On Tuesday, MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) was -10.31% drop from the session before settling in for the closing price of $109.23. A 52-week range for MTSI has been $68.58 – $118.76.
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During the last 5-year period, the sales growth of Technology Sector giant was 3.09%. When this article was written, the company’s average yearly earnings per share was at -5.09%. With a float of $58.74 million, this company’s outstanding shares have now reached $70.99 million.
Let’s determine the extent of company efficiency that accounts for 1500 employees. In terms of profitability, gross margin is 52.96%, operating margin of 9.13%, and the pretax margin is 11.48%.
MACOM Technology Solutions Holdings Inc (MTSI) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward MACOM Technology Solutions Holdings Inc stocks. The insider ownership of MACOM Technology Solutions Holdings Inc is 18.64%, while institutional ownership is 85.39%. The most recent insider transaction that took place on Sep 03 ’24, was worth 457,500. Before that another transaction happened on Aug 29 ’24, when Company’s Director sold 152,719 for $109.54, making the entire transaction worth $16,728,989. This insider now owns 6,072,027 shares in total.
MACOM Technology Solutions Holdings Inc (MTSI) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.56 earnings per share (EPS) during the time that was better than consensus figure (set at 0.56) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.75 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.09% per share during the next fiscal year.
MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) Trading Performance Indicators
You can see what MACOM Technology Solutions Holdings Inc (MTSI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 6.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.41. Likewise, its price to free cash flow for the trailing twelve months is 55.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.99, a number that is poised to hit 0.73 in the next quarter and is forecasted to reach 3.32 in one year’s time.
Technical Analysis of MACOM Technology Solutions Holdings Inc (MTSI)
Looking closely at MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI), its last 5-days average volume was 0.61 million, which is a jump from its year-to-date volume of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 52.96%. Additionally, its Average True Range was 4.35.
During the past 100 days, MACOM Technology Solutions Holdings Inc’s (MTSI) raw stochastic average was set at 27.68%, which indicates a significant increase from 0.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.28% in the past 14 days, which was higher than the 38.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $105.84, while its 200-day Moving Average is $96.45. However, in the short run, MACOM Technology Solutions Holdings Inc’s stock first resistance to watch stands at $104.07. Second resistance stands at $110.16. The third major resistance level sits at $113.26. If the price goes on to break the first support level at $94.87, it is likely to go to the next support level at $91.77. Should the price break the second support level, the third support level stands at $85.68.
MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) Key Stats
There are 72,107K outstanding shares of the company, which has a market capitalization of 7.07 billion. As of now, sales total 648,410 K while income totals 91,580 K. Its latest quarter income was 190,490 K while its last quarter net income were 19,940 K.
