MaxLinear (MXL) Receives News Impact Rating of 0.20
News headlines about MaxLinear (NYSE:MXL) have been trending somewhat positive on Friday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. MaxLinear earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 47.0516944513838 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s analysis:
- MXL Makes Bullish Cross Above Critical Moving Average (nasdaq.com)
- MaxLinear inc to Host Earnings Call (finance.yahoo.com)
- MaxLinear, Inc. Announces Third Quarter 2017 Financial Results (finance.yahoo.com)
- MaxLinear reports 3Q loss (finance.yahoo.com)
- Edited Transcript of MXL earnings conference call or presentation 7-Nov-17 9:30pm GMT (finance.yahoo.com)
A number of research firms recently weighed in on MXL. Stifel Nicolaus decreased their target price on MaxLinear from $34.00 to $33.00 and set a “buy” rating on the stock in a research report on Wednesday, August 9th. Deutsche Bank AG decreased their target price on MaxLinear from $32.00 to $30.00 and set a “buy” rating on the stock in a research report on Wednesday, August 9th. Needham & Company LLC decreased their target price on MaxLinear from $34.00 to $32.00 and set a “buy” rating on the stock in a research report on Monday, July 17th. Zacks Investment Research raised MaxLinear from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, BidaskClub downgraded MaxLinear from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company’s stock. MaxLinear has an average rating of “Buy” and an average price target of $30.42.
MaxLinear (NYSE MXL) traded down $0.08 during midday trading on Friday, reaching $25.96. The company’s stock had a trading volume of 695,955 shares, compared to its average volume of 792,196. The company has a quick ratio of 1.64, a current ratio of 2.23 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $1,720.00, a P/E ratio of 22.71, a price-to-earnings-growth ratio of 1.34 and a beta of 0.47. MaxLinear has a 12 month low of $19.22 and a 12 month high of $32.47.
MaxLinear (NYSE:MXL) last released its quarterly earnings data on Tuesday, November 7th. The semiconductor company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.06. The company had revenue of $113.58 million for the quarter, compared to the consensus estimate of $115.77 million. MaxLinear had a return on equity of 20.96% and a net margin of 4.73%. The company’s quarterly revenue was up 17.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.43 earnings per share. equities analysts expect that MaxLinear will post 0.98 EPS for the current year.
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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.
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