News coverage about MACOM Technology Solutions (NASDAQ:MTSI) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. MACOM Technology Solutions earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 46.8938274408043 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

A number of research firms have recently commented on MTSI. BidaskClub raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Thursday, December 21st. Stifel Nicolaus cut their price target 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. Barclays cut their price target on MACOM Technology Solutions from $50.00 to $40.00 and set an “overweight” rating for the company in a report on Wednesday, November 15th. JPMorgan Chase & Co. cut their price target on MACOM Technology Solutions from $55.00 to $45.00 and set an “overweight” rating for the company in a report on Wednesday, November 15th. Finally, DA Davidson raised MACOM Technology Solutions from a “neutral” rating to a “buy” rating and raised their price target for the stock from $32.00 to $43.00 in a report on Friday, January 5th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $38.00.

Shares of MACOM Technology Solutions (NASDAQ MTSI) opened at $19.49 on Thursday. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.70 and a quick ratio of 4.00. MACOM Technology Solutions has a 12-month low of $17.84 and a 12-month high of $65.99. The stock has a market capitalization of $1,250.00, a price-to-earnings ratio of -7.25, a P/E/G ratio of 4.60 and a beta of 1.14.

MACOM Technology Solutions (NASDAQ:MTSI) last issued 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). MACOM Technology Solutions had a positive return on equity of 10.35% and a negative net margin of 28.19%. The business had revenue of $130.93 million during the quarter, compared to analysts’ expectations of $132.91 million. During the same quarter last year, the business posted $0.57 EPS. The company’s quarterly revenue was down 13.7% on a year-over-year basis. analysts expect that MACOM Technology Solutions will post -0.06 EPS for the current fiscal year.

In related news, insider John Croteau sold 2,000 shares of the stock in a transaction 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 sale, the insider now owns 147,219 shares in the company, valued at $5,160,025.95. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 4,750 shares of company stock worth $158,518 in the last quarter. 32.20% of the stock is currently owned by company insiders.

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MACOM Technology Solutions Company Profile

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.

Insider Buying and Selling by Quarter for MACOM Technology Solutions (NASDAQ:MTSI)

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