MACOM Technology Solutions Holdi (NASDAQ: MTSI) has reported E.P.S. of $0.21 for its second fiscal quarter (ending March 31) versus $0.36 for the same period a year ago — a decline of -42%. Relative to the consensus estimate of $0.79, this was a shortfall of $-0.58. For the latest four quarters through March 31, E.P.S. were $0.89 compared to $4.66 a year ago — a decline of -81%.
Recent Price Action
MACOM Technology Solutions Holdi (NASDAQ: MTSI) stock closed at $98.98 on 5/2/24 after a slight decline of -0.1%. Moreover, exceptionally high trading volume at 212% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -1.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, MTSI is expected to continue to be a major Value Builder.
MACOM Technology Solutions Holdi has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. MACOM Technology Solutions Holdi has a very low Appreciation Score of 10 but a good Power Rating of 72, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment