$0.27 EPS Expected for MaxLinear, Inc. (MXL)

January 14, 2018 - By Nellie Frank

 $0.27 EPS Expected for MaxLinear, Inc. (MXL)
Investors sentiment decreased to 1.18 in 2017 Q3. Its down 0.19, from 1.37 in 2017Q2. It worsened, as 37 investors sold MaxLinear, Inc. shares while 43 reduced holdings. 25 funds opened positions while 69 raised stakes. 54.60 million shares or 2.82% more from 53.10 million shares in 2017Q2 were reported.
Emerald Advisers Pa accumulated 450,150 shares or 0.43% of the stock. Point72 Asia (Hong Kong) holds 0.1% or 5,930 shares in its portfolio. The Texas-based Dimensional Fund Advsr Limited Partnership has invested 0.01% in MaxLinear, Inc. (NYSE:MXL). State Board Of Administration Of Florida Retirement Sys holds 0% or 37,111 shares in its portfolio. Howe & Rusling stated it has 7,480 shares. Moreover, Qs Investors Ltd has 0.03% invested in MaxLinear, Inc. (NYSE:MXL). Ameriprise Finance has 0% invested in MaxLinear, Inc. (NYSE:MXL) for 400,417 shares. Bnp Paribas Arbitrage Sa invested in 31,656 shares or 0% of the stock. Campbell Newman Asset Management reported 0.04% in MaxLinear, Inc. (NYSE:MXL). Avalon Global Asset Management holds 1.19% in MaxLinear, Inc. (NYSE:MXL) or 131,500 shares. 36,630 were reported by Thrivent Financial For Lutherans. 111 were accumulated by Parallax Volatility Advisers L P. Raymond James And Assocs owns 43,633 shares. The New York-based Renaissance Ltd has invested 0.01% in MaxLinear, Inc. (NYSE:MXL). Vaughan Nelson Inv Mngmt Limited Partnership has invested 0.47% in MaxLinear, Inc. (NYSE:MXL).

Since January 9, 2018, it had 0 insider buys, and 1 insider sale for $700,554 activity.

Analysts expect MaxLinear, Inc. (NYSE:MXL) to report $0.27 EPS on February, 14.They anticipate $0.04 EPS change or 12.90 % from last quarter’s $0.31 EPS. MXL’s profit would be $18.08M giving it 24.80 P/E if the $0.27 EPS is correct. After having $0.30 EPS previously, MaxLinear, Inc.’s analysts see -10.00 % EPS growth. The stock increased 0.07% or $0.02 during the last trading session, reaching $26.78. About 421,026 shares traded. MaxLinear, Inc. (NYSE:MXL) has risen 63.31% since January 14, 2017 and is uptrending. It has outperformed by 46.61% the S&P500.

MaxLinear, Inc. (NYSE:MXL) Ratings Coverage

Among 11 analysts covering Maxlinear Inc. (NYSE:MXL), 11 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Maxlinear Inc. had 35 analyst reports since September 17, 2015 according to SRatingsIntel. The rating was maintained by Needham with “Buy” on Friday, June 9. Needham maintained MaxLinear, Inc. (NYSE:MXL) on Wednesday, November 8 with “Buy” rating. Roth Capital maintained MaxLinear, Inc. (NYSE:MXL) rating on Wednesday, January 13. Roth Capital has “Buy” rating and $25 target. The stock has “Buy” rating by Deutsche Bank on Friday, July 21. The firm earned “Buy” rating on Wednesday, September 30 by Roth Capital. As per Friday, February 10, the company rating was maintained by Needham. Stifel Nicolaus maintained MaxLinear, Inc. (NYSE:MXL) on Tuesday, February 9 with “Buy” rating. TH Capital maintained MaxLinear, Inc. (NYSE:MXL) rating on Wednesday, January 13. TH Capital has “Buy” rating and $25.0 target. The firm earned “Buy” rating on Tuesday, November 8 by Needham. The rating was maintained by Roth Capital on Friday, December 29 with “Buy”.

MaxLinear, Inc. provides radio-frequency and mixed-signal circuits for broadband communications, data center, metro, and long-haul transport network applications worldwide. The company has market cap of $1.79 billion. The firm offers RF receivers and RF receiver systems-on-chips to receive and demodulate broadband signals, modem solutions, and physical medium devices that provide a constant current source, current-to-voltage regulation, and data alignment and retiming functionality in optical interconnect applications. It has a 98.82 P/E ratio. The Company’s products are integrated into a range of electronic devices, including cable and terrestrial and satellite set-top boxes and gates, DOCSIS data and voice gateways, hybrid analog and digital televisions, satellite low-noise blocker transponders or outdoor units, and physical medium devices, as well as RF transceiver and modem devices for wireless access and backhaul applications.

More notable recent MaxLinear, Inc. (NYSE:MXL) news were published by: Businesswire.com which released: “Geniatech and MaxLinear Showcase NetAerial Cord Cutter ATSC TV Distribution …” on January 08, 2018, also Businesswire.com with their article: “MaxLinear G.hn Wave-2 Technology Selected by Comtrend for New Carrier-Grade Wi …” published on January 09, 2018, Businesswire.com published: “MaxLinear Expands Multi-Gigabit G.hn Wired Connectivity to Automotive …” on January 08, 2018. More interesting news about MaxLinear, Inc. (NYSE:MXL) were released by: Businesswire.com and their article: “MaxLinear and ProBrand International Commence Shipments of Satellite dCSS LNBs …” published on January 08, 2018 as well as Businesswire.com‘s news article titled: “MaxLinear and Airgain Enable Multi-Gigabit Data Transfer Through Low-E Glass …” with publication date: January 08, 2018.

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