Northland Securities analyst Tim Savageaux maintained a Buy rating on MACOM Technology Solutions Holdings (NASDAQ:MTSI) Inc on Friday, setting a price target of $62, which is approximately 7.62% above the present share price of $57.61.
Savageaux expects MACOM Technology Solutions Holdings Inc to post earnings per share (EPS) of -$0.13 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in MACOM Technology Solutions Holdings, with an average price target of $66.5.
The analysts price targets range from a high of $72 to a low of $62.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $148.5 million and a net profit of $12.07 million. The company's market cap is $3.94 billion.
According to TipRanks.com, Northland Securities analyst Tim Savageaux is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.6% and a 66.76% success rate.
MACOM Technology Solutions Holdings, Inc. engages in the design, development, manufacture and market of semiconductors and modules. Its products include integrated circuits (IC), multi-chip modules (MCM), power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems. The company was founded on March 25, 2009 and is headquartered in Lowell, MA.