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
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 Ratio19.48
Forward P/E Ratio19.55
P/E Growth1.69
Sales & Book Value
Annual Sales$2.48 billion
Price / Sales5.90
Cash Flow$3.25 per share
Price / Cash Flow16.24
Book Value$6.90 per share
Price / Book7.65
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$14.79 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 declared a quarterly dividend on Tuesday, October 30th. Investors 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 annualized dividend and a yield of 3.49%. The ex-dividend date 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 initiated a stock repurchase program on Friday, July 21st 2017, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 7.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.
How were Maxim Integrated Products' earnings last quarter?
Maxim Integrated Products Inc. (NASDAQ:MXIM) announced its earnings results on Tuesday, October, 30th. The semiconductor company reported $0.75 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.75. The semiconductor company earned $638.50 million during the quarter, compared to analyst estimates of $635.19 million. Maxim Integrated Products had a net margin of 20.06% and a return on equity of 41.83%. The firm's revenue for the quarter was up 10.9% on a year-over-year basis. During the same period last year, the business posted $0.60 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 issued an update on 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 Wall Street analysts have issued 1 year target prices for Maxim Integrated Products' stock. Their predictions range from $50.00 to $71.00. On average, they anticipate Maxim Integrated Products' share price to reach $60.1875 in the next twelve months. This suggests a possible upside of 14.0% 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?
News coverage about MXIM stock has trended negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Maxim Integrated Products earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned headlines about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days.
Are investors shorting Maxim Integrated Products?
Maxim Integrated Products saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 11,809,915 shares, an increase of 28.3% from the November 15th total of 9,206,424 shares. Based on an average daily volume of 9,108,261 shares, the days-to-cover ratio is currently 1.3 days. Currently, 4.3% of the company's shares are sold short. View Maxim Integrated Products' Current Options Chain.
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), Xilinx (XLNX), TOKYO ELECTRON/ADR (TOELY), Advanced Micro Devices (AMD), Kyocera (KYOCY), Microchip Technology (MCHP), STMicroelectronics (STM), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), ASE Technology (ASX) 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 number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc (10.12%), BlackRock Inc. (8.72%), American Century Companies Inc. (3.75%), Bank of New York Mellon Corp (3.68%), Dodge & Cox (3.25%) and Dodge & Cox (3.25%). 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, Tracy Accardi, 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., OppenheimerFunds Inc. and FMR 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, Tracy Accardi, Tunc Doluca and Vivek Jain. View Insider Buying and Selling for Maxim Integrated Products.
Which institutional investors are buying Maxim Integrated Products stock?
MXIM stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, AQR Capital Management LLC, BlackRock Inc., Renaissance Technologies LLC, Deutsche Bank AG, Federated Investors Inc. PA, Carillon Tower Advisers Inc. and Eagle 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 $52.78.
How big of a company is Maxim Integrated Products?
Maxim Integrated Products has a market capitalization of $14.79 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?
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.
