Analysts See $0.75 EPS for Maxim Integrated Products, Inc. (MXIM)

September 16, 2018 - By Robert Shackelford

Maxim Integrated Products, Inc. (NASDAQ:MXIM) LogoInvestors sentiment increased to 0.95 in Q2 2018. Its up 0.06, from 0.89 in 2018Q1. It is positive, as 33 investors sold Maxim Integrated Products, Inc. shares while 152 reduced holdings. 52 funds opened positions while 123 raised stakes. 247.17 million shares or 1.14% less from 250.01 million shares in 2018Q1 were reported.
Ing Groep Nv invested 0.04% of its portfolio in Maxim Integrated Products, Inc. (NASDAQ:MXIM). 10,000 were reported by Choate Inv. Guggenheim Capital Ltd Liability owns 91,385 shares. Meiji Yasuda Asset Mgmt Limited invested 0.02% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Pinebridge L P reported 3,581 shares. Amer Century Companies holds 0.73% of its portfolio in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 12.40 million shares. Rafferty Asset Management Ltd Company invested 0.29% of its portfolio in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Element Capital Management Limited Co accumulated 31,059 shares. Account Mgmt Llc holds 3.26% in Maxim Integrated Products, Inc. (NASDAQ:MXIM) or 65,630 shares. Savings Bank Of Ny Mellon Corp stated it has 0.17% of its portfolio in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Ferguson Wellman Capital Management holds 0.02% or 11,015 shares. San Francisco Sentry Inv Gru (Ca) holds 0.01% in Maxim Integrated Products, Inc. (NASDAQ:MXIM) or 359 shares. Sei reported 221,712 shares. Narwhal Cap Mgmt has invested 0.67% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Aperio Gru Limited Com invested 0.03% of its portfolio in Maxim Integrated Products, Inc. (NASDAQ:MXIM).

Since April 2, 2018, it had 0 insider buys, and 15 insider sales for $3.97 million activity. Shares for $1.69M were sold by DOLUCA TUNC. On Monday, June 4 the insider Preeshl Bryan sold $72,698. Gagneja Sumeet sold $46,640 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) on Monday, May 21. Jain Vivek sold 1,793 shares worth $108,314. Wright Mary Ann had sold 440 shares worth $25,304. BRONSON JOSEPH R sold 5,000 shares worth $270,407.

Analysts expect Maxim Integrated Products, Inc. (NASDAQ:MXIM) to report $0.75 EPS on October, 18.They anticipate $0.15 EPS change or 25.00 % from last quarter’s $0.6 EPS. MXIM’s profit would be $208.51 million giving it 19.30 P/E if the $0.75 EPS is correct. After having $0.73 EPS previously, Maxim Integrated Products, Inc.’s analysts see 2.74 % EPS growth. The stock increased 0.33% or $0.19 during the last trading session, reaching $57.91. About 1.67 million shares traded. Maxim Integrated Products, Inc. (NASDAQ:MXIM) has risen 23.43% since September 16, 2017 and is uptrending. It has outperformed by 7.81% the S&P500.

Maxim Integrated Products, Inc. (NASDAQ:MXIM) Ratings Coverage

Among 8 analysts covering Maxim Integrated (NASDAQ:MXIM), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Maxim Integrated had 10 analyst reports since April 27, 2018 according to SRatingsIntel. Stifel Nicolaus downgraded Maxim Integrated Products, Inc. (NASDAQ:MXIM) rating on Wednesday, September 12. Stifel Nicolaus has “Hold” rating and $65 target. The rating was maintained by Citigroup on Monday, April 30 with “Neutral”. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, July 27. The stock of Maxim Integrated Products, Inc. (NASDAQ:MXIM) earned “Buy” rating by Drexel Hamilton on Friday, April 27. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, July 27. The stock has “Neutral” rating by Citigroup on Monday, July 30. The firm has “Buy” rating given on Friday, July 27 by Stifel Nicolaus. The rating was maintained by JP Morgan on Friday, July 27 with “Overweight”. The company was downgraded on Friday, July 27 by Summit Insights Group.

Maxim Integrated Products, Inc. designs, develops, makes, and markets a range of linear and mixed-signal integrated circuits in the United States, China, rest of Asia, Europe, and internationally. The company has market cap of $16.10 billion. The firm also provides a range of high-frequency process technologies and capabilities for use in custom designs. It has a 35.31 P/E ratio. It serves automotive, communications and data center, computing, consumer, and industrial markets.

Another recent and important Maxim Integrated Products, Inc. (NASDAQ:MXIM) news was published by Seekingalpha.com which published an article titled: “Stifel downgrades semis on signs of peak” on September 12, 2018.

Maxim Integrated Products, Inc. (NASDAQ:MXIM) Institutional Positions Chart

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