With 0.99 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.83 million shares. The 52-week range on MTSI shows that it touched its highest point at $152.50 and its lowest point at $84.00 during that stretch. It currently has a 1-year price target of $137.14. Beta for the stock currently stands at 1.37.
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 9.27%, but this was up by 26.22% over a month. Three-month performance dropped to -16.47% while six-month performance rose 0.64%. The stock gained 10.23% in the past year, while it has lost -12.73% so far this year. A look at the trailing 12-month EPS for MTSI yields -1.43 with Next year EPS estimates of 4.09. For the next quarter, that number is 0.84. This implies an EPS growth rate of 35.03% for this year and 18.34% for next year.
Float and Shares Shorts:
At present, 74.36 million MTSI shares are outstanding with a float of 63.09 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MTSI since 8 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.57502 being high and $2.53494 being low. For MTSI, this leads to a yearly average estimate of $2.565.
