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

$61.37

-0.59 (-0.95 %)

(As of 01/17/2020 04:00 PM ET)

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Today's Range

$61.04

Now: $61.37▼

$62.38

50-Day Range

$55.22

MA: $60.11▼

$62.41

52-Week Range

$51.26

Now: $61.37▼

$65.73

Volume2.46 million shs

Average Volume1.88 million shs

Market Capitalization$16.61 billion

P/E Ratio25.26

Dividend Yield3.10%

Beta1.41

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. Read More…

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustrySemiconductors

SectorComputer and Technology

Current SymbolNASDAQ:MXIM

Previous Symbol

CUSIP57772K10

CIK743316

Webhttp://www.maximintegrated.com/

Phone408-601-1000

Debt

Debt-to-Equity Ratio0.56

Current Ratio7.08

Quick Ratio6.39

Price-To-Earnings

Trailing P/E Ratio25.26

Forward P/E Ratio27.64

P/E Growth2.41

Sales & Book Value

Annual Sales$2.31 billion

Price / Sales7.18

Cash Flow$2.84 per share

Price / Cash Flow21.58

Book Value$6.75 per share

Price / Book9.09

Profitability

EPS (Most Recent Fiscal Year)$2.43

Net Income$827.49 million

Net Margins34.87%

Return on Equity34.55%

Return on Assets16.10%

Miscellaneous

Employees7,131

Outstanding Shares270,609,000

Market Cap$16.61 billion

Next Earnings Date1/28/2020 (Confirmed)

OptionableOptionable

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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 29th. Investors of record on Wednesday, November 27th will be given a dividend of $0.48 per share on Friday, December 13th. This represents a $1.92 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Tuesday, November 26th. View Maxim Integrated Products' Dividend History.

How were Maxim Integrated Products' earnings last quarter?

Maxim Integrated Products Inc. (NASDAQ:MXIM) posted its quarterly earnings data on Tuesday, October, 29th. The semiconductor company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.03. The semiconductor company had revenue of $553 million for the quarter, compared to analyst estimates of $530.99 million. Maxim Integrated Products had a return on equity of 34.55% and a net margin of 34.87%. The business's revenue was down 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.75 earnings per share. 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 Tuesday, January 28th 2020. View Earnings Estimates for Maxim Integrated Products.

How can I listen to Maxim Integrated Products' earnings call?

Maxim Integrated Products will be holding an earnings conference call on Tuesday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Maxim Integrated Products updated its second quarter earnings guidance on Tuesday, October, 29th. The company provided earnings per share guidance of $0.49-0.57 for the period, compared to the Thomson Reuters consensus estimate of $0.51. The company issued revenue guidance of $525-565 million, compared to the consensus revenue estimate of $535.31 million.

What price target have analysts set for MXIM?

10 equities research analysts have issued twelve-month price objectives for Maxim Integrated Products' shares. Their forecasts range from $56.00 to $72.00. On average, they anticipate Maxim Integrated Products' stock price to reach $64.30 in the next year. This suggests a possible upside of 4.8% from the stock's current price. View Analyst Price Targets for Maxim Integrated Products.

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

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maxim Integrated Products in the last year. There are currently 3 sell ratings, 5 hold ratings and 2 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 is benefitting from its strengthening content in driver assistance applications. Further, growing demand for 100G laser drivers and modules is aiding its performance in the communications and data center market. Additionally, the company’s well-performing gaming, peripherals, wearables and tablet business remains a major positive. Also, robust battery management systems are likely to contribute well to Maxim’s top-line. Further, the company remains optimistic about its flexible manufacturing strategy and diversified product portfolio. However, soft demand environment is impacting its end-market performance negatively. Further, weakness in the smartphone market and slowdown in auto production are headwinds. Also, Huawei ban is a major concern. Notably, the stock has underperformed its industry on a year-to-date basis." (10/3/2019)
2. Maxim Group analysts commented, "MXIM reported Tuesday after the close. Echoing HPA bellwether TXN last week, MXIM’s F2Q (Dec.) Sales/EPS $577M/$0.60 fell short of consensus $590M/$0.62E. F3Q (Mar.) outlook of $530M/$0.52 also lagged vs. Street $595M/$0.64E. We attribute shortfall to macro headwinds and ongoing correction impacting the semiconductor group. Management’s seen improved booking patterns the past three weeks, though we’re inclined to attribute some of the relative improvement to pre-Chinese New Year holiday ordering and agree with management it’s premature to call a bottom (or rebound). GM declined ~85bps and is expected to drop to 65% in F3Q, largely on inventory reserves. MXIM is on track to return 125% of FCF to shareholders in fiscal 2019. Macro risk/uncertainty remains elevated as the group works through current broad-based correction…keeping us sidelined here." (1/30/2019)

Has Maxim Integrated Products been receiving favorable news coverage?

Headlines about MXIM stock have trended extremely negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Maxim Integrated Products earned a coverage optimism score of -5.0 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Maxim Integrated Products.

Are investors shorting Maxim Integrated Products?

Maxim Integrated Products saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 6,460,000 shares, an increase of 19.6% from the December 15th total of 5,400,000 shares. Based on an average daily trading volume, of 1,850,000 shares, the short-interest ratio is currently 3.5 days. Approximately 2.4% 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 Intel (INTC), NVIDIA (NVDA), Texas Instruments (TXN), Broadcom (AVGO), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), First Solar (FSLR), Cree (CREE) and Silicon Laboratories (SLAB).

What other stocks do shareholders of Maxim Integrated Products own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Maxim Integrated Products investors own include Alibaba Group (BABA), NVIDIA (NVDA), QUALCOMM (QCOM), Cisco Systems (CSCO), Home Depot (HD), Verizon Communications (VZ), Intel (INTC), CVS Health (CVS), Johnson & Johnson (JNJ) and Texas Instruments (TXN).

Who are Maxim Integrated Products' key executives?

Maxim Integrated Products' management team includes the folowing people:

Mr. Tunç Doluca, Pres, CEO & Director (Age 61)
Mr. Bruce E. Kiddoo, CFO, SVP & Principal Accounting Officer (Age 58)
Mr. Vivek Jain, Sr. VP of Technology & Manufacturing Group (Age 59)
Mr. Edwin B. Medlin, Sr. VP & Gen. Counsel (Age 62)
Mr. David M. Loftus, VP of Worldwide Sales & Marketing (Age 58)

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 Cullinan Associates Inc. (0.08%), State of Alaska Department of Revenue (0.04%), Nisa Investment Advisors LLC (0.04%), Manning & Napier Group LLC (0.03%), OLD National Bancorp IN (0.02%) and DNB Asset Management AS (0.02%). Company insiders that own Maxim Integrated Products stock include Bruce E Kiddoo, Bryan Preeshl, Christopher J Neil, David Loftus, Edwin Medlin, James R Bergman, Jon Imperato, 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 Cullinan Associates Inc., PGGM Investments, Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, IFM Investors Pty Ltd, IFP Advisors Inc and Gateway Investment Advisers LLC. Company insiders that have sold Maxim Integrated Products company stock in the last year include Bruce E Kiddoo, David Loftus, Edwin Medlin, James R Bergman, Jon Imperato, 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 Assenagon Asset Management S.A., DNB Asset Management AS, AE Wealth Management LLC, Inlet Private Wealth LLC, Manning & Napier Group LLC, Donaldson Capital Management LLC, Cerebellum GP LLC and Allred Capital Management 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, Robinhood, Fidelity and Charles Schwab.

What is Maxim Integrated Products' stock price today?

One share of MXIM stock can currently be purchased for approximately $61.37.

How big of a company is Maxim Integrated Products?

Maxim Integrated Products has a market capitalization of $16.61 billion and generates $2.31 billion in revenue each year. The semiconductor company earns $827.49 million in net income (profit) each year or $2.43 on an earnings per share basis. Maxim Integrated Products employs 7,131 workers across the globe.View Additional Information About Maxim Integrated Products.

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:		2.5 out of 5 ( )
Outperform Votes:		796 (Vote Outperform)
Underperform Votes:		824 (Vote Underperform)
Total Votes:		1,620

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 1/18/2020 by MarketBeat.com Staff

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