A share price of MaxLinear Inc [MXL] is currently trading at $15.74, up 7.15%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MXL shares have gain 5.92% over the last week, with a monthly amount glided 5.85%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
MaxLinear Inc [NASDAQ: MXL] stock has seen the most recent analyst activity on October 01, 2024, when Susquehanna downgraded its rating to a Neutral but kept the price target unchanged to $15 for it. Previously, Needham downgraded its rating to Hold on July 25, 2024. On July 17, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $38 on the stock. Northland Capital upgraded its rating to a Outperform but stick to its price target of $30 on April 04, 2024. Needham reiterated its recommendation of a Buy and reduced its price target to $25 on February 01, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on January 03, 2024, and downed its price target to $25. In a note dated October 26, 2023, ROTH MKM downgraded an Neutral rating on this stock and revised its target price from $35 to $18.
MaxLinear Inc experienced fluctuations in its stock price throughout the past year between $11.08 and $26.59. Currently, Wall Street analysts expect the stock to reach $33.88 within the next 12 months. MaxLinear Inc [NASDAQ: MXL] shares were valued at $15.74 at the most recent close of the market. An investor can expect a potential return of 115.25% based on the average MXL price forecast.
Analyzing the MXL fundamentals
Trailing Twelve Months sales for MaxLinear Inc [NASDAQ:MXL] were 393.71M which represents -40.16% decline. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -0.57%, Pretax Profit Margin comes in at -0.61%, and Net Profit Margin reading is -0.57%. To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is -0.36 and Total Capital is -0.31. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.91 points at the first support level, and at 14.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.38, and for the 2nd resistance point, it is at 17.03.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MaxLinear Inc [NASDAQ:MXL] is 1.95. As well, the Quick Ratio is 1.38, while the Cash Ratio is 0.88. Considering the valuation of this stock, the price to sales ratio is 3.37, the price to book ratio is 2.38.
Transactions by insiders
Recent insider trading involved Tewksbury Ted L III, Director, that happened on Nov 21 ’24 when 5800.0 shares were purchased. VP/GM, Broadband Group, Torgerson William completed a deal on Nov 08 ’24 to sell 6100.0 shares. Meanwhile, Officer Torgerson William bought 6100.0 shares on Nov 08 ’24.
