Analyst Ratings for Maxim Integrated Products Inc. (MXIM)

Updated: 2017-07-29

An average rating of Overweight has been given to Maxim Integrated Products Inc. (NASDAQ:MXIM) by analysts covering the stock. Last month, MXIM received an average rating of Overweight.

10 analysts declared MXIM a buy, 1 issued an overweight rating, 15 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for MXIM. The maximum price target given was 54, implying a possible profit of 18.76 percent. The lowest price target was 37, which equates to a potential downside of -18.63 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5.17 percent. That number becomes -5.98 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -1.89 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -2.3 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 7 analysts made negative revisions. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 6 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of MXIM to grow at a rate of 17.24 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. MXIM has a PEG ratio of 1.33.

In the trailing 52-weeks, MXIM hit 49.70 at the highest peak, while it's lowest trading point was 37.25. Currently the stock is 22.07 percent higher than its low, and 8.51 percent lower than its 52-week high. MXIM has a P/E ratio of 22.85. Investors typically compare the P/E ratio to a company's peers in the industry. The MXIM value stock report compares MXIM to some of its peers using value stock charts. The market cap of MXIM is $12.88 billion. MXIM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.