MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) on Friday, soared 4.03% from the previous trading day, before settling in for the closing price of $116.98. Within the past 52 weeks, MTSI’s price has moved between $68.58 and $118.76.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 6.96%. The company achieved an average annual earnings per share of -5.00%. With a float of $59.01 million, this company’s outstanding shares have now reached $70.99 million.
The extent of productivity of a business whose workforce counts for 1500 workers is very important to gauge. 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 Updates
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of MACOM Technology Solutions Holdings Inc is 18.26%, while institutional ownership is 85.80%. The most recent insider transaction that took place on Sep 17 ’24, was worth 701,059. In this transaction SVP, Operations of this company sold 6,915 shares at a rate of $101.38, taking the stock ownership to the 19,481 shares. Before that another transaction happened on Sep 03 ’24, when Company’s SVP, Global Sales sold 4,375 for $104.57, making the entire transaction worth $457,503. This insider now owns 37,148 shares in total.
MACOM Technology Solutions Holdings Inc (MTSI) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.56 earnings per share (EPS) for the period topping the consensus outlook (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 -5.00% per share during the next fiscal year.
MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) Trading Performance Indicators
MACOM Technology Solutions Holdings Inc (MTSI) is currently performing well based on its current performance indicators. A quick ratio of 6.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.93. Likewise, its price to free cash flow for the trailing twelve months is 68.85.
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 3.33 in one year’s time.
Technical Analysis of MACOM Technology Solutions Holdings Inc (MTSI)
The latest stats from [MACOM Technology Solutions Holdings Inc, MTSI] show that its last 5-days average volume of 0.49 million was inferior to 0.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 78.48%. Additionally, its Average True Range was 3.42.
During the past 100 days, MACOM Technology Solutions Holdings Inc’s (MTSI) raw stochastic average was set at 99.50%, which indicates a significant increase from 98.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.53% in the past 14 days, which was lower than the 40.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $107.60, while its 200-day Moving Average is $100.43. Now, the first resistance to watch is $123.42. This is followed by the second major resistance level at $125.15. The third major resistance level sits at $128.43. If the price goes on to break the first support level at $118.41, it is likely to go to the next support level at $115.13. Assuming the price breaks the second support level, the third support level stands at $113.40.
MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) Key Stats
Market capitalization of the company is 8.79 billion based on 72,107K outstanding shares. Right now, sales total 648,410 K and income totals 91,580 K. The company made 190,490 K in profit during its latest quarter, and 19,940 K in sales during its previous quarter.
