Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, MACOM Technology Solutions Holdings Inc’s stock clocked out at $95.16, down -1.28% from its previous closing price of $96.39. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 0.5 million shares were traded. MTSI stock price reached its highest trading level at $96.445 during the session, while it also had its lowest trading level at $94.22.
Ratios:
To gain a deeper understanding of MTSI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.29. For the most recent quarter (mrq), Quick Ratio is recorded 5.69 and its Current Ratio is at 7.24. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.48.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when Dennehy Robert sold 2,370 shares for $88.88 per share. The transaction valued at 210,646 led to the insider holds 32,827 shares of the business.
Hwang Donghyun Thomas sold 9,397 shares of MTSI for $866,823 on Mar 11 ’24. The SVP, Global Sales now owns 48,325 shares after completing the transaction at $92.24 per share. On Feb 29 ’24, another insider, OCAMPO SUSAN, who serves as the Director of the company, sold 34,186 shares for $88.00 each. As a result, the insider received 3,008,368 and left with 6,886,661 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 6857905664 and an Enterprise Value of 6883947008. As of this moment, MACOM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 91.46, and their Forward P/E ratio for the next fiscal year is 28.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.97 while its Price-to-Book (P/B) ratio in mrq is 6.70. Its current Enterprise Value per Revenue stands at 11.006 whereas that against EBITDA is 46.491.
Stock Price History:
Over the past 52 weeks, MTSI has reached a high of $104.90, while it has fallen to a 52-week low of $48.53. The 50-Day Moving Average of the stock is 3.07%, while the 200-Day Moving Average is calculated to be 15.15%.
Shares Statistics:
It appears that MTSI traded 533.09K shares on average per day over the past three months and 491510 shares per day over the past ten days. A total of 70.99M shares are outstanding, with a floating share count of 56.80M. Insiders hold about 21.19% of the company’s shares, while institutions hold 80.60% stake in the company. Shares short for MTSI as of 1711584000 were 4325876 with a Short Ratio of 8.11, compared to 1709164800 on 3591536. Therefore, it implies a Short% of Shares Outstanding of 4325876 and a Short% of Float of 7.7700000000000005.
Earnings Estimates
The dynamic stock of MACOM Technology Solutions Holdings Inc (MTSI) is currently attracting attention from Motorola Solutions, Inc. analysts actively involved in rating its market status.The consensus estimate for the next quarter is $95.16, with high estimates of $112.09 and low estimates of $13.25.
Analysts are recommending an EPS of between $Technology and $Industrials for the fiscal current year, implying an average EPS of $Technology.
