14.12%
Pretax Margin: 17.76%
Return on Equity: 17.47%
Return on Assets: 9.87%

Debt

Debt-to-Equity Ratio: 0.52
Current Ratio: 9.11
Quick Ratio: 7.48

Sales & Book Value

Annual Sales: $648.41 million
Price / Sales: 9.32
Cash Flow: $2.69 per share
Price / Cash Flow: 31.57
Book Value: $13.35 per share
Price / Book: 6.36

Miscellaneous

Outstanding Shares: 71,210,000
Free Float: 54,118,000
Market Cap: $6.04 billion
Optionable: Optionable
Beta: 1.71

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Key Executives

Mr. John L. Ocampo (Age 64)
Chairman of the Board
Comp: $150k
Mr. Stephen G. Daly (Age 57)
President, CEO & Director
Comp: $1.68M
Mr. John F. Kober III (Age 53)
CFO & Senior VP
Comp: $1.01M
Mr. Robert Dennehy (Age 49)
Senior Vice President of Operations
Comp: $715.69k
Dr. Douglas Carlson (Age 61)
Senior Vice President of Technology
Comp: $715.69k
Ms. Ambra R. Roth (Age 41)
Senior VP, General Counsel, Human Resources & Secretary
Comp: $715.69k
Mr. Donghyun Hwang (Age 59)
Senior Vice President of Global Sales
Comp: $715.69k
Mr. Stephen Ferranti
Vice President of Strategic Initiatives & Investor Relations
Mr. Wayne Struble
Senior Vice President of Advanced Semiconductor Technology
Mr. Conor Noel Hegarty (Age 55)
Vice President of Finance & Business Operations
Comp: $348.58k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MTSI Stock Analysis - Frequently Asked Questions

Should I buy or sell MACOM Technology Solutions stock right now?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MACOM Technology Solutions in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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?: 9 Wall Street analysts have issued 12-month price objectives for MACOM Technology Solutions' stock. Their MTSI share price targets range from $65.00 to $92.00. On average, they predict the company's share price to reach $82.60 in the next year. This suggests that the stock has a possible downside of 2.7%.
View analysts price targets for MTSI or view top-rated stocks among Wall Street analysts.
How have MTSI shares performed in 2023?: MACOM Technology Solutions' stock was trading at $62.98 at the beginning of 2023. Since then, MTSI stock has increased by 34.7% and is now trading at $84.86.
View the best growth stocks for 2023 here.
When is MACOM Technology Solutions' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our MTSI earnings forecast.
How were MACOM Technology Solutions' earnings last quarter?: MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) issued its quarterly earnings results on Thursday, November, 9th. The semiconductor company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.02. The semiconductor company earned $150.38 million during the quarter, compared to analyst estimates of $150.70 million. MACOM Technology Solutions had a net margin of 14.12% and a trailing twelve-month return on equity of 17.47%.
What ETFs hold MACOM Technology Solutions' stock?: ETFs with the largest weight of MACOM Technology Solutions (NASDAQ:MTSI) stock in their portfolio include SPDR S&P Semiconductor ETF (XSD), iShares Future Cloud 5G and Tech ETF (IDAT), Pacer US Export Leaders ETF (PEXL), First Trust Nasdaq Semiconductor ETF (FTXL), Syntax Stratified MidCap ETF (SMDY) and Defiance Next Gen Connectivity ETF (FIVG).Invesco S&P MidCap 400 GARP ETF (EWMC).

What guidance has MACOM Technology Solutions issued on next quarter's earnings?: MACOM Technology Solutions updated its first quarter earnings guidance on Thursday, November, 9th. The company provided EPS guidance of $0.55-$0.59 for the period, compared to the consensus earnings per share estimate of $0.59. The company issued revenue guidance of $149-$153 million, compared to the consensus revenue estimate of $155.60 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 retail and institutional investors. Top institutional investors include FMR LLC (6.78%), Artisan Partners Limited Partnership (1.59%), Loomis Sayles & Co. L P (1.21%), Northern Trust Corp (0.97%), Victory Capital Management Inc. (0.97%) and The Manufacturers Life Insurance Company (0.73%). Insiders that own company stock include Ambra R Roth, Charles R Bland, Donghyun Thomas Hwang, Douglas J Carlson, Douglas J Carlson, Geoffrey G Ribar, John Kober, John L Ocampo, Peter Y Chung, Robert Dennehy, Stephen G Daly and Stephen G Daly.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:MTSI) was last updated on 12/5/2023 by MarketBeat.com Staff

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