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

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$59.16 -0.61 (-1.02 %)
(As of 04/22/2019 02:55 PM ET)
Previous Close$59.77
Today's Range$59.09 - $59.54
52-Week Range$46.64 - $63.68
Volume672,911 shs
Average Volume1.45 million shs
Market Capitalization$16.18 billion
P/E Ratio21.83
Dividend Yield3.08%
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

Price-To-Earnings

Sales & Book Value

Annual Sales$2.48 billion
Cash Flow$3.2544 per share
Book Value$6.90 per share

Profitability

Net Income$467.31 million

Miscellaneous

Employees7,149
Market Cap$16.18 billion
Next Earnings Date4/30/2019 (Confirmed)
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, January 29th. Shareholders of record on Thursday, February 28th will be given a dividend of $0.46 per share on Thursday, March 14th. This represents a $1.84 annualized dividend and a yield of 3.11%. The ex-dividend date is Wednesday, February 27th. View Maxim Integrated Products' Dividend History.

How will Maxim Integrated Products' stock buyback program work?

Maxim Integrated Products announced that its board has approved a share repurchase plan on Friday, July 21st 2017, which allows the company to buyback $1,000,000,000.00 in outstanding 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 often an indication 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 quarterly earnings data on Tuesday, January, 29th. The semiconductor company reported $0.60 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.62 by $0.02. The semiconductor company had revenue of $576.91 million for the quarter, compared to analyst estimates of $590.50 million. Maxim Integrated Products had a return on equity of 42.09% and a net margin of 28.72%. 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, April 30th 2019. View Earnings Estimates for Maxim Integrated Products.

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

Maxim Integrated Products updated its third quarter earnings guidance on Tuesday, January, 29th. The company provided earnings per share (EPS) guidance of $0.49-0.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.64. The company issued revenue guidance of $520-560 million, compared to the consensus revenue estimate of $595.07 million.Maxim Integrated Products also updated its Q3 2019 guidance to $0.49-0.55 EPS.

What price target have analysts set for MXIM?

16 brokerages have issued 12 month price targets for Maxim Integrated Products' shares. Their forecasts range from $50.00 to $71.00. On average, they anticipate Maxim Integrated Products' share price to reach $58.9286 in the next twelve months. This suggests that the stock has a possible downside of 0.5%. View Analyst Price Targets for Maxim Integrated Products.

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

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maxim Integrated Products in the last year. There are currently 2 sell ratings, 10 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 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. Notably, the stock has underperformed the industry it belongs to over a year. The company has mixed record of earnings surprises in recent quarters. Nevertheless, 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. However, Maxim's high dependence on Samsung is a risk to its growth trajectory." (4/16/2019)
  • 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?

News articles about MXIM stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Maxim Integrated Products earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave media coverage about the semiconductor company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the next few days.

Are investors shorting Maxim Integrated Products?

Maxim Integrated Products saw a decrease in short interest during the month of March. As of March 29th, there was short interest totalling 7,482,489 shares, a decrease of 18.1% from the March 15th total of 9,138,768 shares. Based on an average daily trading volume, of 1,497,615 shares, the short-interest ratio is presently 5.0 days. Currently, 2.8% of the shares of the company are short sold. View Maxim Integrated Products' Current Options Chain.

Who are some of Maxim Integrated Products' key competitors?

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 Cisco Systems (CSCO), Alibaba Group (BABA), NVIDIA (NVDA), Intel (INTC), QUALCOMM (QCOM), Starbucks (SBUX), Micron Technology (MU), Home Depot (HD), Verizon Communications (VZ) 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 shareholders include KAMES CAPITAL plc (0.16%), Campbell Newman Asset Management Inc. (0.08%), Nisa Investment Advisors LLC (0.05%), Retirement Systems of Alabama (0.05%), PGGM Investments (0.03%) and Manning & Napier Group LLC (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, 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 PGGM Investments, KAMES CAPITAL plc, Eqis Capital Management Inc., Donaldson Capital Management LLC, Gateway Investment Advisers LLC, DNB Asset Management AS, Liberty Wealth Management LLC and Campbell Newman Asset 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, 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 Pacer Advisors Inc., Sciencast Management LP, Chartwell Investment Partners LLC, Manning & Napier Group LLC, FNY Investment Advisers LLC, Virtu Financial LLC, Narwhal Capital Management and NuWave Investment 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, Scottrade, Fidelity and Charles Schwab.

What is Maxim Integrated Products' stock price today?

One share of MXIM stock can currently be purchased for approximately $59.20.

How big of a company is Maxim Integrated Products?

Maxim Integrated Products has a market capitalization of $16.19 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:  696 (Vote Outperform)
Underperform Votes:  745 (Vote Underperform)
Total Votes:  1,441
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 4/22/2019 by MarketBeat.com Staff

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