Should I buy or sell MACOM Technology Solutions stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MACOM Technology Solutions in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MTSI shares. View MTSI analyst ratings or view top-rated stocks .

What is MACOM Technology Solutions' stock price target for 2024?

9 equities research analysts have issued 12 month price targets for MACOM Technology Solutions' shares. Their MTSI share price targets range from $85.00 to $120.00. On average, they anticipate the company's stock price to reach $99.67 in the next year. This suggests a possible upside of 8.6% from the stock's current price. View analysts price targets for MTSI or view top-rated stocks among Wall Street analysts .

How have MTSI shares performed in 2024?

MACOM Technology Solutions' stock was trading at $92.95 at the beginning of the year. Since then, MTSI shares have decreased by 1.3% and is now trading at $91.75. View the best growth stocks for 2024 here .

When is MACOM Technology Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our MTSI earnings forecast .

How can I listen to MACOM Technology Solutions' earnings call?

MACOM Technology Solutions will be holding an earnings conference call on Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link .

How were MACOM Technology Solutions' earnings last quarter?

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) announced its quarterly earnings data on Thursday, February, 1st. The semiconductor company reported $0.43 EPS for the quarter, hitting the consensus estimate of $0.43. The semiconductor company had revenue of $157.15 million for the quarter, compared to the consensus estimate of $151.12 million. MACOM Technology Solutions had a net margin of 11.93% and a trailing twelve-month return on equity of 14.85%.

What ETFs hold MACOM Technology Solutions' stock?

ETFs with the largest weight of MACOM Technology Solutions (NASDAQ:MTSI) stock in their portfolio include SPDR S&P Semiconductor ETF (XSD) , Invesco Semiconductors ETF (PSI) , iShares Future Cloud 5G and Tech ETF (IDAT) , Pacer US Export Leaders ETF (PEXL) , First Trust Nasdaq Semiconductor ETF (FTXL) , Defiance Next Gen Connectivity ETF (FIVG) , Syntax Stratified MidCap ETF (SMDY) and iShares Russell 2000 Growth ETF (IWO) .

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

MACOM Technology Solutions updated its second quarter 2024 earnings guidance on Thursday, February, 1st. The company provided earnings per share guidance of 0.560-0.620 for the period, compared to the consensus EPS estimate of 0.610. The company issued revenue guidance of $178.0 million-$184.0 million, compared to the consensus revenue estimate of $159.2 million.

What is Steve Daly's approval rating as MACOM Technology Solutions' CEO?

6 employees have rated MACOM Technology Solutions Chief Executive Officer Steve Daly on Glassdoor.com . Steve Daly has an approval rating of 80% among the company's employees.

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) , Block (SQ) , Advanced Micro Devices (AMD) , Marvell Technology (MRVL) , Cisco Systems (CSCO) , Alibaba Group (BABA) , Intel (INTC) , Editas Medicine (EDIT) , Cognex (CGNX) and QUALCOMM (QCOM) .

Who are MACOM Technology Solutions' major shareholders?

MACOM Technology Solutions' stock is owned by a number of retail and institutional investors. Top institutional investors include Silverberg Bernstein Capital Management LLC (0.11%), Bridge City Capital LLC (0.05%), State of Michigan Retirement System (0.02%), Fulton Bank N.A. (0.01%) and Riverview Trust Co (0.00%). Insiders that own company stock include Ambra R Roth , Charles R Bland , Donghyun Thomas Hwang , Douglas J Carlson, Douglas J Carlson , Geoffrey G Ribar , John Kober , John L Ocampo , Peter Y Chung , Robert Dennehy , Stephen G Daly, Stephen G Daly , Susan Ocampo and Wayne Mack Struble. View institutional ownership trends .

How do I buy shares of MACOM Technology Solutions?

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 .

NASDAQ:MTSI

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

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Free MTSI Stock Alerts

$92.86

-2.30 (-2.42%)

(As of 03:57 PM ET)

Compare

Today's Range: $91.09
▼
$94.83
50-Day Range: $83.61
▼
$102.78
52-Week Range: $48.53
▼
$104.90

Volume: 493,202 shs
Average Volume: 506,507 shs
Market Capitalization: $6.69 billion

P/E Ratio: 89.29
Dividend Yield: N/A
Price Target: $99.67

Get MACOM Technology Solutions alerts:

MACOM Technology Solutions MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.89 Rating Score
Upside/Downside: 8.6% Upside
$99.67 Price Target
Short Interest: Bearish
7.62% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.82
Based on 11 Articles This Week
Insider Trading: Selling Shares
$68.67 M Sold Last Quarter
Proj. Earnings Growth: 30.69%
From $2.02 to $2.64 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.32 out of 5 stars

Computer And Technology Sector

376th out of 582 stocks

Semiconductors & Related Devices Industry

57th out of 88 stocks

1.4

Analyst's Opinion

Consensus Rating
MACOM Technology Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
MACOM Technology Solutions has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
7.62% 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 8.5.
Change versus previous month
Short interest in MACOM Technology Solutions has recently increased by 15.16%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MTSI.

3.2

News and Social Media Coverage

News Sentiment
MACOM Technology Solutions has a news sentiment score of 0.82. 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 higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for MACOM Technology Solutions this week, compared to 4 articles on an average week.
Search Interest
2 people have searched for MTSI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

4.2

Company Ownership

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 $68,674,574.00 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for MACOM Technology Solutions are expected to grow by 30.69% in the coming year, from $2.02 to $2.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MACOM Technology Solutions is 88.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of MACOM Technology Solutions is 88.22, 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 238.97.
Price to Earnings Growth Ratio
MACOM Technology Solutions has a PEG Ratio of 6.11. 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 6.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About MACOM Technology Solutions Stock (NASDAQ:MTSI)

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.

MTSI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MTSI Stock News Headlines

March 21, 2024 | insidertrades.com

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) SVP Robert Dennehy Sells 2,370 Shares

April 19, 2024 | finance.yahoo.com

Analog Semiconductors Q4 Earnings: Himax (NASDAQ:HIMX) Simply the Best

April 19, 2024 | DTI (Ad)

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April 19, 2024 | americanbankingnews.com

MACOM Technology Solutions (NASDAQ:MTSI) Hits New 52-Week High at $104.90

April 18, 2024 | businesswire.com

MACOM to Report Second Quarter Fiscal Year 2024 Financial Results on May 2, 2024

April 17, 2024 | americanbankingnews.com

MACOM Technology Solutions (NASDAQ:MTSI) Receives New Coverage from Analysts at Evercore ISI

April 16, 2024 | msn.com

Evercore ISI Group Initiates Coverage of MACOM Technology Solutions Holdings (MTSI) with Outperform Recommendation

April 9, 2024 | americanbankingnews.com

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Receives Consensus Rating of "Moderate Buy" from Brokerages

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 1, 2024 | seekingalpha.com

MACOM Technology Solutions: Not Walking The Walk

March 29, 2024 | msn.com

Nationwide AI coalition formed: San Jose getting advice from White House

March 27, 2024 | finance.yahoo.com

MACOM Technology Solutions Holdings (NASDAQ:MTSI) lifts 4.3% this week, taking five-year gains to 449%

March 25, 2024 | finance.yahoo.com

MACOM to Demonstrate 100G/Lane Switch to Server Link with LPO Interface at OFC 2024

March 21, 2024 | finance.yahoo.com

MACOM to Showcase 200G per Lane Products at Optical Fiber Communication Conference and Exhibition (OFC)

March 17, 2024 | finance.yahoo.com

MACOM Technology Solutions Holdings, Inc. (MTSI)

March 16, 2024 | finance.yahoo.com

MTSI Apr 2024 90.000 call

March 14, 2024 | businesswire.com

MACOM to Showcase Capabilities at SATELLITE 2024

February 27, 2024 | benzinga.com

SUSAN OCAMPO Implements A Sell Strategy: Offloads $14.11M In MACOM Technology Solns Stock

February 25, 2024 | msn.com

MACOM Technology Solutions Holdings (MTSI) Price Target Increased by 5.07% to 97.36

February 9, 2024 | benzinga.com

SUSAN OCAMPO Takes Money Off The Table, Sells $37.92M In MACOM Technology Solns Stock

February 2, 2024 | markets.businessinsider.com

Bullish on MACOM: Navigating Short-Term Challenges with Long-Term Growth Prospects

February 2, 2024 | markets.businessinsider.com

The Analyst Landscape: 6 Takes On MACOM Technology Solns

February 2, 2024 | finance.yahoo.com

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Q1 2024 Earnings Call Transcript

February 2, 2024 | msn.com

MACOM Technology beats top and bottom line estimates

February 2, 2024 | markets.businessinsider.com

Buy Rating for MACOM Technology Solutions: Cyclical Recovery and Growth Opportunities

February 1, 2024 | markets.businessinsider.com

MACOM Technology Solutions Q1 Profit Tops Estimates

February 1, 2024 | finance.yahoo.com

MACOM Reports Fiscal First Quarter 2024 Financial Results

See More Headlines

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Company Calendar

Last Earnings: 2/01/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Semiconductors & related devices
Sub-Industry: Semiconductors
Current Symbol: NASDAQ:MTSI
CUSIP: 55405Y10
CIK: 1493594
Web: www.macom.com
Phone: (978) 656-2500
Fax: 978-656-2804
Employees: 1,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $99.67
High Stock Price Target: $120.00
Low Stock Price Target: $85.00
Potential Upside/Downside: +9.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.89
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.04
Trailing P/E Ratio: 87.86
Forward P/E Ratio: 45.23
P/E Growth: 6.11
Net Income: $91.58 million
Net Margins: 11.93%
Pretax Margin: 14.60%
Return on Equity: 14.85%
Return on Assets: 8.68%

Debt

Debt-to-Equity Ratio: 0.48
Current Ratio: 7.24
Quick Ratio: 5.69

Sales & Book Value

Annual Sales: $625.45 million
Price / Sales: 10.53
Cash Flow: $2.56 per share
Price / Cash Flow: 35.63
Book Value: $13.35 per share
Price / Book: 6.84

Miscellaneous

Outstanding Shares: 72,067,000
Free Float: 55,672,000
Market Cap: $6.58 billion
Optionable: Optionable
Beta: 1.64

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Key Executives

Mr. Stephen G. Daly (Age 58)
President, CEO & Chairman
Comp: $836.76k
Mr. John F. Kober III (Age 54)
CFO & Senior VP
Comp: $568.76k
Mr. Robert Dennehy (Age 50)
Senior Vice President of Operations
Comp: $458.45k
Ms. Ambra R. Roth (Age 42)
Senior VP, General Counsel & Secretary
Comp: $458.45k
Mr. Donghyun Hwang (Age 60)
Senior Vice President of Global Sales
Comp: $458.45k
Mr. Stephen Ferranti
Vice President of Strategic Initiatives & Investor Relations
Mr. Wayne Struble (Age 63)
Senior Vice President of Advanced Semiconductor Technology
Mr. Conor Noel Hegarty (Age 56)
Vice President of Finance & Business Operations
Comp: $348.58k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MTSI Stock Analysis - Frequently Asked Questions

Should I buy or sell MACOM Technology Solutions stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MACOM Technology Solutions in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MTSI shares.
View MTSI analyst ratings or view top-rated stocks.
What is MACOM Technology Solutions' stock price target for 2024?: 9 equities research analysts have issued 12 month price targets for MACOM Technology Solutions' shares. Their MTSI share price targets range from $85.00 to $120.00. On average, they anticipate the company's stock price to reach $99.67 in the next year. This suggests a possible upside of 8.6% from the stock's current price.
View analysts price targets for MTSI or view top-rated stocks among Wall Street analysts.
How have MTSI shares performed in 2024?: MACOM Technology Solutions' stock was trading at $92.95 at the beginning of the year. Since then, MTSI shares have decreased by 1.3% and is now trading at $91.75.
View the best growth stocks for 2024 here.
When is MACOM Technology Solutions' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our MTSI earnings forecast.
How can I listen to MACOM Technology Solutions' earnings call?: MACOM Technology Solutions will be holding an earnings conference call on Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.
How were MACOM Technology Solutions' earnings last quarter?: MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) announced its quarterly earnings data on Thursday, February, 1st. The semiconductor company reported $0.43 EPS for the quarter, hitting the consensus estimate of $0.43. The semiconductor company had revenue of $157.15 million for the quarter, compared to the consensus estimate of $151.12 million. MACOM Technology Solutions had a net margin of 11.93% and a trailing twelve-month return on equity of 14.85%.

What ETFs hold MACOM Technology Solutions' stock?: ETFs with the largest weight of MACOM Technology Solutions (NASDAQ:MTSI) stock in their portfolio include SPDR S&P Semiconductor ETF (XSD), Invesco Semiconductors ETF (PSI), iShares Future Cloud 5G and Tech ETF (IDAT), Pacer US Export Leaders ETF (PEXL), First Trust Nasdaq Semiconductor ETF (FTXL), Defiance Next Gen Connectivity ETF (FIVG), Syntax Stratified MidCap ETF (SMDY) and iShares Russell 2000 Growth ETF (IWO).
What guidance has MACOM Technology Solutions issued on next quarter's earnings?: MACOM Technology Solutions updated its second quarter 2024 earnings guidance on Thursday, February, 1st. The company provided earnings per share guidance of 0.560-0.620 for the period, compared to the consensus EPS estimate of 0.610. The company issued revenue guidance of $178.0 million-$184.0 million, compared to the consensus revenue estimate of $159.2 million.
What is Steve Daly's approval rating as MACOM Technology Solutions' CEO?: 6 employees have rated MACOM Technology Solutions Chief Executive Officer Steve Daly on Glassdoor.com. Steve Daly has an approval rating of 80% among the company's employees.
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), Block (SQ), Advanced Micro Devices (AMD), Marvell Technology (MRVL), Cisco Systems (CSCO), Alibaba Group (BABA), Intel (INTC), Editas Medicine (EDIT), Cognex (CGNX) and QUALCOMM (QCOM).
Who are MACOM Technology Solutions' major shareholders?: MACOM Technology Solutions' stock is owned by a number of retail and institutional investors. Top institutional investors include Silverberg Bernstein Capital Management LLC (0.11%), Bridge City Capital LLC (0.05%), State of Michigan Retirement System (0.02%), Fulton Bank N.A. (0.01%) and Riverview Trust Co (0.00%). Insiders that own company stock include Ambra R Roth, Charles R Bland, Donghyun Thomas Hwang, Douglas J Carlson, Douglas J Carlson, Geoffrey G Ribar, John Kober, John L Ocampo, Peter Y Chung, Robert Dennehy, Stephen G Daly, Stephen G Daly, Susan Ocampo and Wayne Mack Struble.
View institutional ownership trends.
How do I buy shares of MACOM Technology Solutions?: 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.

This page (NASDAQ:MTSI) was last updated on 4/19/2024 by MarketBeat.com Staff

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

MACOM Technology Solutions MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About MACOM Technology Solutions Stock (NASDAQ:MTSI)

MTSI Stock Price History

MTSI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MTSI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™