MaxLinear Inc [MXL] stock prices are up 2.12% to $15.87 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The MXL shares have gain 12.79% over the last week, with a monthly amount glided 6.87%, 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 November 22, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $14. Previously, Susquehanna downgraded its rating to Neutral on October 01, 2024, and kept the price target unchanged to $15. On July 25, 2024, downgrade downgraded it’s rating to Hold. Craig Hallum upgraded its rating to a Buy and increased its price target to $38 on July 17, 2024. Northland Capital upgraded its rating to a Outperform but $30 remained the price target by the analyst firm on April 04, 2024. Needham reiterated a Buy rating for this stock on February 01, 2024, and downed its price target to $25. In a note dated January 03, 2024, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $35 to $25.
The stock price of MaxLinear Inc [MXL] has been fluctuating between $11.08 and $26.59 over the past year. Currently, Wall Street analysts expect the stock to reach $33.88 within the next 12 months. MaxLinear Inc [NASDAQ: MXL] shares were valued at $15.87 at the most recent close of the market. An investor can expect a potential return of 113.48% based on the average MXL price forecast.
Analyzing the MXL fundamentals
The MaxLinear Inc [NASDAQ:MXL] reported sales of 393.71M for trailing twelve months, representing a drop of -40.16%. 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 of0.21.
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 15.52 points at the first support level, and at 15.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.24, and for the 2nd resistance point, it is at 16.62.
Ratios To Look Out For
It’s worth pointing out that MaxLinear Inc [NASDAQ:MXL]’s Current Ratio is 1.95. On the other hand, the Quick Ratio is 1.38, and the Cash Ratio is 0.88. Considering the valuation of this stock, the price to sales ratio is 3.36, the price to book ratio is 2.40.
Transactions by insiders
Recent insider trading involved Tewksbury Ted L III, Director, that happened on Nov 21 ’24 when 5800.0 shares were sold. Director, Tewksbury Ted L III completed a deal on Nov 21 ’24 to buy 5800.0 shares. Meanwhile, VP/GM, Broadband Group Torgerson William sold 6100.0 shares on Nov 08 ’24.
