Investors Ready to Add MACOM Technology Solutions Holdings [MTSI] Stock to Portfolios Despite -2.78% Drop to $70.00 in 2023.
March 18, 2023
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Investors are looking at MACOM ($NASDAQ:MTSI) Technology Solutions Holdings Inc. MTSI with a keen eye despite the 2.78% decrease in the stock price to $70.00 in the year 2023. This drop in price has not deterred investors from considering adding this stock to their long-term portfolios, as the company is well-known for its technological innovations and advancements. Their range of advanced products and services, including semiconductors and microwave components, have made them a major player in the sector.
In addition, their commitment to research and development has allowed them to stay ahead of the competition. Their revenue growth over the last few years has been impressive, and their debt-to-equity ratio is far lower than many of their peers. This is a reflection of their ability to effectively manage their finances and maintain a healthy balance sheet. The company’s strong presence in the technology sector and their financial prudence makes them an attractive option for investors looking for a long-term stock play.
Share Price
On Tuesday, news sentiment surrounding the stock was mostly positive as it opened at $70.6 and closed at $70.8, a growth of 2.7% from the prior closing price of 68.9. The stock price has been volatile over the past month, indicating that investors may be expecting further movements in the near future. The company has seen a steady increase in its stock price over the last few years and investors anticipate that trend will continue. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for MTSI. More…
| Total Revenues | Net Income | Net Margin |
| 695.65 | 330.65 | 47.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for MTSI. More…
| Operations | Investing | Financing |
| 181.15 | -296.55 | -30.34 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for MTSI. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.59k | 725.17 | 12.19 |
Key Ratios Snapshot
Some of the financial key ratios for MTSI are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.1% | -16.4% | 37.2% |
| FCF Margin | ROE | ROA |
| 21.6% | 19.0% | 10.2% |
Analysis
At GoodWhale, we have thoroughly analyzed the fundamentals of MACOM TECHNOLOGY SOLUTIONS, and our Risk Rating indicates that it is a high risk investment, both in terms of business and financial aspects. We have identified four risk warnings in its income sheet, balance sheet, non-financial, and financial journals. To get a deeper understanding of these findings, users must register with GoodWhale. Once registered, users will gain access to our detailed report on MACOM TECHNOLOGY SOLUTIONS. With this report, users can make informed decisions about investing in MACOM TECHNOLOGY SOLUTIONS. More…
Peers
The semiconductor industry is intensely competitive, with companies vying for market share in a number of key areas. MACOM Technology Solutions Holdings Inc is no exception, and it competes directly with Melexis NV, Hua Hong Semiconductor Ltd, and Nova Ltd in a number of key markets. All four companies are leaders in the industry, and all are committed to innovation and to providing the best products and services to their customers.
– Melexis NV ($BER:MEX)
Melexis NV is a publicly traded semiconductor company with a market capitalization of 3.34 billion as of 2022. The company’s return on equity, a measure of profitability, was 28.95% in that same year. Melexis NV designs, develops, and manufactures integrated circuits and other semiconductor devices. Its products are used in a variety of applications, including automotive, consumer electronics, and industrial.
– Hua Hong Semiconductor Ltd ($SEHK:01347)
Hua Hong Semiconductor Ltd is a world-leading semiconductor foundry that offers advanced technologies and services for a wide range of applications. The company’s market cap as of 2022 is $34 billion, and its ROE is 9.22%. Hua Hong Semiconductor is a major supplier of semiconductor chips for a variety of applications, including mobile phones, computers, and consumer electronics. The company has a strong presence in China and other Asian markets, and is expanding its reach into the global market.
– Nova Ltd ($NASDAQ:NVMI)
Nova Ltd is a leading provider of integrated engineering solutions in the Asia-Pacific region. The company has a market cap of 2.48B as of 2022 and a ROE of 19.83%. Nova Ltd provides engineering solutions for a wide range of industries including power, oil and gas, mining, construction, and others. The company has a strong presence in the Asia-Pacific region and has a diversified customer base. Nova Ltd is committed to providing quality engineering solutions and services to its customers.
Summary
Investors are still eager to add MACOM Technology Solutions Holdings Inc. (MTSI) to their portfolios despite a 2.78% drop to $70.00 in 2023. Analysts are currently feeling positive about the stock, as it has seen an upward trend in terms of analyst ratings and market performance over the past few months. Technical indicators have been positive, with the stock showing relative strength and trading above its moving average, which may signal a buying opportunity. On the fundamental side, MTSI is a highly profitable company with a strong balance sheet, and its financials have performed well.
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