MaxLinear (MXL) Given Media Sentiment Score of 0.12
News coverage about MaxLinear (NYSE:MXL) has been trending somewhat positive recently, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MaxLinear earned a news impact score of 0.12 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 46.2451932000915 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- MaxLinear, Inc. (MXL) is at $23.44 per share and DST Systems, Inc. (DST) is listed at $55.49 – Stocks Gallery (stocksgallery.com)
- MaxLinear, Inc. (MXL) returned -16.76% low during past 3 month … – Street Observer (press release) (streetobserver.com)
- JD.com, Inc. (JD) is at $38.34 per share and MaxLinear, Inc. (MXL) is listed at $23.61 – Stocks Gallery (stocksgallery.com)
- The Math Shows XSD Can Go To $74 – Nasdaq (nasdaq.com)
MXL has been the topic of a number of research analyst reports. Stifel Nicolaus boosted their price target on MaxLinear from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Tuesday, July 4th. BidaskClub cut MaxLinear from a “sell” rating to a “strong sell” rating in a report on Thursday, August 24th. Deutsche Bank AG reduced their price objective on MaxLinear from $33.00 to $32.00 and set a “buy” rating on the stock in a research note on Friday, July 21st. Zacks Investment Research downgraded MaxLinear from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Finally, Needham & Company LLC reduced their price objective on MaxLinear from $34.00 to $32.00 and set a “buy” rating on the stock in a research note on Monday, July 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $30.42.
MaxLinear (NYSE MXL) traded up 0.42% during mid-day trading on Wednesday, reaching $23.71. The company’s stock had a trading volume of 207,190 shares. The firm’s 50 day moving average is $22.56 and its 200-day moving average is $26.47. MaxLinear has a 12-month low of $18.26 and a 12-month high of $32.47. The company has a market cap of $1.58 billion, a PE ratio of 43.11 and a beta of 0.58.
MaxLinear (NYSE:MXL) last released its earnings results on Tuesday, August 8th. The semiconductor company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.04. The business had revenue of $104.18 million for the quarter, compared to the consensus estimate of $107.77 million. MaxLinear had a return on equity of 22.29% and a net margin of 9.95%. The business’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.50 earnings per share. Equities analysts anticipate that MaxLinear will post $1.39 earnings per share for the current fiscal year.
MaxLinear, Inc is a provider of radio frequency (RF) and mixed-signal integrated circuits for cable and satellite broadband communications and the connected home, and wired and wireless infrastructure markets. The Company’s RF receiver products capture and process digital and analog broadband signals to be decoded for various applications.
Receive News & Ratings for MaxLinear Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MaxLinear Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.