NASDAQ:MXIM - Maxim Integrated Products Stock Price, News, & Analysis

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$52.23 +0.92 (+1.79 %)
(As of 11/13/2018 11:25 AM ET)
Previous Close$51.31
Today's Range$51.39 - $52.29
52-Week Range$46.85 - $74.94
Volume45,961 shs
Average Volume3.67 million shs
Market Capitalization$14.43 billion
P/E Ratio19.04
Dividend Yield3.53%
Beta1.28
Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits in the United States, China, the rest of Asia, Europe, and internationally. The company also provides a range of high-frequency process technologies and capabilities for use in custom designs. It serves automotive, communications and data center, computing, consumer, and industrial markets. The company markets its products through a direct-sales and applications organization, as well as through its own and other unaffiliated distribution channels. Maxim Integrated Products, Inc. was founded in 1983 and is headquartered in San Jose, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Current SymbolNASDAQ:MXIM
Previous Symbol
CUSIP57772K10
Phone408-601-1000

Debt

Debt-to-Equity Ratio0.52
Current Ratio3.57
Quick Ratio3.27

Price-To-Earnings

Trailing P/E Ratio19.04
Forward P/E Ratio19.27
P/E Growth1.65

Sales & Book Value

Annual Sales$2.48 billion
Price / Sales5.83
Cash Flow$3.2973 per share
Price / Cash15.84
Book Value$6.90 per share
Price / Book7.57

Profitability

EPS (Most Recent Fiscal Year)$2.71
Net Income$467.31 million
Net Margins20.06%
Return on Equity41.83%
Return on Assets17.89%

Miscellaneous

Employees7,149
Outstanding Shares277,060,000
Market Cap$14.43 billion
OptionableOptionable

Maxim Integrated Products (NASDAQ:MXIM) Frequently Asked Questions

What is Maxim Integrated Products' stock symbol?

Maxim Integrated Products trades on the NASDAQ under the ticker symbol "MXIM."

How often does Maxim Integrated Products pay dividends? What is the dividend yield for Maxim Integrated Products?

Maxim Integrated Products announced a quarterly dividend on Tuesday, October 30th. Shareholders of record on Thursday, November 29th will be paid a dividend of $0.46 per share on Thursday, December 13th. This represents a $1.84 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date of this dividend is Wednesday, November 28th. View Maxim Integrated Products' Dividend History.

How will Maxim Integrated Products' stock buyback program work?

Maxim Integrated Products announced that its board has authorized a stock repurchase plan on Friday, July 21st 2017, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

How were Maxim Integrated Products' earnings last quarter?

Maxim Integrated Products Inc. (NASDAQ:MXIM) announced its quarterly earnings results on Tuesday, October, 30th. The semiconductor company reported $0.75 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.75. The semiconductor company had revenue of $638.50 million for the quarter, compared to analyst estimates of $635.19 million. Maxim Integrated Products had a return on equity of 41.83% and a net margin of 20.06%. Maxim Integrated Products's revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 EPS. View Maxim Integrated Products' Earnings History.

When is Maxim Integrated Products' next earnings date?

Maxim Integrated Products is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Maxim Integrated Products.

What guidance has Maxim Integrated Products issued on next quarter's earnings?

Maxim Integrated Products updated its second quarter earnings guidance on Tuesday, October, 30th. The company provided earnings per share guidance of $0.59 to $0.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.73. The company issued revenue guidance of $570 million to $610 million, compared to the consensus revenue estimate of $629.42 million.

What price target have analysts set for MXIM?

18 analysts have issued 1-year price objectives for Maxim Integrated Products' shares. Their forecasts range from $50.00 to $71.00. On average, they expect Maxim Integrated Products' stock price to reach $60.1875 in the next year. This suggests a possible upside of 15.2% from the stock's current price. View Analyst Price Targets for Maxim Integrated Products.

What is the consensus analysts' recommendation for Maxim Integrated Products?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maxim Integrated Products in the last year. There are currently 1 sell rating, 12 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Maxim Integrated Products.

What are Wall Street analysts saying about Maxim Integrated Products stock?

Here are some recent quotes from research analysts about Maxim Integrated Products stock:
  • 1. According to Zacks Investment Research, "Maxim’s softness in communications infrastructure is a matter of concern. Further, high dependence on Samsung poses significant threat to Maxim’s growth trajectory. However, strengthening position in data centers, automotive and industrial end markets continue to drive its top-line growth. Strong momentum in infotainment and medical contents also remains positive. Moreover, robust 100G optical products will continue to aid the company’s revenues in consumer and communication markets. We believe Maxim’s diversified product portfolio will provide flexibility and stability to the business. Moreover, shifting to advanced node process technology development poses growth opportunities. Notably, shares of Maxim have outperformed the industry it belongs to over a year." (10/10/2018)
  • 2. Maxim Group analysts commented, "MXIM reported beat/raise results Thursday. F4Q (June) sales/EPS of $633M/$0.80 topped consensus’ $630M/$0.70E. F1Q (Sept.) outlook for $635M/$0.83 also bested Street’s $626M/$0.69E led by auto/industrial (52% of sales combined). GM widened 80bps to 68%. Core auto and industrial both grew double digits (%) Y/ Y. Normal seasonality should temper Q/Q growth in F1Q, though both auto/industrial should be up a solid DD (%) Y/Y. Mgmt indicated order patterns remain solid despite rising geopolitical/trade war concerns. Mgmt increased the dividend 10%; FCF yield now stands at 5.6%. Though executing well, we see risk/reward balanced here and remain sidelined for now." (7/27/2018)

Has Maxim Integrated Products been receiving favorable news coverage?

Media headlines about MXIM stock have been trending somewhat positive recently, InfoTrie reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Maxim Integrated Products earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned media stories about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.

Are investors shorting Maxim Integrated Products?

Maxim Integrated Products saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 9,140,697 shares, an increase of 25.7% from the October 15th total of 7,271,077 shares. Based on an average daily volume of 3,890,902 shares, the short-interest ratio is presently 2.3 days. Currently, 3.3% of the company's shares are short sold. View Maxim Integrated Products' Current Options Chain.

Who are some of Maxim Integrated Products' key competitors?

Who are Maxim Integrated Products' key executives?

Maxim Integrated Products' management team includes the folowing people:
  • Mr. Tunç Doluca, Pres, CEO & Director (Age 60)
  • Mr. Bruce E. Kiddoo, Sr. VP & CFO (Age 57)
  • Mr. Vivek Jain, Sr. VP of Technology & Manufacturing Group (Age 58)
  • Mr. Edwin B. Medlin, Chief Corp. Compliance Officer, Sr. VP & Gen. Counsel (Age 61)
  • Mr. David M. Loftus, VP of Worldwide Sales & Marketing (Age 57)

Who are Maxim Integrated Products' major shareholders?

Maxim Integrated Products' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.72%), American Century Companies Inc. (3.75%), Bank of New York Mellon Corp (3.68%), Wells Fargo & Company MN (2.52%), Panagora Asset Management Inc. (0.84%) and FIL Ltd (0.83%). Company insiders that own Maxim Integrated Products stock include Anthony Stratakos, Bruce E Kiddoo, Bryan Preeshl, Christopher J Neil, David Loftus, Edwin Medlin, James R Bergman, Joseph R Bronson, Mary Ann Wright, Robert Edward Grady, Sumeet Gagneja, Tunc Doluca, Vivek Jain and William D Watkins. View Institutional Ownership Trends for Maxim Integrated Products.

Which institutional investors are selling Maxim Integrated Products stock?

MXIM stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., First Trust Advisors LP, Pictet Asset Management Ltd., Bahl & Gaynor Inc., Mitsubishi UFJ Trust & Banking Corp, Victory Capital Management Inc., FMR LLC and Schroder Investment Management Group. Company insiders that have sold Maxim Integrated Products company stock in the last year include Bruce E Kiddoo, Bryan Preeshl, Christopher J Neil, David Loftus, James R Bergman, Joseph R Bronson, Mary Ann Wright, Robert Edward Grady, Sumeet Gagneja, Tunc Doluca, Vivek Jain and William D Watkins. View Insider Buying and Selling for Maxim Integrated Products.

Which institutional investors are buying Maxim Integrated Products stock?

MXIM stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, BlackRock Inc., Carillon Tower Advisers Inc., Eagle Asset Management Inc., Assenagon Asset Management S.A., Canada Pension Plan Investment Board, Bank of Montreal Can and Marathon Asset Management LLP. View Insider Buying and Selling for Maxim Integrated Products.

How do I buy shares of Maxim Integrated Products?

Shares of MXIM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Maxim Integrated Products' stock price today?

One share of MXIM stock can currently be purchased for approximately $52.23.

How big of a company is Maxim Integrated Products?

Maxim Integrated Products has a market capitalization of $14.43 billion and generates $2.48 billion in revenue each year. The semiconductor company earns $467.31 million in net income (profit) each year or $2.71 on an earnings per share basis. Maxim Integrated Products employs 7,149 workers across the globe.

What is Maxim Integrated Products' official website?

The official website for Maxim Integrated Products is http://www.maximintegrated.com.

How can I contact Maxim Integrated Products?

Maxim Integrated Products' mailing address is 160 RIO ROBLES, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-601-1000 or via email at [email protected]


MarketBeat Community Rating for Maxim Integrated Products (NASDAQ MXIM)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  649 (Vote Outperform)
Underperform Votes:  706 (Vote Underperform)
Total Votes:  1,355
MarketBeat's community ratings are surveys of what our community members think about Maxim Integrated Products and other stocks. Vote "Outperform" if you believe MXIM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MXIM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/13/2018 by MarketBeat.com Staff

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