MACOM Technology Solutions (NASDAQ:MTSI) Issues Q1 Earnings Guidance

MACOM Technology Solutions (NASDAQ:MTSI) updated its first quarter earnings guidance on Thursday. The company provided EPS guidance of $0.75-0.81 for the period, compared to the consensus EPS estimate of $0.75. The company issued revenue guidance of $212-218 million, compared to the consensus revenue estimate of $204.54 million. MACOM Technology Solutions also updated its Q1 2025 guidance to 0.750-0.810 EPS.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Benchmark reiterated a “buy” rating and issued a $120.00 target price on shares of MACOM Technology Solutions in a research note on Thursday, September 12th. Barclays upped their price objective on shares of MACOM Technology Solutions from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. JPMorgan Chase & Co. raised their target price on MACOM Technology Solutions from $105.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, August 2nd. Needham & Company LLC upped their price target on MACOM Technology Solutions from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Finally, Stifel Nicolaus increased their price target on MACOM Technology Solutions from $115.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $120.00.

MACOM Technology Solutions Stock Performance

Shares of NASDAQ:MTSI opened at $121.92 on Thursday. The company has a debt-to-equity ratio of 0.45, a current ratio of 8.18 and a quick ratio of 6.33. MACOM Technology Solutions has a 1 year low of $72.15 and a 1 year high of $122.68. The firm has a market capitalization of $8.80 billion, a PE ratio of 124.41, a P/E/G ratio of 4.33 and a beta of 1.69. The business’s 50 day moving average price is $109.42 and its 200-day moving average price is $106.05.

Insider Transactions at MACOM Technology Solutions

In other MACOM Technology Solutions news, CEO Stephen G. Daly sold 7,122 shares of the stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $112.53, for a total value of $801,438.66. Following the completion of the sale, the chief executive officer now owns 55,826 shares in the company, valued at approximately $6,282,099.78. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Susan Ocampo sold 305,395 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $106.48, for a total transaction of $32,518,459.60. Following the transaction, the director now owns 6,550,889 shares of the company’s stock, valued at approximately $697,538,660.72. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Stephen G. Daly sold 7,122 shares of the firm’s stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $112.53, for a total transaction of $801,438.66. Following the sale, the chief executive officer now owns 55,826 shares of the company’s stock, valued at approximately $6,282,099.78. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 669,396 shares of company stock valued at $71,106,808 over the last 90 days. 22.75% of the stock is currently owned by corporate insiders.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.