$0.70 EPS Expected for Maxim Integrated Products, Inc. (MXIM)

June 17, 2018 - By Stephen Andrade

Maxim Integrated Products, Inc. (NASDAQ:MXIM) LogoInvestors sentiment decreased to 0.89 in Q1 2018. Its down 0.46, from 1.35 in 2017Q4. It turned negative, as 49 investors sold Maxim Integrated Products, Inc. shares while 154 reduced holdings. 58 funds opened positions while 123 raised stakes. 250.01 million shares or 1.42% more from 246.50 million shares in 2017Q4 were reported.
Gulf Commercial Bank (Uk) invested 0.07% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Nikko Asset Mgmt Americas accumulated 56,100 shares. Ls Invest Lc holds 0.01% of its portfolio in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 3,318 shares. 2,859 are owned by Nelson Van Denburg Campbell Wealth Mgmt Gru Lc. Century holds 0.76% or 12.36M shares in its portfolio. Ameriprise Financial Inc holds 6.11 million shares. First Quadrant Lp Ca has 0.38% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 329,096 shares. Verition Fund Management Ltd Liability Corporation has 0.05% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Hightower Advsr Ltd Liability has 209,001 shares for 0.11% of their portfolio. World Asset Incorporated owns 11,198 shares or 0.03% of their US portfolio. Greenwood Capital Limited Liability Company owns 10,851 shares for 0.16% of their portfolio. British Columbia Investment holds 0.05% in Maxim Integrated Products, Inc. (NASDAQ:MXIM) or 105,796 shares. Profund Advisors Ltd Co accumulated 82,612 shares. Choate Investment Advisors invested in 13,328 shares or 0% of the stock. Quantitative Invest Management Limited Liability Corporation reported 0.03% in Maxim Integrated Products, Inc. (NASDAQ:MXIM).

Since December 18, 2017, it had 0 insider buys, and 29 sales for $18.65 million activity. The insider NEIL CHRISTOPHER J sold 3,500 shares worth $191,249. Loftus David sold $557,965 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) on Wednesday, February 28. The insider Grady Robert Edward sold $335,303. On Wednesday, May 16 the insider Jain Vivek sold $103,888. Gagneja Sumeet sold $46,640 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) on Monday, May 21. BRONSON JOSEPH R sold 5,000 shares worth $270,407.

Analysts expect Maxim Integrated Products, Inc. (NASDAQ:MXIM) to report $0.70 EPS on July, 19.They anticipate $0.07 EPS change or 11.11 % from last quarter’s $0.63 EPS. MXIM’s profit would be $195.77M giving it 21.99 P/E if the $0.70 EPS is correct. After having $0.73 EPS previously, Maxim Integrated Products, Inc.’s analysts see -4.11 % EPS growth. The stock increased 0.21% or $0.13 during the last trading session, reaching $61.56. About 1.93 million shares traded. Maxim Integrated Products, Inc. (NASDAQ:MXIM) has risen 23.96% since June 17, 2017 and is uptrending. It has outperformed by 11.39% the S&P500.

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

Among 11 analysts covering Maxim Integrated (NASDAQ:MXIM), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Maxim Integrated had 14 analyst reports since January 18, 2018 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, January 26 report. The firm has “Buy” rating by Drexel Hamilton given on Friday, April 27. Stifel Nicolaus maintained the shares of MXIM in report on Tuesday, January 30 with “Buy” rating. BMO Capital Markets maintained the shares of MXIM in report on Friday, January 26 with “Hold” rating. Jefferies maintained the shares of MXIM in report on Thursday, January 25 with “Buy” rating. On Monday, April 30 the stock rating was maintained by Citigroup with “Neutral”. The firm has “Buy” rating given on Friday, January 26 by Drexel Hamilton. The stock has “Buy” rating by KeyBanc Capital Markets on Friday, January 26. Morgan Stanley upgraded Maxim Integrated Products, Inc. (NASDAQ:MXIM) on Tuesday, January 30 to “Equal-Weight” rating. The firm has “Buy” rating given on Thursday, January 18 by Stifel Nicolaus.

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 $17.22 billion. The firm also provides a range of high-frequency process technologies and capabilities for use in custom designs. It has a 46.22 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: “Maxim Integrated Products (MXIM) Investor Presentation – Slideshow” on June 04, 2018.

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

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