1 week Ago By ABMN Staff
Shares of MACOM Technology Solutions Holdings, Inc. ( NASDAQ:MTSI – Get Free Report ) have been assigned a consensus recommendation of “Moderate Buy” from the ten analysts that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company.
The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $117.00. Several analysts recently weighed in on the company.
Needham & Company LLC increased their target price on MACOM Technology Solutions from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 2nd.
JPMorgan Chase & Co. boosted their target price on shares of MACOM Technology Solutions from $105.00 to $110.
00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Jefferies Financial Group reiterated a “buy” rating and set a $135.00 target price (up from $100.
00) on shares of MACOM Technology Solutions in a research note on Monday, May 13th. Stifel Nicolaus boosted their price objective on shares of MACOM Technology Solutions from $115.00 to $135.
00 and gave the stock a “buy” rating in a report on Thursday, July 18th. Finally, Barclays upped their price objective on shares of MACOM Technology Solutions from $115.00 to $120.
00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Get Our Latest Stock Report on MACOM Technology Solutions Insider Transactions at MACOM Technology Solutions Hedge Funds Weigh In On MACOM Technology Solutions Several institutional investors have recently modified their holdings of MTSI. Vanguard Group Inc.
raised its stake in shares of MACOM Technology Solutions by 8.1% in the 1st quarter. Vanguard Group Inc.
now owns 6,194,008 shares of the semiconductor company’s stock valued at $592,395,000 after purchasing an additional 465,759 shares during the period. Norges Bank acquired a new stake in MACOM Technology Solutions in the 4th quarter valued at approximately $44,250,000. G2 Investment Partners Management LLC bought a new stake in MACOM Technology Solutions in the 4th quarter valued at approximately $2,198,000.
Price T Rowe Associates Inc. MD boosted its position in MACOM Technology Solutions by 1,533.0% during the 4th quarter.
Price T Rowe Associates Inc. MD now owns 1,234,684 shares of the semiconductor company’s stock worth $114,765,000 after acquiring an additional 1,159,076 shares during the last quarter. Finally, Sei Investments Co.
grew its stake in shares of MACOM Technology Solutions by 14.4% during the 1st quarter. Sei Investments Co.
now owns 297,615 shares of the semiconductor company’s stock worth $28,464,000 after acquiring an additional 37,407 shares in the last quarter. Institutional investors own 76.14% of the company’s stock.
MACOM Technology Solutions Stock Down 3.4 % Shares of MACOM Technology Solutions stock opened at $95.67 on Friday.
MACOM Technology Solutions has a 12-month low of $68.58 and a 12-month high of $118.76.
The stock has a market capitalization of $6.90 billion, a P/E ratio of 108.72, a PEG ratio of 5.
58 and a beta of 1.70. The company has a quick ratio of 6.
33, a current ratio of 8.18 and a debt-to-equity ratio of 0.45.
The stock has a 50 day moving average price of $105.32 and a two-hundred day moving average price of $101.36.
MACOM Technology Solutions ( NASDAQ:MTSI – Get Free Report ) last posted its earnings results on Thursday, August 1st. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.
66. MACOM Technology Solutions had a net margin of 10.59% and a return on equity of 12.
59%. The business had revenue of $190.50 million for the quarter, compared to analyst estimates of $190.
42 million. During the same period last year, the business posted $0.42 EPS.
MACOM Technology Solutions’s revenue was up 5.0% compared to the same quarter last year. Equities analysts expect that MACOM Technology Solutions will post 1.
89 earnings per share for the current year. MACOM Technology Solutions Company Profile ( Get Free Report 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. Read More Receive News & Ratings for MACOM Technology Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MACOM Technology Solutions and related companies with MarketBeat.
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