$0.55 EPS Expected for Maxim Integrated Products Inc. (MXIM)

September 18, 2017 - By Marguerite Chambers

 $0.55 EPS Expected for Maxim Integrated Products Inc. (MXIM)
Investors sentiment increased to 1.18 in 2016 Q4. Its up 0.08, from 1.1 in 2016Q3. It improved, as 35 investors sold Maxim Integrated Products Inc. shares while 122 reduced holdings. 43 funds opened positions while 143 raised stakes. 252.24 million shares or 0.34% less from 253.09 million shares in 2016Q3 were reported.
Opus Cap Ltd Llc reported 14,650 shares. Dekabank Deutsche Girozentrale has invested 0.02% in Maxim Integrated Products Inc. (NASDAQ:MXIM). Janus Cap Mngmt Ltd Company reported 728,597 shares stake. Jane Street Gru Limited Liability stated it has 0.01% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM). Moreover, Korea has 0% invested in Maxim Integrated Products Inc. (NASDAQ:MXIM). Profund Advsr Lc holds 0.1% or 56,965 shares in its portfolio. Decatur Cap Inc owns 47,904 shares or 0.27% of their US portfolio. Sg Americas Limited Liability Corporation holds 0% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM) for 4,071 shares. Dnb Asset Management As accumulated 26,939 shares or 0% of the stock. Tower Llc (Trc) owns 2,114 shares for 0.01% of their portfolio. Miles owns 25,271 shares. Guggenheim Cap Limited Liability Corporation holds 265,698 shares or 0.03% of its portfolio. Ngam L P has 95,161 shares for 0.04% of their portfolio. 1.39 million were accumulated by Neuberger Berman Group Ltd. Schwab Charles Management has 1.32 million shares for 0.06% of their portfolio.

Since April 3, 2017, it had 0 insider purchases, and 16 selling transactions for $13.71 million activity. $141,000 worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) shares were sold by DOLUCA TUNC. Another trade for 47,700 shares valued at $2.29 million was made by Jain Vivek on Tuesday, May 30. 4,200 shares were sold by WATKINS WILLIAM D, worth $188,696. NEIL CHRISTOPHER J also sold $2.26M worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) on Monday, May 1. Shares for $181,591 were sold by Preeshl Bryan. Shares for $1.44M were sold by MEDLIN EDWIN.

Investors wait Maxim Integrated Products Inc. (NASDAQ:MXIM) to report on October, 19. its quarterly earnings Wall Street analysts expect $0.55 EPS, up $0.07 or 14.58 % from last year’s $0.48 same quarter earnings. This translates into $156.11 million profit for MXIM giving the stock a 21.36 P/E. This is assuming the current $0.55 EPS is accurate. Maxim Integrated Products Inc.’s Wall Street analysts see -12.70 % negative EPS growth, taking into account the $0.63 EPS reproted in the previous quarter, About 1.25M shares traded. Maxim Integrated Products Inc. (NASDAQ:MXIM) has risen 31.27% since September 19, 2016 and is uptrending. It has outperformed by 14.57% the S&P500.

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

Among 26 analysts covering Maxim Integrated Products Inc. (NASDAQ:MXIM), 15 have Buy rating, 2 Sell and 9 Hold. Therefore 58% are positive. Maxim Integrated Products Inc. had 55 analyst reports since July 24, 2015 according to SRatingsIntel. Susquehanna initiated the shares of MXIM in report on Tuesday, September 20 with “Positive” rating. Stifel Nicolaus maintained Maxim Integrated Products Inc. (NASDAQ:MXIM) on Monday, August 14 with “Buy” rating. The firm earned “Hold” rating on Monday, July 17 by B. Riley & Co. The firm has “Buy” rating by Nomura given on Wednesday, December 9. On Friday, January 27 the stock rating was upgraded by Bank of America to “Buy”. Stifel Nicolaus maintained Maxim Integrated Products Inc. (NASDAQ:MXIM) on Friday, January 27 with “Buy” rating. Barclays Capital maintained Maxim Integrated Products Inc. (NASDAQ:MXIM) rating on Wednesday, August 31. Barclays Capital has “Equal-Weight” rating and $42 target. As per Tuesday, January 12, the company rating was maintained by RBC Capital Markets. The firm has “Underperform” rating by CLSA given on Tuesday, May 17. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, August 3 report.

Maxim Integrated Products, Inc. is engaged in designing, developing, manufacturing and marketing a range of linear and mixed-signal integrated circuits, referred to as analog circuits. The company has market cap of $13.34 billion. The Firm also provides a range of high-frequency process technologies and capabilities for use in custom designs. It has a 23.83 P/E ratio. The Firm caters to automotive, communications and data center, computing, consumer and industrial markets.

More recent Maxim Integrated Products Inc. (NASDAQ:MXIM) news were published by: Prnewswire.com which released: “Maxim Integrated To Host A Business Model Update For Investors” on August 22, 2017. Also Seekingalpha.com published the news titled: “Maxim Integrated Products Inc (MXIM) Presents at Deutsche Bank Technology …” on September 12, 2017. Nasdaq.com‘s news article titled: “Maxim Integrated Products, Inc. (MXIM) Ex-Dividend Date Scheduled for August …” with publication date: August 28, 2017 was also an interesting one.

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