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

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$16.26 -0.15 (-0.91 %)
(As of 04/22/2019 02:55 PM ET)
Previous Close$16.41
Today's Range$16.17 - $16.42
52-Week Range$13.07 - $25.92
Volume11,644 shs
Average Volume588,223 shs
Market Capitalization$1.06 billion
P/E Ratio116.21
Dividend YieldN/A
Beta2.35
MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, designs and manufactures analog radio frequency (RF), microwave, millimeterwave, and lightwave spectrum products 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, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and subsystems for approximately 60 product lines. Its semiconductor products are electronic components that are incorporated in electronic systems, such as wireless basestations, high density networks, active antenna arrays, radar, magnetic resonance imaging 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/PON; data centers; and 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. It sells its products through direct sales force, applications engineering staff, independent sales representatives, resellers, and distributors, as well as an e-commerce channel. The company was founded in 1950 and is headquartered in Lowell, Massachusetts.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Current SymbolNASDAQ:MTSI
CUSIP55405Y10
Phone978-656-2500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$570.40 million
Cash Flow$1.5028 per share
Book Value$10.26 per share

Profitability

Net Income$-139,970,000.00

Miscellaneous

Employees1,400
Market Cap$1.06 billion
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable

MACOM Technology Solutions (NASDAQ:MTSI) Frequently Asked Questions

What is MACOM Technology Solutions' stock symbol?

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

How were MACOM Technology Solutions' earnings last quarter?

MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) released its earnings results on Tuesday, February, 5th. The semiconductor company reported $0.20 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.20. The semiconductor company had revenue of $150.69 million for the quarter, compared to analyst estimates of $153.14 million. MACOM Technology Solutions had a negative net margin of 23.86% and a positive return on equity of 1.78%. The business's quarterly revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.10 earnings per share. View MACOM Technology Solutions' Earnings History.

When is MACOM Technology Solutions' next earnings date?

MACOM Technology Solutions is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for MACOM Technology Solutions.

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

MACOM Technology Solutions updated its second quarter earnings guidance on Tuesday, February, 5th. The company provided earnings per share guidance of $0.04-0.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.22. The company issued revenue guidance of $134-142 million, compared to the consensus revenue estimate of $158.47 million.MACOM Technology Solutions also updated its Q2 2019 guidance to $0.04-0.12 EPS.

What price target have analysts set for MTSI?

10 brokerages have issued 1 year target prices for MACOM Technology Solutions' shares. Their predictions range from $15.00 to $25.00. On average, they anticipate MACOM Technology Solutions' share price to reach $20.10 in the next twelve months. This suggests a possible upside of 23.5% from the stock's current price. View Analyst Price Targets for MACOM Technology Solutions.

What is the consensus analysts' recommendation for MACOM Technology Solutions?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MACOM Technology Solutions in the last year. There are currently 4 sell ratings, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MACOM Technology Solutions.

What are Wall Street analysts saying about MACOM Technology Solutions stock?

Here are some recent quotes from research analysts about MACOM Technology Solutions stock:
  • 1. According to Zacks Investment Research, "MACOM is hurt by softness in the industrial market due to macroeconomic headwinds. Further, trade tensions and geopolitical fears are impacting the company’s business growth. Additionally, ban on ZTE shipments imposed by U.S. Government remains a matter of concern. Moreover, declining orders from cloud customers are impacting the top-line growth of the company. Notably, the stock has underperformed the industry it belongs to over a year. Nevertheless, the company is currently benefiting from its strong momentum in the data center space. Further, the company’s robust 100 GB Ethernet connectivity is expected to continue aiding its performance in this market. Also, growing 5G spending by the network operators should benefit MACOM’s position in the telecom space. However, integration issues and leveraged balance sheet remain overhangs for the company." (4/16/2019)
  • 2. Northland Securities analysts commented, "We are reflecting these views in more conservative estimates for the balance of FY19, including seq declines in June and a more modest recovery in FQ4. We also initiate what we view as a conservative take on FY20, essentially including only a solid but still modest relative to the opportunity GaN on Si ramp and modest recovery across the rest of the business, with earnings power still well below the 2017 peak of $2.32 per share." (4/12/2019)
  • 3. Needham & Company LLC analysts commented, "MTSI reported in-line F3Q18 results and provided solid F4Q18 guidance. Data center revenue was better than expected (including a $7MM license payment) and is well positioned for a C2H18 ramp with its new white box transceiver customer which will be licensing MTSI’s qualified transceiver designs as well as purchasing the company’s components. Telecom revenue was slightly below our expectations driven by a stall in China during the ZTE ban. The Ind&D business grew 10% Q/Q driven by share gains and new programs/program upgrades. MTSI expects all end-markets will contribute to sequential top-line growth in 2H18. We maintain our Buy rating and $34 PT on MTSI as C2H18 looks well positioned for a strong DC ramp." (8/1/2018)

Has MACOM Technology Solutions been receiving favorable news coverage?

Press coverage about MTSI stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. MACOM Technology Solutions earned a news impact score of 1.7 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the immediate future.

Who are some of MACOM Technology Solutions' key competitors?

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), Alibaba Group (BABA), Applied Optoelectronics (AAOI), Applied Materials (AMAT), Mallinckrodt (MNK), Square (SQ), Memorial Production Partners (MEMP), Micron Technology (MU), Adobe (ADBE) and Broadcom (AVGO).

Who are MACOM Technology Solutions' key executives?

MACOM Technology Solutions' management team includes the folowing people:
  • Mr. John Croteau, Pres, CEO & Director (Age 58)
  • Mr. Robert J. McMullan, Sr. VP & CFO (Age 64)
  • Mr. Robert Dennehy, Sr. VP of Operations (Age 45)
  • Mr. Preetinder S. Virk, Sr. VP & GM of Networks (Age 55)
  • Mr. Vivek Rajgarhia, Sr. VP & GM of Lightwave Networking Components (Age 51)

Who are MACOM Technology Solutions' major shareholders?

MACOM Technology Solutions' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Summit Creek Advisors LLC (0.27%), First Manhattan Co. (0.03%), Flagship Harbor Advisors LLC (0.02%) and FNY Investment Advisers LLC (0.01%). Company insiders that own MACOM Technology Solutions stock include Alex Behfar, Charles R Bland, Donghyun Thomas Hwang, Geoffrey G Ribar, John Croteau, John L Ocampo, Lunsen Gil J Van, Michael T Murphy, Preetinder S Virk, Robert Dennehy, Robert Mcmullan and Vivek Rajgarhia. View Institutional Ownership Trends for MACOM Technology Solutions.

Which institutional investors are selling MACOM Technology Solutions stock?

MTSI stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC. Company insiders that have sold MACOM Technology Solutions company stock in the last year include Alex Behfar, Charles R Bland, John Croteau, Preetinder S Virk, Robert Mcmullan and Vivek Rajgarhia. View Insider Buying and Selling for MACOM Technology Solutions.

Which institutional investors are buying MACOM Technology Solutions stock?

MTSI stock was bought by a variety of institutional investors in the last quarter, including First Manhattan Co., FNY Investment Advisers LLC and Flagship Harbor Advisors LLC. Company insiders that have bought MACOM Technology Solutions stock in the last two years include Donghyun Thomas Hwang, Geoffrey G Ribar, John L Ocampo and Robert Dennehy. View Insider Buying and Selling for MACOM Technology Solutions.

How do I buy shares of MACOM Technology Solutions?

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.

What is MACOM Technology Solutions' stock price today?

One share of MTSI stock can currently be purchased for approximately $16.27.

How big of a company is MACOM Technology Solutions?

MACOM Technology Solutions has a market capitalization of $1.06 billion and generates $570.40 million in revenue each year. The semiconductor company earns $-139,970,000.00 in net income (profit) each year or $0.14 on an earnings per share basis. MACOM Technology Solutions employs 1,400 workers across the globe.

What is MACOM Technology Solutions' official website?

The official website for MACOM Technology Solutions is http://www.macom.com.

How can I contact MACOM Technology Solutions?

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]


MarketBeat Community Rating for MACOM Technology Solutions (NASDAQ MTSI)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  450 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  760
MarketBeat's community ratings are surveys of what our community members think about MACOM Technology Solutions and other stocks. Vote "Outperform" if you believe MTSI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTSI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/22/2019 by MarketBeat.com Staff

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