Many Maxim Integrated Products, Inc.(MXIM) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Drexel Hamilton on Jan 27, 2017 to Buy, Raises Price Target to $ 52 from a previous price target of $46 .Maxim Integrated Products was Upgraded by BofA/Merrill to Buy on Jan 27, 2017. Company shares were Reiterated by Stifel on Jan 27, 2017 to Buy, Raises Price Target to $ 50 from a previous price target of $44 .Company shares were Reiterated by RBC Capital Mkts on Jan 27, 2017 to Sector Perform, Raises Price Target to $ 45 from a previous price target of $40 .Maxim Integrated Products was Initiated by Loop Capital to Buy on Dec 6, 2016.
Company has reported several Insider transactions to the SEC, on Feb 10, 2017, Vivek Jain (SENIOR VP) sold 10,000 shares at 45.26 per share price.On Feb 9, 2017, Bruce E Kiddoo (SENIOR VP, CFO and CAO) sold 25,000 shares at 44.90 per share price.On Feb 3, 2017, Tunc Doluca (PRESIDENT, CEO & DIRECTOR) sold 24,500 shares at 44.54 per share price.
Maxim Integrated Products Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.43. The company had revenue of $551.00 million for the quarter, compared to analysts expectations of $540.48 million. The companys revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.
Maxim Integrated Products, Inc. (NASDAQ:MXIM) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.38 by 19 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 9 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.
Maxim Integrated Products, Inc. (NASDAQ:MXIM): The stock price is expected to reach $ 44.06 in the short term. The number of analysts agreeing with this consensus is 17. The higher estimate for the short term price target is at $52 while the lower estimate is at $22. The standard deviation of the price stands at $7.37.
Maxim Integrated Products, Inc. (NASDAQ:MXIM) witnessed a decline in the market cap on Tuesday as its shares dropped 0.89% or 0.4 points. After the session commenced at $44.87, the stock reached the higher end at $45.13 while it hit a low of $44.57. With the volume soaring to 1,327,163 shares, the last trade was called at $44.63. The company has a 52-week high of $45.58. The company has a market cap of $12,617 million and there are 282,691,390 shares in outstanding. The 52-week low of the share price is $32.01.
Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a broad range of linear and mixed-signal integrated circuits, commonly referred to as analog circuits. The company also provides a range of high-frequency design processes and capabilities that can be used in custom design.