Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, MaxLinear Inc’s stock clocked out at $15.75, down -5.12% from its previous closing price of $16.60. In other words, the price has decreased by -$5.12 from its previous closing price. On the day, 2.03 million shares were traded.
Ratios:
To gain a deeper understanding of MXL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.27.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on November 22, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $14.
On October 01, 2024, Susquehanna Downgraded its rating to Neutral which previously was Positive but kept the price unchanged to $15.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 13 ’24 when LITCHFIELD STEVEN G sold 32,000 shares for $20.35 per share. The transaction valued at 651,206 led to the insider holds 365,868 shares of the business.
LITCHFIELD STEVEN G bought 32,000 shares of MXL for $651,206 on Dec 13 ’24. On Dec 11 ’24, another insider, MOYER ALBERT J, who serves as the Director of the company, sold 9,170 shares for $19.00 each. As a result, the insider received 174,230 and left with 60,652 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.70 while its Price-to-Book (P/B) ratio in mrq is 2.58.
Stock Price History:
Over the past 52 weeks, MXL has reached a high of $26.59, while it has fallen to a 52-week low of $11.08. The 50-Day Moving Average of the stock is -19.40%, while the 200-Day Moving Average is calculated to be -7.78%.
Shares Statistics:
A total of 84.61M shares are outstanding, with a floating share count of 79.50M. Insiders hold about 6.07% of the company’s shares, while institutions hold 85.70% stake in the company.
Earnings Estimates
As of right now, 11.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.05, with high estimates of $0.07 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.46 and $0.33 for the fiscal current year, implying an average EPS of $0.39. EPS for the following year is $0.88, with 9.0 analysts recommending between $1.0 and $0.75.
Revenue Estimates
In the current quarter, 11 analysts expect revenue to total $95.32M. It ranges from a high estimate of $99.3M to a low estimate of $94M. As of the current estimate, MaxLinear Inc’s year-ago sales were $95.27MFor the next quarter, 11 analysts are estimating revenue of $104.22M. There is a high estimate of $108M for the next quarter, whereas the lowest estimate is $100M.
A total of 11 analysts have provided revenue estimates for MXL’s current fiscal year. The highest revenue estimate was $461.4M, while the lowest revenue estimate was $420M, resulting in an average revenue estimate of $445.55M. In the same quarter a year ago, actual revenue was $360.53MBased on 9 analysts’ estimates, the company’s revenue will be $541.54M in the next fiscal year. The high estimate is $625.1M and the low estimate is $515M.
