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.

Several price targets were given for MXL by the analysts covering the stock. The maximum price target given was 53, implying potential capital gains of 102.52 percent. The most pessimistic analyst gave a price target of 32, which equates to a potential downside of 22.28 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.45 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.6 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MXL is 0.72.

In the trailing 52-weeks, MXL hit 32.47 at the highest peak, while it's lowest trading point was 17.13. The current market price is above the trailing year's low by 52.77 percent, and below the high by 19.4 percent. MXL has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.