While MACOM Technology Solutions Holdings Inc has underperformed by -2.83%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MTSI rose by 40.60%, with highs and lows ranging from $101.76 to $48.53, whereas the simple moving average jumped by 22.06% in the last 200 days.
On January 04, 2024, Piper Sandler Downgraded MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) to Neutral. A report published by BofA Securities on December 15, 2023, Upgraded its rating to ‘Buy’ for MTSI. Craig Hallum also Upgraded MTSI shares as ‘Buy’, setting a target price of $110 on the company’s shares in a report dated September 06, 2023. BofA Securities July 18, 2023d its ‘Buy’ rating to ‘Neutral’ for MTSI, as published in its report on July 18, 2023. TD Cowen’s report from May 05, 2023 suggests a price prediction of $65 for MTSI shares, giving the stock a ‘Outperform’ rating. Exane BNP Paribas also rated the stock as ‘Neutral’.
Analysis of MACOM Technology Solutions Holdings Inc (MTSI)
Further, the quarter-over-quarter decrease in sales is -12.75%, showing a negative trend in the upcoming months.
In order to gain a clear picture of MACOM Technology Solutions Holdings Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 7.91% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 5.69, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 504.11K can be a very valuable indicator of volatility for MTSI stock. On a monthly basis, the volatility of the stock is set at 3.43%, whereas on a weekly basis, it is put at 4.20%, with a gain of 3.16% over the past seven days. Furthermore, long-term investors anticipate a median target price of $94.55, showing decline from the present price of $98.56, which can serve as yet another indication of whether MTSI is worth investing in or should be passed over.
How Do You Analyze MACOM Technology Solutions Holdings Inc Shares?
The USA based company MACOM Technology Solutions Holdings Inc (MTSI) is one of the biggest names in Semiconductors. When comparing MACOM Technology Solutions Holdings Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 94.73, there is a growth in quarterly earnings of -58.10%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 21.19%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 80.63% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
MTSI shares are owned by institutional investors to the tune of 80.63% at present.
