EPS for MACOM Technology Solutions Holdings Inc (MTSI) Expected At $0.52

July 17, 2017 - By Darrin Black

 EPS for MACOM Technology Solutions Holdings Inc (MTSI) Expected At $0.52
Investors sentiment increased to 1.07 in Q4 2016. Its up 0.07, from 1 in 2016Q3. It is positive, as 25 investors sold MACOM Technology Solutions Holdings Inc shares while 57 reduced holdings. 30 funds opened positions while 58 raised stakes. 40.64 million shares or 5.55% more from 38.50 million shares in 2016Q3 were reported.
Agf Invests reported 39,646 shares. Ubs Asset Mngmt Americas invested in 0.01% or 175,722 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 770 shares. State Of New Jersey Common Pension Fund D holds 0.1% or 510,000 shares in its portfolio. Congress Asset Mngmt Ma holds 0.01% or 11,524 shares. Silvercrest Asset Mngmt Gru holds 1.85 million shares or 0.96% of its portfolio. Blackrock Institutional Tru Communication Na reported 611,051 shares or 0% of all its holdings. Morgan Stanley has 0% invested in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Quantbot Tech Limited Partnership, New York-based fund reported 314 shares. Paloma Ptnrs Mgmt Comm holds 0% or 6,699 shares in its portfolio. Citigroup invested in 0% or 210 shares. Portolan Cap Mngmt Ltd Liability Corp invested in 51,313 shares. Sei has 0% invested in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) for 10,531 shares. 316 were accumulated by Herndon Capital Limited Liability Co. Jpmorgan Chase And Co owns 796,998 shares.

Since February 1, 2017, it had 0 insider purchases, and 30 insider sales for $90.92 million activity. On Thursday, June 1 the insider Croteau John sold $120,320. MCMULLAN ROBERT also sold $407,599 worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) on Monday, February 6. Shares for $32,401 were sold by Virk Preetinder S.. 3,654 MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) shares with value of $165,380 were sold by Dennehy Robert. BLAND CHARLES R had sold 250 shares worth $11,610. The insider Behfar Alex sold $625,032.

Analysts await MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) to report earnings on July, 25. They expect $0.52 earnings per share, up 26.83 % or $0.11 from last year’s $0.41 per share. MTSI’s profit will be $33.13M for 29.05 P/E if the $0.52 EPS becomes a reality. After $0.45 actual earnings per share reported by MACOM Technology Solutions Holdings Inc for the previous quarter, Wall Street now forecasts 15.56 % EPS growth. About 283,664 shares traded. MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) has risen 62.84% since July 17, 2016 and is uptrending. It has outperformed by 46.14% the S&P500.

MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) Ratings Coverage

Among 8 analysts covering M/A-Com Technology Solutions Holdings (NASDAQ:MTSI), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. M/A-Com Technology Solutions Holdings had 21 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Buy” rating by Needham on Wednesday, July 29. Jefferies reinitiated MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) on Tuesday, August 18 with “Buy” rating. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) has “Hold” rating given on Thursday, August 20 by Zacks. The firm has “Overweight” rating given on Friday, March 11 by Barclays Capital. The firm earned “Buy” rating on Friday, December 18 by Needham. As per Monday, June 26, the company rating was maintained by Needham. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) earned “Buy” rating by Craig Hallum on Monday, January 11. The firm has “Buy” rating by Jefferies given on Monday, July 10. The firm has “Buy” rating by Needham given on Wednesday, February 1. Needham maintained the stock with “Buy” rating in Tuesday, August 18 report.

MACOM Technology Solutions Holdings, Inc. is a well-known provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency , microwave, millimeterwave and photonic spectrum. The company has market cap of $3.85 billion. 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. It currently has negative earnings. It also offers foundry services.

More notable recent MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) news were published by: Businesswire.com which released: “MACOM Successfully Completes Acquisition of AppliedMicro” on January 26, 2017, also Fool.com with their article: “Why MACOM Technology Solutions Holdings Inc. Shares Dropped Today” published on April 26, 2017, Seekingalpha.com published: “MACOM Technology Solutions Holdings (MTSI) John R. Croteau on Q3 2016 Results …” on July 27, 2016. More interesting news about MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) were released by: Seekingalpha.com and their article: “MACOM Technology Solutions Holdings (MTSI) Q1 2017 Results – Earnings Call …” published on February 01, 2017 as well as Reuters.com‘s news article titled: “Analog chipmaker Macom to buy Applied Micro for $770 million” with publication date: November 21, 2016.

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