With 0.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $115.01 whereas the lowest price it dropped to was $113.12. The 52-week range on MTSI shows that it touched its highest point at $118.76 and its lowest point at $68.58 during that stretch. It currently has a 1-year price target of $116.77. Beta for the stock currently stands at 1.70.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MTSI was up-trending over the past week, with a rise of 0.33%, but this was up by 6.33% over a month. Three-month performance surged to 12.01% while six-month performance rose 15.17%. The stock gained 51.04% in the past year, while it has gained 22.42% so far this year. A look at the trailing 12-month EPS for MTSI yields 0.99 with Next year EPS estimates of 3.33. For the next quarter, that number is 0.73. This implies an EPS growth rate of -5.00% for this year and 29.66% for next year.
Float and Shares Shorts:
At present, 70.99 million MTSI shares are outstanding with a float of 59.01 million shares on hand for trading. On 2024-09-30, short shares totaled 3.71 million, which was 513.0 higher than short shares on 1724976000. In addition to Mr. Stephen G. Daly as the firm’s President, CEO & Chairman, Mr. John F. Kober III serves as its CFO & Senior VP.
Institutional Ownership:
Through their ownership of 0.86608005 of MTSI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-28, MTSI reported revenue of $190486000.0 and operating income of $19716000.0. The EBITDA in the recently reported quarter was $43469000.0 and diluted EPS was $nan.
