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

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$52.21 +0.52 (+1.01 %)
(As of 01/16/2019 03:24 PM ET)
Previous Close$51.69
Today's Range$51.52 - $52.59
52-Week Range$46.64 - $74.94
Volume132,323 shs
Average Volume2.60 million shs
Market Capitalization$14.16 billion
P/E Ratio19.28
Dividend Yield3.60%
Beta1.31
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.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Current SymbolNASDAQ:MXIM
CUSIP57772K10
Phone408-601-1000

Debt

Current Ratio3.57
Quick Ratio3.27

Price-To-Earnings

Sales & Book Value

Annual Sales$2.48 billion
Price / Sales5.83
Cash Flow$3.3576 per share
Price / Cash Flow15.55
Book Value$6.90 per share
Price / Book7.57

Profitability

Net Income$467.31 million
Net Margins20.06%
Return on Assets17.89%

Miscellaneous

Employees7,149
Market Cap$14.16 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 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date of this dividend is Wednesday, November 28th. 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 repurchase plan on Friday, July 21st 2017, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 7.4% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board believes its stock is undervalued.

How were Maxim Integrated Products' earnings last quarter?

Maxim Integrated Products Inc. (NASDAQ:MXIM) issued its earnings results on Tuesday, October, 30th. The semiconductor company reported $0.75 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.75. The semiconductor company had revenue of $638.50 million for the quarter, compared to analysts' expectations of $635.19 million. Maxim Integrated Products had a net margin of 20.06% and a return on equity of 41.83%. Maxim Integrated Products's revenue was up 10.9% compared to the same quarter last year. During the same period last year, the firm posted $0.60 EPS. 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 29th 2019. 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 29th 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 issued an update on its second quarter earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of $0.59 to $0.65 for the period, compared to the Thomson Reuters consensus 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?

19 Wall Street analysts have issued 1-year price targets for Maxim Integrated Products' shares. Their forecasts range from $50.00 to $71.00. On average, they expect Maxim Integrated Products' share price to reach $59.8235 in the next year. This suggests a possible upside of 14.4% 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, 13 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 high dependence on Samsung is a risk to its growth trajectory. Also, the company is suffering from sluggish bookings and weakening momentum across its customers. These are affecting the company’s position in the industrial market. Further, it is experiencing seasonal fluctuations in the consumer market which remains an overhang. Also, slowing shipment of 100G optical module is likely to impact the company’s performance in data center market. However, Maxim’s solid momentum across the automotive market remains a major positive. Further, the company remains optimistic about its flexible manufacturing strategy which is expected to aid margin expansion. Estimates have been stable lately ahead of the company’s fiscal Q2 earnings release. The company has positive record of earnings surprises in recent quarters. Notably, the stock has outperformed the industry it belongs to over a year." (1/16/2019)
  • 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 been trending positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 2.8 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the stock's share price in the next few days.

Are investors shorting Maxim Integrated Products?

Maxim Integrated Products saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 13,241,440 shares, a drop of 13.3% from the December 14th total of 15,273,805 shares. Based on an average trading volume of 2,994,619 shares, the short-interest ratio is presently 4.4 days. Approximately 4.8% of the shares of the company are sold short. View Maxim Integrated Products' Current Options Chain.

Who are some of Maxim Integrated Products' key competitors?

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, 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 many different of institutional and retail investors. Top institutional shareholders include KAMES CAPITAL plc (0.19%), Cullinan Associates Inc. (0.08%), Retirement Systems of Alabama (0.05%), State of Alaska Department of Revenue (0.04%), Gulf International Bank UK Ltd (0.02%) and Boussard & Gavaudan Investment Management LLP (0.02%). 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 major investors are selling Maxim Integrated Products stock?

MXIM stock was sold by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Cullinan Associates Inc., Gulf International Bank UK Ltd, Narwhal Capital Management, DNB Asset Management AS and Bainco International Investors. 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 major investors are buying Maxim Integrated Products stock?

MXIM stock was bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Boussard & Gavaudan Investment Management LLP, TrimTabs Asset Management LLC, Gateway Investment Advisers LLC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. 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 $52.29.

How big of a company is Maxim Integrated Products?

Maxim Integrated Products has a market capitalization of $14.16 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?

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:  2.4 out of 5 (star star)
Outperform Votes:  660 (Vote Outperform)
Underperform Votes:  719 (Vote Underperform)
Total Votes:  1,379
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 1/16/2019 by MarketBeat.com Staff

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