Here’s What Analysis Are Saying About MACOM Technology Solutions Holdings Inc.

MACOM

According to Zacks, MACOM Technology Solutions Holdings Inc. (NASDAQ:$MTSI) currently holds an Average Broker Rating of 1.88, giving it a rank of 79th in their industry. This is based on the 8 firms that Zacks polled.

The ABR is a simplified aggregate of all brokers’ ratings of the stock. All brokerages have their own systems and terminology for rating stocks. For example, one brokerage might say ‘Buy’ whereas another might give a rating of ‘B’ or ‘Overperform’. This means that the ABR has to convert all ratings into a 5-point scale that corresponds with all possible ratings. Typically, a 1-2 indicates a ‘Buy’, a 3 indicates a ‘Hold’, and a 4-5 indicates a ‘Sell’.

Research analysts also exert considerable influence over stocks in the industries or sectors they specialize in, especially when their opinions are spread through television, internet, radio, or print media. Even mentioning a company can cause the stock to temporarily rise or fall, even if the mention contains no fundamental change in the company.

Analysts have also forecast a target price of $56.86 within the year.

A big part of the planning process for investing is accumulating as much knowledge as possible, alongside proper allocation of equity investments. Mixing the right stocks can bolster your portfolio, whereas the wrong combination can prove increasingly volatile. It’s important, therefore, for investors to set goals, whether they are short, medium, or long term. It can also be important to understand risk tolerance; some investors may be particularly affected by daily price changes, whereas other investors might be completely unfazed.

The best solution is to simply learn about the stock.

In the last earnings report, the company posted quarterly earnings of $0.67. This compared favorably to analyst forecasts of $0.46. Shares have moved -$15.97 over the past week and -$16.85 over the past month. The company has $2.41 earnings per share over the trailing 12 months.

Consensus forecasts from analysts predict that the firm will report $0.44 earnings per share in their next quarterly report. The company also has ‘Buy’ or ‘Strong-Buy’ ratings from 5 analysts or roughly 62.5% of all ratings.

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About the author: Dylan is a content writer and editor located in Vancouver, British Columbia. He graduated from the University of Regina with BA degrees in both Journalism and History in 2016. His skills include writing, blogging, editing, and developing content for both print and internet media.