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
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 Ratio28.49
Forward P/E Ratio22.53
P/E Growth2.21
Sales & Book Value
Annual Sales$2.30 billion
Price / Sales7.36
Cash Flow$2.7301 per share
Price / Cash22.12
Book Value$7.80 per share
Price / Book7.74
Profitability
EPS (Most Recent Fiscal Year)$2.12
Net Income$571.61 million
Net Margins17.82%
Return on Equity35.78%
Return on Assets16.31%
Miscellaneous
Employees7,040
Outstanding Shares279,680,000
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, April 26th. Investors of record on Thursday, May 31st will be given a dividend of $0.42 per share on Thursday, June 14th. This represents a $1.68 annualized dividend and a yield of 2.78%. The ex-dividend date of this dividend is Wednesday, May 30th. 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 stock repurchase program 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 buy up to 7.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.
How were Maxim Integrated Products' earnings last quarter?
Maxim Integrated Products Inc. (NASDAQ:MXIM) issued its quarterly earnings data on Thursday, April, 26th. The semiconductor company reported $0.73 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.70 by $0.03. The semiconductor company earned $648.60 million during the quarter, compared to analysts' expectations of $640.50 million. Maxim Integrated Products had a net margin of 17.82% and a return on equity of 35.78%. The business's revenue for the quarter was up 11.6% on a year-over-year basis. During the same period last year, the company posted $0.56 earnings per share. 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 fourth quarter earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) guidance of $0.67-0.73 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.70. The company issued revenue guidance of $610-650 million, compared to the consensus revenue estimate of $643.04 million.
What price target have analysts set for MXIM?
17 equities research analysts have issued twelve-month target prices for Maxim Integrated Products' stock. Their predictions range from $44.00 to $70.00. On average, they expect Maxim Integrated Products' stock price to reach $58.20 in the next year. 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 third-quarter results, which were driven by its strength across all the end markets, especially in automotive and industrial end markets. Growth in infotainment and medical contents positively contributed to strong performance of the company in these markets. Moreover, improved smartphone shipments and robust 100G optical products continued to benefit the company’s revenues in consumer and communication markets. We believe Maxim’s diversified product portfolio will continue to provide flexibility and stability to the business. Moreover, shifting to advanced node process technology development will continue to bring in growth opportunities. Notably, the stock has outperformed the industry it belongs over a year. However, softness in communications infrastructure remains a concern. Further, high dependence on Samsung poses significant threat to the company’s growth trajectory." (4/30/2018)
- 2. Maxim Group analysts commented, "MXIM reported upside results with F2Q (Dec) $623M/$0.65 edging the Street’s $621M/$0.65E. F3Q (Mar) outlook impressed further, with expected sales/EPS of $640M/$0.69 vs. consensus $602M/$0.63E. Importantly, the magnitude of the raise was more pronounced vs. TXN’s, with growth expected across all core segments. Auto/Industrial (50% combined) grew double-digits (%) in F2Q and expected up again strongly in F3Q. Consumer is also expected up significantly ahead of Samsung’s latest flagship launch. GM was 90bps above expectations and should drift higher going forward. Mgmt highlighted steady lead times, in-line channel inventory and few signs of double-ordering. Mgmt’s focus on FCF is bearing fruit, evidenced by the decision to increase return from 80% to 100%. At current levels we see risk/reward balanced and remain sidelined for now." (1/26/2018)
Are investors shorting Maxim Integrated Products?
Maxim Integrated Products saw a decline in short interest during the month of May. As of May 31st, there was short interest totalling 4,882,486 shares, a decline of 23.8% from the May 15th total of 6,406,287 shares. Based on an average daily trading volume, of 2,048,733 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.8% of the company's stock are short sold. 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 Applied Materials (AMAT), NXP Semiconductors (NXPI), Analog Devices (ADI), Infineon Technologies (IFNNY), TOKYO ELECTRON/ADR (TOELY), Microchip Technology (MCHP), STMicroelectronics (STM), Kyocera (KYO), Skyworks Solutions (SWKS), Xilinx (XLNX), Advanced Micro Devices (AMD), IPG Photonics (IPGP), Marvell Technology Group (MRVL), ON Semiconductor (ON) 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)
Has Maxim Integrated Products been receiving favorable news coverage?
News headlines about MXIM stock have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Maxim Integrated Products earned a coverage optimism score of 0.01 on Accern's scale. They also gave news stories about the semiconductor company an impact score of 47.52 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Maxim Integrated Products' major shareholders?
Maxim Integrated Products' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.18%), American Century Companies Inc. (4.42%), OppenheimerFunds Inc. (3.81%), Wells Fargo & Company MN (2.45%), FIL Ltd (1.10%) and Northern Trust Corp (1.06%). Company insiders that own Maxim Integrated Products stock include A R Frank Wazzan, Anthony Stratakos, Bruce E Kiddoo, Bryan Preeshl, Christopher J Neil, David Caron, David Loftus, Edwin Medlin, James R Bergman, Joseph R Bronson, Mary Ann Wright, Robert Edward Grady, Steven T Yamasaki, Sumeet Gagneja, Tunc Doluca, Vivek Jain and William D Watkins. View Institutional Ownership Trends for Maxim Integrated Products.
Which major investors are selling Maxim Integrated Products stock?
MXIM stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., OppenheimerFunds Inc., American Century Companies Inc., Northern Trust Corp, Bahl & Gaynor Inc., Principal Financial Group Inc., Principal Financial Group Inc. and Victory Capital Management Inc.. 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 major investors are buying Maxim Integrated Products stock?
MXIM stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Robecosam AG, Eagle Asset Management Inc., Carillon Tower Advisers Inc., WBI Investments Inc., KBC Group NV, Millennium Management LLC and PNC Financial Services Group 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 $60.39.
How big of a company is Maxim Integrated Products?
Maxim Integrated Products has a market capitalization of $16.97 billion and generates $2.30 billion in revenue each year. The semiconductor company earns $571.61 million in net income (profit) each year or $2.12 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 (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.
