Analyst Ratings for MaxLinear Inc. (MXL)

Updated: 2017-07-27

MaxLinear Inc. (NYSE:MXL) was awarded an average rating of Buy from investment analysts following the stock. About 30 days ago, MXL was issued an average rating of Buy.

7 analysts declared MXL a buy, 0 issued an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for MXL. The maximum price target given was 53, implying a possible profit of 102.52 percent. The lowest price target was 32, implying a possible loss of 22.28 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -11.69 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 -0.45 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.6 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of MXL's earnings is estimated by analysts to be 51.5 percent. Another measure frequently examined by investors is the 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. MXL has a PEG ratio of 0.72.

In the last 52-weeks, MXL has achieved a high of 32.47 and a low of 17.13. Today's price is 52.77 percent above the 52-week low, and below the high by 19.4 percent. MXL has a P/E ratio of 36.86. Investors typically compare the P/E ratio to a company's peers in the industry. The MXL value stock report compares MXL to some of its peers using value stock charts. The stock has a market capitalization of $1.76 billion. MXL's next earnings release will be on 0000-00-00, which is days away.