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NASDAQ:MTSI

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

MACOM Technology Solutions logo
$134.50 +3.17 (+2.41%)
(As of 11/22/2024 ET)

About MACOM Technology Solutions Stock (NASDAQ:MTSI)

Key Stats

Today's Range
$132.00
$134.70
50-Day Range
$100.01
$139.14
52-Week Range
$79.25
$140.27
Volume
683,744 shs
Average Volume
573,688 shs
Market Capitalization
$9.74 billion
P/E Ratio
130.58
Dividend Yield
N/A
Price Target
$125.91
Consensus Rating
Moderate Buy

Company Overview

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.

MACOM Technology Solutions Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
44th Percentile Overall Score

MTSI MarketRank™: 

MACOM Technology Solutions scored higher than 44% of companies evaluated by MarketBeat, and ranked 361st out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MACOM Technology Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    MACOM Technology Solutions has only been the subject of 4 research reports in the past 90 days.

  • Read more about MACOM Technology Solutions' stock forecast and price target.
  • Earnings Growth

    Earnings for MACOM Technology Solutions are expected to grow by 13.70% in the coming year, from $2.70 to $3.07 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MACOM Technology Solutions is 130.58, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.81.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MACOM Technology Solutions is 130.58, 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 249.93.

  • Price to Earnings Growth Ratio

    MACOM Technology Solutions has a PEG Ratio of 2.20. 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 8.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about MACOM Technology Solutions' valuation and earnings.
  • Percentage of Shares Shorted

    5.97% 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 7.2.
  • Change versus previous month

    Short interest in MACOM Technology Solutions has recently decreased by 4.09%, indicating that investor sentiment is improving.
  • 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.

  • Percentage of Shares Shorted

    5.97% 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 7.2.
  • Change versus previous month

    Short interest in MACOM Technology Solutions has recently decreased by 4.09%, indicating that investor sentiment is improving.
  • News Sentiment

    MACOM Technology Solutions has a news sentiment score of 0.49. 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 0.63 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 5 articles on an average week.
  • Search Interest

    5 people have searched for MTSI on MarketBeat in the last 30 days.
  • MarketBeat Follows

    7 people have added MACOM Technology Solutions to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days.
  • 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 $37,588,031.00 in company stock.

  • Percentage Held by Insiders

    22.75% 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.

  • Read more about MACOM Technology Solutions' insider trading history.
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MTSI Stock News Headlines

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MTSI Stock Analysis - Frequently Asked Questions

MACOM Technology Solutions' stock was trading at $92.95 at the start of the year. Since then, MTSI shares have increased by 44.7% and is now trading at $134.50.
View the best growth stocks for 2024 here
.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) released its quarterly earnings data on Thursday, August, 1st. The semiconductor company reported $0.66 earnings per share for the quarter, hitting analysts' consensus estimates of $0.66. The business's revenue for the quarter was up 5.0% compared to the same quarter last year.

Top institutional investors of MACOM Technology Solutions include Point72 Asset Management L.P. (3.53%), Westfield Capital Management Co. LP (1.68%), Geode Capital Management LLC (1.40%) and The Manufacturers Life Insurance Company (1.03%). Insiders that own company stock include John L Ocampo, Susan Ocampo, Stephen G Daly, John Kober, Peter Y Chung, Donghyun Thomas Hwang, Robert Dennehy, Charles R Bland, Geoffrey G Ribar, Wayne Mack Struble, Ambra R Roth and Douglas J Carlson.
View institutional ownership trends
.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that MACOM Technology Solutions investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and QUALCOMM (QCOM).

Company Calendar

Last Earnings
8/01/2024
Today
11/23/2024
Next Earnings (Estimated)
2/06/2025
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:MTSI
CUSIP
55405Y10
Employees
1,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$125.91
High Stock Price Target
$160.00
Low Stock Price Target
$105.00
Potential Upside/Downside
-6.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$76.86 million
Pretax Margin
12.55%

Debt

Sales & Book Value

Annual Sales
$729.58 million
Cash Flow
$2.96 per share
Book Value
$15.56 per share

Miscellaneous

Free Float
55,929,000
Market Cap
$9.74 billion
Optionable
Optionable
Beta
1.69

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This page (NASDAQ:MTSI) was last updated on 11/23/2024 by MarketBeat.com Staff
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