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NASDAQ:MTSI

MACOM Technology Solutions - MTSI Stock Forecast, Price & News

$62.60
-2.13 (-3.29%)
(As of 08/16/2022 03:35 PM ET)
Add
Compare
Today's Range
$62.34
$64.02
50-Day Range
$44.08
$64.73
52-Week Range
$42.85
$80.30
Volume
45,744 shs
Average Volume
460,061 shs
Market Capitalization
$4.38 billion
P/E Ratio
20.46
Dividend Yield
N/A
Price Target
$70.64

MACOM Technology Solutions MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
12.2% Upside
$70.64 Price Target
Short Interest
Bearish
5.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.40mentions of MACOM Technology Solutions in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$51.50 M Sold Last Quarter
Proj. Earnings Growth
11.50%
From $2.26 to $2.52 Per Share

Overall MarketRank

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

2.17 out of 5 stars

Computer And Technology Sector

533rd out of 664 stocks

Semiconductors & Related Devices Industry

79th out of 100 stocks

MTSI stock logo

About MACOM Technology Solutions (NASDAQ:MTSI) Stock

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, the Asia Pacific, 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 basestations, high-capacity optical networks, radar, and medical systems and test and measurement. 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.

Analysts Set New Price Targets

Several research analysts have weighed in on MTSI shares. Cowen upped their target price on MACOM Technology Solutions from $55.00 to $68.00 in a research report on Friday, July 29th. Northland Securities decreased their price target on MACOM Technology Solutions from $75.00 to $70.00 in a research note on Friday, July 29th. Benchmark decreased their price target on MACOM Technology Solutions from $75.00 to $65.00 in a research note on Friday, April 29th. Jefferies Financial Group upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating and set a $64.00 price target for the company in a research note on Friday, April 29th. Finally, Needham & Company LLC upped their price target on MACOM Technology Solutions from $57.00 to $62.00 and gave the stock a "buy" rating in a research note on Friday, July 29th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $70.64.

MACOM Technology Solutions Price Performance

Shares of MTSI Stock opened at $64.73 on Tuesday. The stock has a 50 day moving average of $51.46 and a two-hundred day moving average of $54.41. The company has a current ratio of 7.55, a quick ratio of 6.46 and a debt-to-equity ratio of 1.01. MACOM Technology Solutions has a 12 month low of $42.85 and a 12 month high of $80.30. The company has a market capitalization of $4.53 billion, a P/E ratio of 21.15, a P/E/G ratio of 1.68 and a beta of 2.03.

MACOM Technology Solutions (NASDAQ:MTSI - Get Rating) last announced its quarterly earnings data on Thursday, July 28th. The semiconductor company reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.02. MACOM Technology Solutions had a return on equity of 27.65% and a net margin of 33.38%. The company had revenue of $172.30 million during the quarter, compared to the consensus estimate of $170.04 million. During the same quarter last year, the company earned $0.44 EPS. The company's quarterly revenue was up 12.9% on a year-over-year basis. As a group, equities analysts expect that MACOM Technology Solutions will post 2.26 EPS for the current year.

Insiders Place Their Bets

In other MACOM Technology Solutions news, CFO John Kober sold 2,153 shares of the firm's stock in a transaction that occurred on Thursday, August 4th. The stock was sold at an average price of $60.80, for a total value of $130,902.40. Following the completion of the sale, the chief financial officer now owns 75,318 shares in the company, valued at approximately $4,579,334.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Peter Y. Chung sold 850,311 shares of the stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of $59.00, for a total value of $50,168,349.00. Following the completion of the transaction, the director now directly owns 43,268 shares of the company's stock, valued at approximately $2,552,812. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO John Kober sold 2,153 shares of the stock in a transaction that occurred on Thursday, August 4th. The stock was sold at an average price of $60.80, for a total value of $130,902.40. Following the completion of the transaction, the chief financial officer now directly owns 75,318 shares of the company's stock, valued at $4,579,334.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 870,767 shares of company stock worth $51,282,213. 28.30% of the stock is currently owned by company insiders.

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MTSI Stock News Headlines

Copper More Critical than Lithium?
Lithium may have grabbed the headlines as a key material in building electric vehicles (EVs). But so is copper. And copper's importance in the new green economy goes far beyond EVs. Copper is critical in building wind turbines and solar panels. It's key to power lines and upgrading the national grid. Analysts say we're facing a 10-million-ton shortfall if new copper mines are not found.
MACOM Technology Solutions (NASDAQ:MTSI) PT Lowered to $70.00
MACOM Technology Solutions (NASDAQ:MTSI) PT Raised to $68.00
MACOM Technology Solutions (NASDAQ:MTSI) PT Raised to $62.00
5X Potential Growth By 2030? Is This Little-Known Market About To Explode?
It's used for our BELOVED Air Force's fighter jets, cell phones, and wind turbines. And soon, you're going to hear about it everywhere... because according to renowned intelligence reports...
MACOM Technology Solutions Tops Q3 EPS by 3c
Analyst Ratings for MACOM Technology Solns
Where MACOM Technology Solns Stands With Analysts
MACOM Introduces 7.0 Kilowatt Power Amplifier
Is MACOM Technology (MTSI) a Smart Long-Term Buy?
See More Headlines
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MTSI Company Calendar

Last Earnings
7/28/2022
Today
8/16/2022
Fiscal Year End
9/30/2022
Next Earnings (Estimated)
11/03/2022

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:MTSI
CUSIP
55405Y10
Employees
1,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$70.64
High Stock Price Forecast
$90.00
Low Stock Price Forecast
$62.00
Forecasted Upside/Downside
+12.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$37.97 million
Pretax Margin
34.55%

Debt

Sales & Book Value

Annual Sales
$606.92 million
Cash Flow
$3.05 per share
Book Value
$6.86 per share

Miscellaneous

Free Float
50,188,000
Market Cap
$4.38 billion
Optionable
Optionable
Beta
2.03














MTSI Stock - Frequently Asked Questions

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

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MACOM Technology Solutions in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MTSI shares.
View MTSI analyst ratings
or view top-rated stocks.

What is MACOM Technology Solutions' stock price forecast for 2022?

7 brokers have issued twelve-month target prices for MACOM Technology Solutions' shares. Their MTSI share price forecasts range from $62.00 to $90.00. On average, they predict the company's stock price to reach $70.64 in the next twelve months. This suggests a possible upside of 9.1% 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 2022?

MACOM Technology Solutions' stock was trading at $78.30 at the beginning of the year. Since then, MTSI stock has decreased by 17.3% and is now trading at $64.73.
View the best growth stocks for 2022 here
.

When is MACOM Technology Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our MTSI earnings forecast
.

How were MACOM Technology Solutions' earnings last quarter?

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) posted its earnings results on Thursday, July, 28th. The semiconductor company reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.02. The semiconductor company had revenue of $172.30 million for the quarter, compared to the consensus estimate of $170.04 million. MACOM Technology Solutions had a trailing twelve-month return on equity of 27.65% and a net margin of 33.38%. The firm's revenue was up 12.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.44 EPS.

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

MACOM Technology Solutions updated its fourth quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $0.74-$0.78 for the period, compared to the consensus earnings per share estimate of $0.74. The company issued revenue guidance of $175.00 million-$180.00 million, compared to the consensus revenue estimate of $177.85 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).

What is MACOM Technology Solutions' stock symbol?

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

Who are MACOM Technology Solutions' major shareholders?

MACOM Technology Solutions' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (5.38%), Victory Capital Management Inc. (2.95%), Aristotle Capital Boston LLC (1.49%), Frontier Capital Management Co. LLC (1.44%), Loomis Sayles & Co. L P (1.42%) and TimesSquare Capital Management LLC (1.28%). 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.

What is MACOM Technology Solutions' stock price today?

One share of MTSI stock can currently be purchased for approximately $64.73.

How much money does MACOM Technology Solutions make?

MACOM Technology Solutions (NASDAQ:MTSI) has a market capitalization of $4.53 billion and generates $606.92 million in revenue each year. The semiconductor company earns $37.97 million in net income (profit) each year or $3.06 on an earnings per share basis.

How many employees does MACOM Technology Solutions have?

The company employs 1,100 workers across the globe.

How can I contact MACOM Technology Solutions?

MACOM Technology Solutions' mailing address is 100 CHELMSFORD STREET, LOWELL MA, 01851. The official website for the company is www.macom.com. The semiconductor company can be reached via phone at (978) 656-2500, via email at ir@macomtech.com, or via fax at 978-656-2804.

This page (NASDAQ:MTSI) was last updated on 8/16/2022 by MarketBeat.com Staff

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