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.

MXIM was given price targets by several analysts. The most optimistic price target was 54, implying a possible profit of 18.76 percent. The most pessimistic price target was 37, which equates to a potential downside of -18.63 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5.17 percent. The average change in earnings estimates over the last 90 days is -5.98 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 7 analysts that decreased their estimates. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 6 analysts decreased their estimates.

The growth rate of MXIM's earnings is estimated by analysts to be 17.24 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. MXIM has a PEG ratio of 1.33.

In the last 52-weeks, MXIM has achieved a high of 49.70 and a low of 37.25. Currently the stock is 22.07 percent higher than its low, and below the high by 8.51 percent. MXIM has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.