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.
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 Ratio4.03
Quick Ratio3.67
Price-To-Earnings
Trailing P/E Ratio18.87
Forward P/E Ratio16.77
P/E Growth1.44
Sales & Book Value
Annual Sales$2.48 billion
Price / Sales5.73
Cash Flow$3.2740 per share
Price / Cash15.62
Book Value$6.90 per share
Price / Book7.41
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
Employees7,149
Outstanding Shares277,680,000
Market Cap$14.26 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 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date of this dividend is Wednesday, August 29th. This is an increase 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 announced that its board has authorized a share buyback program on Friday, July 21st 2017, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 7.4% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.
How were Maxim Integrated Products' earnings last quarter?
Maxim Integrated Products Inc. (NASDAQ:MXIM) announced its earnings results on Thursday, July, 26th. The semiconductor company reported $0.73 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.70 by $0.03. The semiconductor company earned $633.10 million during the quarter, compared to analyst estimates of $630.39 million. Maxim Integrated Products had a net margin of 18.84% and a return on equity of 37.83%. Maxim Integrated Products's revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.63 earnings per share. View Maxim Integrated Products' Earnings History.
When is Maxim Integrated Products' next earnings date?
How can I listen to Maxim Integrated Products' earnings call?
Maxim Integrated Products will be holding an earnings conference call on Tuesday, October 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
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?
19 analysts have issued 12-month price targets for Maxim Integrated Products' stock. Their forecasts range from $50.00 to $71.00. On average, they expect Maxim Integrated Products' stock price to reach $61.4118 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Price Targets for Maxim Integrated Products.
What is the consensus analysts' recommendation for Maxim Integrated Products?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maxim Integrated Products in the last year. There are currently 1 sell rating, 14 hold ratings and 4 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)
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), Advanced Micro Devices (AMD), Infineon Technologies (IFNNY), TOKYO ELECTRON/ADR (TOELY), Kyocera (KYO), Kyocera (KYOCY), Xilinx (XLNX), Microchip Technology (MCHP), Skyworks Solutions (SWKS), STMicroelectronics (STM), Marvell Technology Group (MRVL) and Qorvo (QRVO).
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 variety of of institutional and retail investors. Top institutional shareholders include KAMES CAPITAL plc (0.26%), BB&T Corp (0.11%), Bank of Montreal Can (0.11%), Cullinan Associates Inc. (0.09%), Campbell Newman Asset Management Inc. (0.09%) and Nisa Investment Advisors LLC (0.05%). 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 Sumitomo Mitsui Asset Management Company LTD, KAMES CAPITAL plc, BB&T Corp, Campbell Newman Asset Management Inc. and Andra AP fonden. 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 Bank of Montreal Can, First American Bank, Oakbrook Investments LLC, Cullinan Associates Inc., Forte Capital LLC ADV, State of Alaska Department of Revenue, Aperio Group LLC and Manning & Napier Group LLC. 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 $51.14.
How big of a company is Maxim Integrated Products?
Maxim Integrated Products has a market capitalization of $14.26 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 7,149 workers across the globe.
What is Maxim Integrated Products' official website?
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.
