For its fourth fiscal quarter (ending September 30), MACOM Technology Solutions Holdi (NASDAQ: MTSI) has reported a -90% decline in E.P.S. from $3.42 a year ago to $0.34 in the current quarter. Relative to the consensus estimate of $0.55, this was a shortfall of $-0.21. E.P.S. were $1.29 for the latest four quarters through September 30 versus $6.30 for the same period a year ago — a decline of -80%.
Recent Price Action
MACOM Technology Solutions Holdi (NASDAQ: MTSI) stock closed at $72.41 on 11/9/23 after a modest decline of -0.8%. The stock has risen 2.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MTSI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
MACOM Technology Solutions Holdi has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. MACOM Technology Solutions Holdi has a very low Appreciation Score of 14 but a very high Power Rating of 85, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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