NASDAQ:MTSI - MACOM Technology Solutions Stock Price, Price Target & More

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

MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) announced its earnings results on Tuesday, May, 1st. The semiconductor company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. The semiconductor company earned $150.40 million during the quarter, compared to the consensus estimate of $145.48 million. MACOM Technology Solutions had a negative net margin of 11.90% and a positive return on equity of 7.54%. The firm's revenue for the quarter was down 19.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.63 EPS. View MACOM Technology Solutions' Earnings History.

MACOM Technology Solutions is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for MACOM Technology Solutions.

MACOM Technology Solutions issued an update on its third quarter earnings guidance on Tuesday, May, 1st. The company provided earnings per share guidance of $0.09-0.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.12. The company issued revenue guidance of $142-150 million, compared to the consensus revenue estimate of $149.46 million.

12 brokerages have issued 12 month target prices for MACOM Technology Solutions' shares. Their predictions range from $18.00 to $61.00. On average, they anticipate MACOM Technology Solutions' share price to reach $31.0909 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price. View Analyst Ratings for MACOM Technology Solutions.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MACOM Technology Solutions in the last year. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to MACOM Technology Solutions include Cavium (CAVM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), SUMCO Corp/ADR (SUOPY), Semiconductor Manufacturing Int'l (SMI), First Solar (FSLR), Siliconware Precision Industries (SPIL), Cree (CREE), Silicon Laboratories (SLAB), Integrated Device Technology (IDTI), Mellanox Technologies (MLNX), AU Optronics (AUO), Advantest (ATEYY), Semtech (SMTC) and Cabot Microelectronics (CCMP).

News stories about MTSI stock have trended positive this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. MACOM Technology Solutions earned a news sentiment score of 0.28 on Accern's scale. They also assigned media stories about the semiconductor company an impact score of 45.15 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

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

One share of MTSI stock can currently be purchased for approximately $24.12.

MACOM Technology Solutions has a market capitalization of $1.60 billion and generates $698.77 million in revenue each year. The semiconductor company earns $-169,490,000.00 in net income (profit) each year or $1.88 on an earnings per share basis. MACOM Technology Solutions employs 1,800 workers across the globe.

MACOM Technology Solutions' mailing address is 100 CHELMSFORD STREET, LOWELL MA, 01851. The semiconductor company can be reached via phone at 978-656-2500 or via email at [email protected]