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.

Investment analysts gave a few price targets for MXIM. The highest price target was 54, which equates to a potential upside of 18.76 percent. The minimum price target given was 37, implying potential capital losses of -18.63 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5.17 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.98 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.89 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.3 percent.

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, while 7 analysts made negative revisions. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 6 analysts made negative revisions to their fiscal year's estimates.

The growth rate of MXIM's earnings is estimated by analysts to be 17.24 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of MXIM is 1.33.

In the trailing 52-weeks, MXIM hit 49.70 at the highest peak, while it's lowest trading point was 37.25. Today's price is 22.07 percent above the 52-week low, and 8.51 percent lower than its 52-week high. 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's next earnings release will be on 0000-00-00, which is days away.