MaxLinear MXL Q1 Earnings Top Estimates April 26, 2023

Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Another stock from the same industry, Magnachip , has yet to report results for the quarter ended March 2023. WATERLOO, Ontario—-Cognitive Systems Corp. announced today that its highly-accurate WiFi Motion™ detection software will be integrated into MaxLinear’s cutting-edge broadband and acce…

The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.

How we use your personal data

We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings.

Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. Free Report) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.71 per share. The chips industry’s long-term prospects look promising due to the exponential rise in demand. While Taiwan Semiconductor has gained significant popularity among investors, United Microelectronic… Live educational sessions using site features to explore today’s markets. As an investor, you want to buy stocks with the highest probability of success.

Information Technology Stocks Moving In Thursday’s Pre-Market Session

MaxLinear does not have a long track record of dividend growth. There is no current short interest data available for MXL. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Free Report) , has yet to report results for the quarter ended March 2023. Right-click on the chart to open the Interactive Chart menu. For US and Canadian Stocks, the Overview page includes key statistics on the stock’s fundamentals, with a link to see more.

It is a provider of communications https://1investing.in/-on-chip , solutions used in broadband, mobile and wireline infrastructure, data center, and industrial and multi-market applications. The company was founded by Kimihiko Imura, Curtis C. Ling and Kishore V. Seendripu on September 25, 2003 and is headquartered in Carlsbad, CA. The company offers broadband radio transceiver front ends, data … The company’s radio frequency receiver products capture and process digital and analog broadband signals to be decoded for various applications. MaxLinear’s product options include both radio frequency receivers and radio frequency receiver systems-on-chips.

In 2020 the company acquired NanoSemi for its machine learning techniques to improve signal integrity and power efficiency in communication and artificial intelligence systems. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Barchart is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve our web experience, and encourage users to Contact Us for feedback and accommodation requests.

CompareMXL’s historical performanceagainst its industry peers and the overall market. Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues. Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion. Magnachip’s revenues are expected to be $57 million, down 45.2% from the year-ago quarter. By creating a free account, you agree to our terms of service.

Silicon Motion has $42 Upside and $9 Downside, Analyst Argues

MaxLinear Inc 52 week high is $53.65 as of April 28, 2023. MaxLinear shares have lost about 13.9% since the beginning of the year versus the S&P 500’s gain of 6.1%. Only 2 people have added MaxLinear to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

The company’s average rating score is 2.71, and is based on 6 buy ratings, no hold ratings, and 1 sell rating. According to 9 analysts, the average rating for MXL stock is “Strong Buy.” The 12-month stock price forecast is $40.56, which is an increase of 68.23% from the latest price. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.

• The positive contribution in the “Knowledge infrastructure” impact category is mostly driven by its “Optical transceivers”, “Fiber-optic connectors”, “Network switches”, and “Modems” products.
• Over the last four quarters, the company has surpassed consensus EPS estimates four times.
• In terms of the Zacks Industry Rank, Semiconductor – Analog and Mixed is currently in the top 25% of the 250 plus Zacks industries.
• These products and services are usually sold through license agreements or subscriptions.
• And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
• Magnachip’s revenues are expected to be $57 million, down 45.2% from the year-ago quarter.

Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies. Investing.com – MaxLinear reported on Tuesday third quarter erl-21036||earnings that beat analysts’ forecasts and revenue that topped expectations. MaxLinear sells its products to original equipment manufacturers , module makers and original design manufacturers . The Price-to-Earnings (or P/E) ratio is a commonly used tool for valuing a company. It’s calculated by dividing the current share price by the earnings per share .

Quote Overview

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. These returns cover a period from January 1, 1988 through March 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

• Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better.
• It stands for Earnings before Interest, Taxes, Depreciation, and Amortization.
• 7 Wall Street research analysts have issued 12-month target prices for MaxLinear’s shares.
• Only 2 people have added MaxLinear to their MarketBeat watchlist in the last 30 days.
• Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.

economy dictionary definition Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Provide specific products and services to you, such as portfolio management or data aggregation. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

MaxLinear, Inc. Announces Third Quarter 2022 Financial Results

As of July 2012, the prototype IP-LNB was being developed into a commercial product. In November 2009, MaxLinear announced it intended to go public. At the time of the IPO, MaxLinear’s venture investors included Mission Ventures in San Diego, U.S. Venture Partners, Battery Ventures and UMC Capital. MaxLinear raised around $35 million in venture capital prior to the IPO, spending around half of it. By the end of 2009, the company had $17.9 million in cash.

The company’s products enable the distribution and display of broadband video and data content in a wide range of electronic devices. Customers for MaxLinear include original equipment manufacturers, module makers, and original design manufacturers. MaxLinear Inc share price live 24.12, this page displays NASDAQ MXL stock exchange data. View the MXL premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the MaxLinear Inc real time stock price chart below.

MaxLinear has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Announced the development by Inverto, Abilis and MaxLinear Inc of a prototype Sat-IP LNB (IP-LNB), which was demonstrated at a conference held at SES’ headquarters in Luxembourg. The IP-LNB incorporates eight-channel satellite-to-IP bridging technology to deliver eight concurrent channels via IP unicast or multicast to fixed and portable client devices.

Realtime quote and/or trades are not sourced from all markets. There may be delays, omissions, or inaccuracies in the Information. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. Verify your identity, personalize the content you receive, or create and administer your account.

It can also be calculated by dividing the company’s Market Cap by the Net Profit. This chip products maker is expected to post quarterly loss of $0.27 per share in its upcoming report, which represents a year-over-year change of -196.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead.

6 people have searched for MXL on MarketBeat in the last 30 days. MarketBeat has tracked 16 news articles for MaxLinear this week, compared to 4 articles on an average week. MaxLinear has received a 15.10% net impact score from Upright. MaxLinear seems to create the most significant positive value in categories “Taxes”, “Knowledge infrastructure”, and “Jobs”. The positive contribution in the “Knowledge infrastructure” impact category is mostly driven by its “Optical transceivers”, “Fiber-optic connectors”, “Network switches”, and “Modems” products. Regulatory risk is king in the mergers and acquisitions (M&A) world as of late, both in the US and abroad.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of MXL stock can currently be purchased for approximately $24.20. In the past three months, MaxLinear insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,723,559.00 in company stock.

The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy.