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 most optimistic analyst gave a price target of 54, implying a possible profit of 18.76 percent. The most pessimistic analyst gave a price target of 37, implying potential capital losses 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. The average change in earnings estimates over the last 90 days is -5.98 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.89 percent, as compared to a month ago. 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. 2 analysts made positive revisions to their quarterly estimates over the past month, 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. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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.
MXIM has a 52-week high of 49.70 and a 52-week low of 37.25. Today's price is 22.07 percent above the 52-week low, and 8.51 percent below the 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.