In the past week, MTSI stock has gone down by -5.24%, with a monthly decline of -1.07% and a quarterly surge of 3.24%. The volatility ratio for the week is 4.11%, and the volatility levels for the last 30 days are 3.55% for MACOM Technology Solutions Holdings Inc The simple moving average for the past 20 days is -5.34% for MTSI’s stock, with a 12.62% simple moving average for the past 200 days.
Is It Worth Investing in MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) Right Now?
MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) has a higher price-to-earnings ratio of 89.62x compared to its average ratio. MTSI has 36-month beta value of 1.66. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 1 as “sell.”
The public float for MTSI is 56.80M, and currently, short sellers hold a 7.62% ratio of that float. The average trading volume of MTSI on April 19, 2024 was 534.98K shares.
MTSI) stock’s latest price update
The stock of MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) has decreased by -2.02 when compared to last closing price of 95.16.Despite this, the company has seen a loss of -5.24% in its stock price over the last five trading days. Zacks Investment Research reported 2024-02-08 that The Analog/Mixed Signal Semiconductor industry is a mixed bag this year with much dependent on the economy, the macro situation and geopolitical issues. Long-term prospects remain solid.
Analysts’ Opinion of MTSI
Many brokerage firms have already submitted their reports for MTSI stocks, with Evercore ISI repeating the rating for MTSI by listing it as a “Outperform.” The predicted price for MTSI in the upcoming period, according to Evercore ISI is $120 based on the research report published on April 16, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see MTSI reach a price target of $85. The rating they have provided for MTSI stocks is “Neutral” according to the report published on January 04th, 2024.
BofA Securities gave a rating of “Buy” to MTSI, setting the target price at $105 in the report published on December 15th of the previous year.
MTSI Trading at 0.66% from the 50-Day Moving Average
After a stumble in the market that brought MTSI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.12% of loss for the given period.
Volatility was left at 3.55%, however, over the last 30 days, the volatility rate increased by 4.11%, as shares sank -5.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.69% upper at present.
During the last 5 trading sessions, MTSI fell by -5.80%, which changed the moving average for the period of 200-days by +46.81% in comparison to the 20-day moving average, which settled at $98.22. In addition, MACOM Technology Solutions Holdings Inc saw 0.31% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MTSI starting from Dennehy Robert, who sale 2,370 shares at the price of $88.88 back on Mar 15 ’24. After this action, Dennehy Robert now owns 32,827 shares of MACOM Technology Solutions Holdings Inc, valued at $210,646 using the latest closing price.
Hwang Donghyun Thomas, the SVP, Global Sales of MACOM Technology Solutions Holdings Inc, sale 9,397 shares at $92.24 during a trade that took place back on Mar 11 ’24, which means that Hwang Donghyun Thomas is holding 48,325 shares at $866,823 based on the most recent closing price.
Stock Fundamentals for MTSI
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.58 for the gross margin
The net margin for MACOM Technology Solutions Holdings Inc stands at 0.12. The total capital return value is set at 0.05. Equity return is now at value 7.91, with 4.61 for asset returns.
Based on MACOM Technology Solutions Holdings Inc (MTSI), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is 8.76.
Currently, EBITDA for the company is 159.55 million with net debt to EBITDA at 2.28. When we switch over and look at the enterprise to sales, we see a ratio of 11.23. The receivables turnover for the company is 6.19for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.24.
Conclusion
To put it simply, MACOM Technology Solutions Holdings Inc (MTSI) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
