Brokerage Firm Rating on M/A-COM Technology Solutions Holdings (MTSI)

M/A-COM Technology Solutions Holdings (MTSI) : The consensus on M/A-COM Technology Solutions Holdings (MTSI) based on 7 analyst recommendation on the company stock is 1.43, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

M/A-COM Technology Solutions Holdings (MTSI) : The consensus price target for M/A-COM Technology Solutions Holdings (MTSI) is $46.44 for the short term with a standard deviation of $3.9. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $52, however, the pessimist price target for the company is $42.


For the current week, the company shares have a recommendation consensus of Buy. M/A-COM Technology Solutions Holdings (NASDAQ:MTSI): The stock opened at $39.37 on Thursday but the bulls could not build on the opening and the stock topped out at $39.64 for the day. The stock traded down to $38.89 during the day, due to lack of any buying support eventually closed down at $38.93 with a loss of -0.82% for the day. The stock had closed at $39.25 on the previous day. The total traded volume was 264,520 shares.

In a related news, The director officer (President and CEO), of Macom Technology Solutions Holdings, Inc., Croteau John had unloaded 2,000 shares at $39.78 per share in a transaction on August 1, 2016. The total value of transaction was $79,560. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

M/A-COM Technology Solutions Holdings, Inc. is a supplier of analog semiconductor solutions for use in wireless and wireline applications across the radio microwave and millimeter wave spectrum. The Companys semiconductor products are electronic components which includes point-to-point wireless backhaul radios, radar, automobile navigation systems, digital cable television (CATV) set-top boxes, magnetic resonance imaging systems and unmanned aerial vehicles. The Company operates in four markets: Networks, which includes CATV, cellular backhaul, cellular infrastructure and fiber optic applications; Aerospace and Defense; Automotive, which includes global positioning system modules sold to the automotive industry; and Multi-market, which includes industrial, medical, mobile communications and scientific applications. The Company serves systems manufacturers, OEMs, contract manufacturers and distributors.

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