Quite a few brokerages have already predicted that the stocks of MTSI will be posting an EPS of $0.38 for this quarter, as has been reported. Around six analysts have already made clear-cut estimates on the earnings of this company. The company had already reported an EPS of $0.07 the previous year, so this indicates an annual growth rate of around 442.9%. The company will be posting its next quarterly earnings result on the 26th of January.
The Quarterly Earnings of MTSI
On average, most of the analysts have been expecting the stocks of MTSI to report an EPS of $1.63 for the entire year, with the estimates ranging all the way from $1.55 to $1.71. Most analysts would be expecting an EPS of $1.85 for the next year, with the EPS ranging from $1.75 to $1.94.
The company previously brought out its earnings result on the 5th of November. The company had been reporting an EPS of $0.40 for this quarter, which beat the consensus estimate that was set at $0.38. The net margin of the company has been -8.69%, while the return on its equity has been positive at 10.47%. The revenue earned by the company is $147.25 million, which was more than the consensus estimate of $145.99 million.
There have been quite a few research equities that have weighed in on the shares of MTSI. Needham & Company LLC has already increased the price target of the company from $45 to $50 while giving the stocks of the company a rating of buy in a research report. Cowen has also increased the price target on the company from $45 to $47, with a rating of outperform on the stocks.