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.

Several price targets were given for MXIM by the analysts covering the stock. The highest price target was 54, which equates to a potential upside of 18.76 percent. The most pessimistic analyst gave a price target of 37, implying a possible loss of -18.63 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates downwards for this quarter, by about -5.17 percent on average, compared to last month. 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. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 7 analysts made negative revisions. Also over the last month, 4 analysts increased their estimates for the FY earnings, compared to 6 analysts that revised their FY estimates downwards.

MXIM has an estimated earnings growth rate of 17.24 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.