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The closing price of MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) was $105.48 for the day, up 0.91% from the previous closing price of $104.53. In other words, the price has increased by $0.91 from its previous closing price. On the day, 0.57 million shares were traded. MTSI stock price reached its highest trading level at $108.55 during the session, while it also had its lowest trading level at $103.28.
Ratios:
Our analysis of MTSI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.68. For the most recent quarter (mrq), Quick Ratio is recorded 6.33 and its Current Ratio is at 8.18. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Evercore ISI on April 16, 2024, initiated with a Outperform rating and assigned the stock a target price of $120.
On January 04, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight but kept the price unchanged to $85.
BofA Securities Upgraded its Neutral to Buy on December 15, 2023, whereas the target price for the stock was revised from $90 to $105.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 21 ’24 when OCAMPO SUSAN sold 56,500 shares for $107.01 per share. The transaction valued at 6,046,065 led to the insider holds 6,245,756 shares of the business.
OCAMPO SUSAN sold 51,010 shares of MTSI for $5,459,090 on Aug 23 ’24. The Director now owns 6,194,746 shares after completing the transaction at $107.02 per share. On Aug 21 ’24, another insider, Dennehy Robert, who serves as the SVP, Operations of the company, sold 6,683 shares for $106.78 each. As a result, the insider received 713,594 and left with 26,396 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTSI now has a Market Capitalization of 7614728192 and an Enterprise Value of 7582392832. As of this moment, MACOM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 106.89, and their Forward P/E ratio for the next fiscal year is 31.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.21 while its Price-to-Book (P/B) ratio in mrq is 7.04. Its current Enterprise Value per Revenue stands at 11.163 whereas that against EBITDA is 56.642.
Stock Price History:
Over the past 52 weeks, MTSI has reached a high of $118.76, while it has fallen to a 52-week low of $68.58. The 50-Day Moving Average of the stock is -0.40%, while the 200-Day Moving Average is calculated to be 10.01%.
Shares Statistics:
MTSI traded an average of 680.32K shares per day over the past three months and 385280 shares per day over the past ten days. A total of 70.99M shares are outstanding, with a floating share count of 58.62M. Insiders hold about 18.80% of the company’s shares, while institutions hold 85.40% stake in the company. Shares short for MTSI as of 1723680000 were 3490764 with a Short Ratio of 5.13, compared to 1721001600 on 4097204. Therefore, it implies a Short% of Shares Outstanding of 3490764 and a Short% of Float of 6.260000000000001.
