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.

MXL was given price targets by several analysts. The most optimistic analyst gave a price target of 53, which equates to a potential upside of 102.52 percent. The most pessimistic price target was 32, implying a possible loss of 22.28 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.45 percent, as compared to a month ago. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

MXL has an estimated earnings growth rate of 51.5 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. MXL has a PEG ratio of 0.72.

MXL has traded between a high of 32.47 and a low of 17.13 over the past year. The current market price is above the trailing year's low by 52.77 percent, and 19.4 percent below the high. 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 market cap of MXL is $1.76 billion. MXL's next earnings release will be on 0000-00-00, which is days away.