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) issued its quarterly earnings results on Tuesday, April, 25th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.61 by $0.02. The company had revenue of $186.08 million for the quarter, compared to analyst estimates of $182.73 million. MACOM Technology Solutions Holdings had a positive return on equity of 17.86% and a negative net margin of 16.35%. The company's revenue for the quarter was up 39.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.46 EPS. View MACOM Technology Solutions Holdings' Earnings History.

MACOM Technology Solutions Holdings updated its third quarter earnings guidance on Tuesday, April, 25th. The company provided EPS guidance of $0.67-0.71 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.69. The company issued revenue guidance of $194-198 million, compared to the consensus revenue estimate of $196.30 million.

7 brokers have issued 12 month target prices for MACOM Technology Solutions Holdings' stock. Their forecasts range from $38.00 to $66.00. On average, they expect MACOM Technology Solutions Holdings' share price to reach $55.67 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. " (4/19/2017)
• 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), Axcelis Technologies (ACLS), Ultra Clean Holdings (UCTT), Nanometrics Incorporated (NANO), Photronics (PLAB), PDF Solutions (PDFS), Xcerra Corporation (XCRA), Cohu (COHU), 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 many different of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (6.59%), Vanguard Group Inc. (4.97%), Jennison Associates LLC (3.52%), BlackRock Inc. (3.22%), Neuberger Berman Group LLC (2.09%) and FMR LLC (1.98%). Company insiders that own MACOM Technology Solutions Holdings stock include Charles R Bland, Donghyun Thomas Hwang, 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 Summit Partners L P, Next Century Growth Investors LLC, Frontier Capital Management Co. LLC, JPMorgan Chase & Co., TimesSquare Capital Management LLC, Bank of Montreal Can, Kennedy Capital Management Inc. and Magee Thomson Investment Partners LLC. 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, Robert Mcmullan and Walter Gregory Baker. View Insider Buying and Selling for MACOM Technology Solutions Holdings.

MACOM Technology Solutions Holdings' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Wellington Management Group LLP, Goldman Sachs Group Inc., FMR LLC, Pinnacle Associates Ltd., Neuberger Berman Group LLC and Garelick Capital Partners LP. 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 $60.25.