MACOM Technology Solutions Holdi (NASDAQ: MTSI) has reported E.P.S. of $0.41 for its fourth fiscal quarter (ending September 30) versus $0.34 for the same period a year ago — an increase of 21%. For the latest four quarters through September 30, E.P.S. were $1.07 versus $1.29 for the same period a year ago — a decline of -17%.
Recent Price Action
MACOM Technology Solutions Holdi (NASDAQ: MTSI) stock closed at $139.14 on 11/7/24 after a major increase of 14.1%. Moreover, exceptionally high trading volume at 301% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 18.1% 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 80, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment