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
Stock Exchange NASDAQ
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 Ratio28.92
Forward P/E Ratio23.04
P/E Growth2.02
Sales & Book Value
Annual Sales$2.30 billion
Price / Sales7.52
Cash Flow$2.7920 per share
Price / Cash22.12
Book Value$7.80 per share
Price / Book7.92
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
Market Cap$16,968.05
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. Stockholders of record on Thursday, May 31st will be paid a dividend of $0.42 per share on Thursday, June 14th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.73%. 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 announced that its Board of Directors has authorized a share buyback program on Friday, July 21st 2017, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.4% of its shares through open market purchases. Shares repurchase programs are generally 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) released its earnings results on Thursday, April, 26th. The semiconductor company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.70 by $0.03. The semiconductor company had revenue of $648.60 million for the quarter, compared to the consensus estimate of $640.50 million. Maxim Integrated Products had a net margin of 17.82% and a return on equity of 35.78%. The firm's revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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 issued an update on its fourth quarter earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $0.67-0.73 for the period, compared to the Thomson Reuters consensus 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?
16 brokerages have issued 1-year price objectives for Maxim Integrated Products' stock. Their forecasts range from $44.00 to $70.00. On average, they expect Maxim Integrated Products' stock price to reach $58.20 in the next year. This suggests that the stock has a possible downside of 5.5%. View Analyst Ratings 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 11 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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 revenues from consumer segment are likely to get impacted by weakness in the smartphone market. Moreover, softness in communications infrastructure remains a concern. This will affect the company’s top-line growth negatively. Further, customer concentration remains a serious concern. High dependency on Samsung poses significant threat to the company’s growth trajectory. Additionally, foreign exchange rate fluctuations are headwinds. Howerver, Maxim’s diversified product portfolio provides flexibility and stability to the business. Additionally, its strength across automotive and industrial end markets remains positive. Notably, the shares of the company have outperformed the industry it belongs to in the past year." (6/28/2018)
- 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)
Who are some of Maxim Integrated Products' key competitors?
Some companies that are related to Maxim Integrated Products include Micron Technology (MU), Applied Materials (AMAT), Analog Devices (ADI), NXP Semiconductors (NXPI), 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) 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?
Headlines about MXIM stock have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Maxim Integrated Products earned a media sentiment score of 0.11 on Accern's scale. They also gave news headlines about the semiconductor company an impact score of 44.72 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Maxim Integrated Products' major shareholders?
Maxim Integrated Products' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include KAMES CAPITAL plc (0.30%), Cullinan Associates Inc. (0.09%), Westpac Banking Corp (0.08%), Bank of Montreal Can (0.07%), NN Investment Partners Holdings N.V. (0.03%) and Thompson Investment Management Inc. (0.03%). 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 institutional investors are selling Maxim Integrated Products stock?
MXIM stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Ltd, State of Alaska Department of Revenue, Oakbrook Investments LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, Thompson Investment Management Inc., Account Management LLC and Trust Co. of Vermont. 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 institutional investors are buying Maxim Integrated Products stock?
MXIM stock was acquired by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Westpac Banking Corp, Clinton Group Inc., Cullinan Associates Inc., Manning & Napier Group LLC, Bank of Montreal Can, Rand Wealth LLC and Xact Kapitalforvaltning AB. 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 $61.59.
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 k[email protected]
MarketBeat Community Rating for Maxim Integrated Products (NASDAQ 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.
