Alert: New Earnings Report (8/1/24)-MACOM Technology Solutions Holdi (NASDAQ: MTSI).

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For its third fiscal quarter (ending June 30), MACOM Technology Solutions Holdi (NASDAQ: MTSI) has reported E.P.S. of $0.28 compared to $0.17 a year ago. For the latest four quarters through June 30, E.P.S. were $1.00 compared to $4.37 a year ago.

Recent Price Action

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MACOM Technology Solutions Holdi (NASDAQ: MTSI) stock declined modestly by -1.3% on 8/1/24. The stock closed at $99.65. Moreover, this decline was accompanied by unusually high trading volume at 190% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -1.9% during the last week.

Current PriceTarget Research Rating

MTSI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

MACOM Technology Solutions Holdi has a current Value Trend Rating of C (Low 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 11 but a good Power Rating of 82, producing the Low 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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