On Monday, MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) opened higher 3.07% from the last session, before settling in for the closing price of $132.82. Price fluctuations for MTSI have ranged from $79.25 to $140.27 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 8.07%. Company’s average yearly earnings per share was noted 34.01% at the time writing. With a float of $60.16 million, this company’s outstanding shares have now reached $72.20 million.
Let’s determine the extent of company efficiency that accounts for 1700 employees. In terms of profitability, gross margin is 52.49%, operating margin of 10.14%, and the pretax margin is 12.55%.
MACOM Technology Solutions Holdings Inc (MTSI) Insider Activity
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of MACOM Technology Solutions Holdings Inc is 16.91%, while institutional ownership is 86.72%. The most recent insider transaction that took place on Nov 25 ’24, was worth 414,060. In this transaction Director of this company sold 3,000 shares at a rate of $138.02, taking the stock ownership to the 8,640 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Director sold 187,562 for $134.34, making the entire transaction worth $25,198,004. This insider now owns 6,313,193 shares in total.
MACOM Technology Solutions Holdings Inc (MTSI) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.58 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.57) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.81 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 34.01% per share during the next fiscal year.
MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) Trading Performance Indicators
Check out the current performance indicators for MACOM Technology Solutions Holdings Inc (MTSI). In the past quarter, the stock posted a quick ratio of 6.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.59. Likewise, its price to free cash flow for the trailing twelve months is 70.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.04, a number that is poised to hit 0.78 in the next quarter and is forecasted to reach 4.01 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 0.5 million, which is a drop from its year-to-date volume of 0.57 million. As of the previous 9 days, the stock’s Stochastic %D was 73.70%. Additionally, its Average True Range was 4.46.
During the past 100 days, MACOM Technology Solutions Holdings Inc’s (MTSI) raw stochastic average was set at 93.29%, which indicates a significant increase from 90.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.94% in the past 14 days, which was lower than the 47.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $119.52, while its 200-day Moving Average is $105.53. However, in the short run, MACOM Technology Solutions Holdings Inc’s stock first resistance to watch stands at $139.40. Second resistance stands at $141.91. The third major resistance level sits at $145.11. If the price goes on to break the first support level at $133.70, it is likely to go to the next support level at $130.50. Should the price break the second support level, the third support level stands at $127.99.
MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) Key Stats
There are currently 72,400K shares outstanding in the company with a market cap of 9.91 billion. Presently, the company’s annual sales total 729,580 K according to its annual income of 76,860 K. Last quarter, the company’s sales amounted to 200,710 K and its income totaled 29,410 K.
