Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits in the United States, China, 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
SymbolNASDAQ:MXIM
CUSIP57772K10
Phone408-601-1000
Debt
Debt-to-Equity Ratio0.51
Current Ratio4.16
Quick Ratio3.82
Price-To-Earnings
Trailing P/E Ratio22.80
Forward P/E Ratio19.86
P/E Growth1.87
Sales & Book Value
Annual Sales$2.48 billion
Price / Sales6.96
Cash Flow$2.8240 per share
Price / Cash21.87
Book Value$7.80 per share
Price / Book7.92
Profitability
EPS (Most Recent Fiscal Year)$2.71
Net Income$467.32 million
Net Margins18.84%
Return on Equity37.83%
Return on Assets16.91%
Miscellaneous
Employees7,040
Outstanding Shares279,680,000
Market Cap$16.78 billion
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 declared a quarterly dividend on Thursday, July 26th. Stockholders of record on Thursday, August 30th will be paid a dividend of $0.46 per share on Thursday, September 13th. This represents a $1.84 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Wednesday, August 29th. This is a positive change from Maxim Integrated Products's previous quarterly dividend of $0.42. View Maxim Integrated Products' Dividend History.
How will Maxim Integrated Products' stock buyback program work?
Maxim Integrated Products declared that its Board of Directors has initiated a share buyback plan on Friday, July 21st 2017, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 7.4% of its stock through open market purchases. Stock buyback plans are usually 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) posted its quarterly earnings results on Thursday, July, 26th. The semiconductor company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.03. The semiconductor company had revenue of $633.10 million for the quarter, compared to analysts' expectations of $630.39 million. Maxim Integrated Products had a net margin of 18.84% and a return on equity of 37.83%. The firm's revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.63 EPS. View Maxim Integrated Products' Earnings History.
When is Maxim Integrated Products' next earnings date?
What guidance has Maxim Integrated Products issued on next quarter's earnings?
Maxim Integrated Products updated its first quarter earnings guidance on Thursday, July, 26th. The company provided earnings per share (EPS) guidance of $0.72-0.78 for the period, compared to the Thomson Reuters consensus estimate of $0.69. The company issued revenue guidance of $615-655 million, compared to the consensus revenue estimate of $626.39 million.
What price target have analysts set for MXIM?
18 brokerages have issued 12-month target prices for Maxim Integrated Products' shares. Their predictions range from $44.00 to $75.00. On average, they expect Maxim Integrated Products' stock price to reach $61.1176 in the next year. This suggests that the stock has a possible downside of 1.1%. 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 12 hold ratings and 6 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 reported strong fiscal fourth quarter earnings driven by strength in data centers, and automotive and industrial end markets. Growth in infotainment and medical contents remains positive for the strong performance of the company in these markets. 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, the stock has outperformed the industry it belongs to. However, softness in communications infrastructure remains a concern. Further, high dependence on Samsung poses significant threat to Maxim’s growth trajectory." (7/30/2018)
- 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)
Who are some of Maxim Integrated Products' key competitors?
Some companies that are related to Maxim Integrated Products include Micron Technology (MU), Applied Materials (AMAT), Analog Devices (ADI), NXP Semiconductors (NXPI), Infineon Technologies (IFNNY), TOKYO ELECTRON/ADR (TOELY), Kyocera (KYO), Microchip Technology (MCHP), Advanced Micro Devices (AMD), Xilinx (XLNX), STMicroelectronics (STM), Skyworks Solutions (SWKS), Qorvo (QRVO), Marvell Technology Group (MRVL) and ASE TECY HLDG C/S (ASX).
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)
Has Maxim Integrated Products been receiving favorable news coverage?
News headlines about MXIM stock have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Maxim Integrated Products earned a news and rumor sentiment score of 0.05 on Accern's scale. They also assigned news headlines about the semiconductor company an impact score of 47.22 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Maxim Integrated Products.
Who are Maxim Integrated Products' major shareholders?
Maxim Integrated Products' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.25%), American Century Companies Inc. (4.44%), Bank of New York Mellon Corp (3.83%), OppenheimerFunds Inc. (3.09%), Wells Fargo & Company MN (2.47%) and Artisan Partners Limited Partnership (1.00%). 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 OppenheimerFunds Inc., FMR LLC, Bank of New York Mellon Corp, WBI Investments Inc., KBC Group NV, United Services Automobile Association, Bank of America Corp DE and Putnam Investments LLC. 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 bought by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, Ardevora Asset Management LLP, First Trust Advisors LP, Worldquant Millennium Quantitative Strategies LLC, Robecosam AG, Canada Pension Plan Investment Board, Sensato Investors LLC and TD Asset Management Inc.. 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 $61.79.
How big of a company is Maxim Integrated Products?
Maxim Integrated Products has a market capitalization of $16.78 billion and generates $2.48 billion in revenue each year. The semiconductor company earns $467.32 million in net income (profit) each year or $2.71 on an earnings per share basis. Maxim Integrated Products employs 7,040 workers across the globe.
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)
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.
