News articles about MACOM Technology Solutions (NASDAQ:MTSI) have trended somewhat positive on Thursday, according to Accern Sentiment. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. MACOM Technology Solutions earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned media coverage about the semiconductor company an impact score of 46.4525483425209 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

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

MTSI has been the topic of a number of recent research reports. Needham & Company LLC reissued a “buy” rating and set a $56.00 price target on shares of MACOM Technology Solutions in a research note on Tuesday, September 5th. Raymond James Financial reissued a “market perform” rating on shares of MACOM Technology Solutions in a research note on Thursday, September 14th. Craig Hallum reissued a “buy” rating and set a $54.00 price target on shares of MACOM Technology Solutions in a research note on Tuesday, October 3rd. Zacks Investment Research raised MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Finally, Stifel Nicolaus lowered MACOM Technology Solutions from a “buy” rating to a “hold” rating and cut their price objective for the stock from $57.00 to $43.00 in a research note on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $42.10.

MACOM Technology Solutions (NASDAQ MTSI) opened at $33.53 on Thursday. The company has a quick ratio of 3.64, a current ratio of 4.81 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $2,150.00, a P/E ratio of 19.65, a P/E/G ratio of 1.65 and a beta of 1.31. MACOM Technology Solutions has a 12 month low of $29.73 and a 12 month high of $65.99.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings data on Tuesday, November 14th. The semiconductor company reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.47 by ($0.01). The company had revenue of $166.40 million during the quarter, compared to analyst estimates of $171.80 million. MACOM Technology Solutions had a positive return on equity of 15.05% and a negative net margin of 24.26%. MACOM Technology Solutions’s revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.54 earnings per share. analysts predict that MACOM Technology Solutions will post 0.95 EPS for the current year.

In related news, insider John Croteau sold 2,000 shares of MACOM Technology Solutions stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $45.20, for a total value of $90,400.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 5,250 shares of company stock worth $205,225. 57.10% of the stock is owned by insiders.

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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.

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

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