Maxim Group Reiterates "Buy" Rating for Maxim Integrated Products, Inc. (MXIM)

(NASDAQ:MXIM), with 6 analysts believing it is a strong buy. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $25.41 on company shares.

Ubs Oconnor Llc decreased Martin M (MLM) stake by 56.26% reported in 2016Q4 SEC filing. Moreover, Gideon Cap has 0.31% invested in Maxim Integrated Products Inc. BMO Capital Markets maintained it with "Hold" rating and $4300 target in Tuesday, July 18 report. The stock was sold at an average price of $45.28, for a total transaction of $1,132,000.00.

WARNING: "Maxim Integrated Products, Inc". (NASDAQ:MXIM). Gradient Invests Limited Liability invested in 0% or 20 shares. At recent session, it appeared stuck in a range of $46.62 to $47.11. The company has a 50-day moving average of $45.32 and a 200-day moving average of $45.59. That puts the market capitalization at $13.28 bln.

Maxim Integrated Products, Inc. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.01. BidaskClub lowered shares of Maxim Integrated Products from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 17th. The Higher end of the revenue forecast is $585.4 Million, while the Lower end of the forecast is $574 Million. During the same quarter a year ago, the business posted $0.49 earnings per share. The business's revenue for the quarter was up 6.3% on a year-over-year basis.

Maxim Integrated Products, Inc.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Thursday, August 31st will be issued a dividend of $0.36 per share. Cambiar Investors Ltd Com has invested 0.06% in Maxim Integrated Products Inc. As per Tuesday, August 15, the company rating was maintained by Jefferies.


Tracking other technical indicators, the 14-day RSI is presently standing at 30.76, the 7-day sits at 24.06, and the 3-day is resting at 16.64 for Firm Capital Mortgage Investment Corp (FC.TO). $463,092 worth of Maxim Integrated Products Inc. The Return on Equity ratio of Maxim Integrated Products, Inc. This buyback authorization permits the semiconductor company to purchase up to 7.4% of its shares through open market purchases. "(MXIM)" was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and global trademark and copyright laws.

Let's have a look at some of the important valuation ratios of the Maxim Integrated Products, Inc. It turned negative, as 48 investors sold ARCC shares while 88 reduced holdings. Drexel Hamilton maintained Maxim Integrated Products Inc.

The company has mean EPS estimate of 0.62 reported by 23 number of analyst for the quarter ending Current Qtr.(Sep2017). $2.26 million worth of Maxim Integrated Products Inc. Gateway Investment Advisers LLC raised its position in Maxim Integrated Products by 2.1% during the second quarter. Acrospire Investment Management LLC now owns 2,800 shares of the semiconductor company's stock worth $126,000 after purchasing an additional 1,600 shares in the last quarter. Ropes Wealth Advisors LLC raised its position in shares of Maxim Integrated Products by 5.8% in the second quarter. The stock decreased 1.17% or $0.55 during the last trading session, reaching $46.44.

Several research analysts have recently commented on MXIM shares. Stifel Nicolaus reaffirmed a buy rating and set a $54.00 price objective (up previously from $52.00) on shares of Maxim Integrated Products in a research report on Friday, May 26th. (NASDAQ:MXIM)'s stock had its "buy" rating reissued by investment analysts at Maxim Group in a research note issued to investors on Wednesday. Maxim Integrated Products Inc. had 50 analyst reports since July 24, 2015 according to SRatingsIntel. The third largest holder is Dodge & Cox, which now holds $870.24 million worth of this stock and that ownership represents almost 6.48% of its market capitalization. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the stock. The company now has a consensus rating of "Hold" and an average price target of $48.06.

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.

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