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

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$52.63 -0.96 (-1.79 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$53.59
Today's Range$51.62 - $53.23
52-Week Range$46.64 - $63.68
Volume2.07 million shs
Average Volume1.99 million shs
Market Capitalization$14.39 billion
P/E Ratio19.42
Dividend Yield3.43%
Beta1.35
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$3.2288 per share
Book Value$6.08 per share

Profitability

Net Income$467.31 million

Miscellaneous

Employees7,149
Market Cap$14.39 billion
Next Earnings Date7/25/2019 (Estimated)
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 announced a quarterly dividend on Tuesday, April 30th. Stockholders of record on Thursday, May 30th will be given a dividend of $0.46 per share on Friday, June 14th. This represents a $1.84 annualized dividend and a dividend yield of 3.50%. The ex-dividend date is Wednesday, May 29th. View Maxim Integrated Products' Dividend History.

How will Maxim Integrated Products' stock buyback program work?

Maxim Integrated Products declared that its board has authorized a stock buyback plan on Friday, July 21st 2017, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

How were Maxim Integrated Products' earnings last quarter?

Maxim Integrated Products Inc. (NASDAQ:MXIM) issued its quarterly earnings results on Tuesday, April, 30th. The semiconductor company reported $0.52 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.52. The semiconductor company earned $542.38 million during the quarter, compared to the consensus estimate of $540.17 million. Maxim Integrated Products had a return on equity of 40.16% and a net margin of 27.36%. The company's revenue for the quarter was down 16.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.73 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 Thursday, July 25th 2019. View Earnings Estimates for Maxim Integrated Products.

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

Maxim Integrated Products issued an update on its fourth quarter earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of $0.54 to $0.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.57. The company issued revenue guidance of $540 million to $580 million, compared to the consensus revenue estimate of $562.93 million.Maxim Integrated Products also updated its Q4 2019 guidance to $0.54-0.60 EPS.

What price target have analysts set for MXIM?

17 brokerages have issued 1-year price objectives 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 $61.3529 in the next year. This suggests a possible upside of 16.6% from the stock's current price. View Analyst Price Targets for Maxim Integrated Products.

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

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maxim Integrated Products in the last year. There are currently 1 sell rating, 11 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 reported fiscal third quarter results which benefited from its continued strength in the automotive market despite the sluggishness in the demand environment. The company continued to ride on increasing production of electric vehicle which boosted the adoption rate of its battery management system products. The company also gained from its strengthening content in driver assistance applications. Further, the company benefited from its flexible manufacturing strategy. Also, Maxim expects to gain from content growth in factory automation which is likely to drive revenues in the industrial market. However, we note that this market along with consumer and communications and data centre markets performed weak in the reported quarter due to weak demand conditions. Softness in smartphone business and slowdown of 100G laser driver shipment also remained concerns . The stock has underperformed the industry it belongs to over a year." (5/3/2019)
  • 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?

News coverage about MXIM stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Maxim Integrated Products earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave press coverage about the semiconductor company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the company's share price in the near future.

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), QUALCOMM (QCOM), Intel (INTC), Starbucks (SBUX), Home Depot (HD), Johnson & Johnson (JNJ), Micron Technology (MU) and Verizon Communications (VZ).

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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.53%), American Century Companies Inc. (3.74%), Wellington Management Group LLP (3.26%), OppenheimerFunds Inc. (2.87%), American International Group Inc. (2.66%) and Wells Fargo & Company MN (2.00%). 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 institutional investors are selling Maxim Integrated Products stock?

MXIM stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, Renaissance Technologies LLC, Principal Financial Group Inc., Morgan Stanley, AQR Capital Management LLC, American International Group Inc. and Wellington Management Group LLP. 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, 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 FIL Ltd, Voya Investment Management LLC, First Trust Advisors LP, Geode Capital Management LLC, Charles Schwab Investment Management Inc., Los Angeles Capital Management & Equity Research Inc., Lazard Asset Management LLC 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 $52.63.

How big of a company is Maxim Integrated Products?

Maxim Integrated Products has a market capitalization of $14.39 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:  705 (Vote Outperform)
Underperform Votes:  757 (Vote Underperform)
Total Votes:  1,462
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 5/20/2019 by MarketBeat.com Staff

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