MXIM stock: buy or sell?
September 20th, 2019
Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits in the United States, China, rest of Asia, Europe, and internationally.
Should I buy MXIM stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading plan that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Maxim Integrated Products stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Maxim Integrated Products stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we gathered 13 ratings published for MXIM stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-31||Cowen||Market Perform||Market Perform|
|2019-5-1||Barclays||Equal Weight||Equal Weight|
|2019-5-1||Bank of America||Neutral||Neutral|
|2019-4-30||Royal Bank of Canada||n/a||Sector Perform|
|2019-1-4||Bank of America||Buy||Neutral|
MXIM stock analysis
Maxim Integrated Products shares dropped -2.62% to $56.95 yesterday.
Maxim Integrated Products shares dropped -2.62% to $56.95 yesterday. Since last September 4th when MXIM stock price broke up the SMA200d line, it gained $3.20 (5.95%). On May, SMA100d and SMA200d crossed up triggering a rise of 8.21%.
Maxim Integrated Products closed this week at $56.95 and fell a terrible -4.43%. Late July MXIM collapsed a dreadful -15.51% in just one week. Late August MXIM climbed a phenomenal 5.24% in just one week.
Maxim Integrated Products stock just marked a top under its last top. Athought it's not something to really worring right now, investors should be aware as this could be a warning for future complications. You should be expectant to Maxim Integrated Products price to not slide under , as this would complicate possible price recovery in the short and mid-term. Since early September when MXIM stock price broke up the SMA40w line, it gained $2.41 (4.42%). Since early May when SMA20w and SMA40w crossed up, MXIM price slipped $-2.52 per share (-4.24%).
MXIM stock price history
MXIM stock went public on February 29th, 1988 with a price of $0.231. Since then, MXIM stock grew a 24,660.90%, with an average of 795.50% per year. If you had invested $1,000 in MXIM stock in 1988, it would worth $246,609.00 today.
1: Adjusted price after possible price splits or reverse-splits.
MXIM stock historical price chart
MXIM stock reached 52-week highs on July at $65.13, and all-time highs 2018-01-29 with a price of 70.86.
MXIM stock price target is $59.60Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' MXIM stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 7 price forecasts for Maxim Integrated Products stock published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-5-1||Deutsche Bank||Raises Target||$60.00||$65.00||8.3%|
|2019-5-1||Bank of America||Reiterates||$60.00||$67.00||11.7%|
|2019-1-14||Evercore ISI||Lowers Target||$60.00||$55.00||-8.3%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report on April, Maxim Integrated Products . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Maxim Integrated Products annual revenues soared a shining 8.04% to $2,480.07 M USD from $2,295.61 marked in 2017. On the other hand, its profit margin (compared to sales) dropped to 18.84%, that is $467.32 million. Maxim Integrated Products fiscal year ends in June, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Maxim Integrated Products TTM sales up to March 2019 were $2,390.94 and earnings $654.10 million dollars. If we compare this TTM figures with the last reported annuality, we can review Maxim Integrated Products business evolution since June 2018: Annual revenues up to March, compared to lastest yearly report, declined a disappointing -3.59%. Instead, profit margin (net income/revenues) rose at 18.84%.
|2013||$2,440 M||-||$452 M18.5%||-|
|2014||$2,450 M||0.41%||$355 M14.5%||-21.56%|
|2015||$2,307 M||-5.84%||$206 M8.9%||-41.93%|
|2016||$2,195 M||-4.86%||$227 M10.4%||10.40%|
|2017||$2,296 M||4.60%||$572 M24.9%||151.29%|
|2018||$2,480 M||8.04%||$467 M18.8%||-18.25%|
|TTM||$2,391 M||-3.59%||$654 M27.4%||39.97%|
Quarterly financial resultsMaxim Integrated Products posted $542.38 million in sales for 2019-Q1, a -5.98% decline compared to previous quarter. Reported quarter income marked $130.61 million with a profit margin of 24.08%. Profit margin stepped up a 1.22% compared to previous quarter when profit margin was 22.86%. When comparing turnover to same quarter last year, Maxim Integrated Products sales marked a scary correction and plummed a -16.38%. Looking back to recent quarterly results, Maxim Integrated Products posted 2 positive quarters in a row.
|2017-Q2||$602 M||-||$163 M27.1%||-|
|2017-Q3||$576 M||-4.37%||$155 M26.8%||-5.38%|
|2017-Q4||$623 M||8.16%||$-75 M-12.0%||-148.54%|
|2018-Q1||$649 M||4.17%||$194 M29.9%||-358.12%|
|2018-Q2||$633 M||-2.38%||$194 M30.7%||0.28%|
|2018-Q3||$638 M||0.84%||$197 M30.9%||1.67%|
|2018-Q4||$577 M||-9.65%||$132 M22.9%||-33.19%|
|2019-Q1||$542 M||-5.98%||$131 M24.1%||-0.97%|
Maxim Integrated Products ownershipWhen you are planning to invest in a company, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Maxim Integrated Products, 0.73% of all outstanding shares are owned by its staff.
Bearish positions for MXIM stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Maxim Integrated Products:
|Market cap||$15.4 B||$42.6 B||$3.2 B||$22.0 B||$7.9 B|
|Total shares||271.3 M||369.4 M||58.1 M||238.0 M||410.5 M|
|Float shares||269.2 M||367.9 M||57.7 M||232.7 M||402.6 M|
|- Institutional holdings (%)||100.0%||92.5%||91.7%||117.6%||98.3%|
|- Insider holdings (%)||0.7%||0.3%||1.0%||2.2%||1.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$56.76 - $58.32|
|Average true range||$1.22|
|50d mov avg||$57.18|
|100d mov avg||$56.74|
|200d mov avg||$54.93|
Maxim Integrated Products performanceTo better understand Maxim Integrated Products performance you must compare its gains with other related stocks in same sector or industry. We compared Maxim Integrated Products against Analog Devices, Cirrus Logic, Microchip Technology, ON Semiconductor, Silicon Laboratories, Semtech, STMicroelectronics and Texas Instruments in the following table:
|MXIMMaxim Integrated ...||-1.61%||6.97%||-0.94%|