MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) – Analysts at Jefferies Group issued their Q2 2018 earnings per share estimates for MACOM Technology Solutions in a report issued on Wednesday. Jefferies Group analyst M. Lipacis forecasts that the semiconductor company will earn $0.00 per share for the quarter. Jefferies Group currently has a “Buy” rating and a $61.00 target price on the stock. Jefferies Group also issued estimates for MACOM Technology Solutions’ Q3 2018 earnings at ($0.01) EPS, Q4 2018 earnings at $0.08 EPS and FY2018 earnings at ($0.05) EPS.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings data on Tuesday, February 6th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.03). The firm had revenue of $130.93 million for the quarter, compared to the consensus estimate of $132.91 million. MACOM Technology Solutions had a positive return on equity of 10.35% and a negative net margin of 28.19%. The firm’s quarterly revenue was down 13.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.57 earnings per share.

MTSI has been the subject of a number of other reports. Bank of America downgraded MACOM Technology Solutions from a “neutral” rating to an “underperform” rating in a report on Wednesday, November 15th. Craig Hallum decreased their price objective on MACOM Technology Solutions from $46.00 to $36.00 and set a “buy” rating for the company in a report on Wednesday, February 7th. JPMorgan Chase & Co. downgraded MACOM Technology Solutions from an “overweight” rating to a “neutral” rating in a report on Wednesday, February 7th. Stifel Nicolaus decreased their price objective on MACOM Technology Solutions from $35.00 to $30.00 and set a “hold” rating for the company in a report on Tuesday, February 6th. Finally, decreased their price objective on MACOM Technology Solutions from $43.00 to $35.00 and set a “hold” rating for the company in a report on Wednesday, November 15th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $38.00.

MACOM Technology Solutions (NASDAQ:MTSI) opened at $18.92 on Monday. The company has a current ratio of 5.70, a quick ratio of 3.64 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $1,220.00, a PE ratio of -7.03, a P/E/G ratio of 0.97 and a beta of 1.14. MACOM Technology Solutions has a fifty-two week low of $17.84 and a fifty-two week high of $65.99.

In other MACOM Technology Solutions news, insider John Croteau sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $35.05, for a total value of $70,100.00. Following the completion of the transaction, the insider now directly owns 147,219 shares in the company, valued at $5,160,025.95. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders sold 4,750 shares of company stock valued at $158,518. Corporate insiders own 32.20% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. Advisor Group Inc. lifted its position in shares of MACOM Technology Solutions by 6.6% in the second quarter. Advisor Group Inc. now owns 2,300 shares of the semiconductor company’s stock valued at $128,000 after buying an additional 143 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of MACOM Technology Solutions in the third quarter valued at approximately $194,000. Ameritas Investment Partners Inc. lifted its position in shares of MACOM Technology Solutions by 32.0% in the second quarter. Ameritas Investment Partners Inc. now owns 3,561 shares of the semiconductor company’s stock valued at $199,000 after buying an additional 864 shares during the last quarter. ProShare Advisors LLC acquired a new stake in shares of MACOM Technology Solutions in the second quarter valued at approximately $200,000. Finally, US Bancorp DE lifted its position in shares of MACOM Technology Solutions by 40.0% in the fourth quarter. US Bancorp DE now owns 6,319 shares of the semiconductor company’s stock valued at $206,000 after buying an additional 1,806 shares during the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

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About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc is a provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency (RF), microwave, millimeterwave and photonic spectrum. It has multiple design centers, silicon, gallium arsenide and indium phosphide fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, Asia and Australia.

Earnings History and Estimates for MACOM Technology Solutions (NASDAQ:MTSI)

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