On 9/3/24, MACOM Technology Solutions Holdi (NASDAQ: MTSI) stock suffered a major decline of -10.3%, closing at $97.97. However, trading volume in this decline was below average at 80% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -8.4% 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). 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 85, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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