Maxim Integrated Products (NASDAQ:MXIM) is scheduled to be releasing its earnings data after the market closes on Wednesday, January 24th. Analysts expect Maxim Integrated Products to post earnings of $0.65 per share for the quarter.

Maxim Integrated Products (NASDAQ:MXIM) last announced its quarterly earnings data on Thursday, October 19th. The semiconductor company reported $0.60 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.56 by $0.04. The firm had revenue of $576.00 million for the quarter, compared to the consensus estimate of $576.80 million. Maxim Integrated Products had a net margin of 25.48% and a return on equity of 29.55%. The company’s revenue was up 2.6% on a year-over-year basis. During the same period last year, the firm earned $0.48 EPS. On average, analysts expect Maxim Integrated Products to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of Maxim Integrated Products (NASDAQ MXIM) opened at $54.33 on Wednesday. The company has a market cap of $15,290.00, a price-to-earnings ratio of 26.50, a PEG ratio of 2.17 and a beta of 1.10. Maxim Integrated Products has a 52-week low of $40.44 and a 52-week high of $55.43. The company has a debt-to-equity ratio of 0.68, a quick ratio of 13.09 and a current ratio of 14.14.

In other Maxim Integrated Products news, CEO Tunc Doluca sold 4,000 shares of Maxim Integrated Products stock in a transaction on Friday, January 12th. The shares were sold at an average price of $55.00, for a total value of $220,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Bruce E. Kiddoo sold 25,000 shares of Maxim Integrated Products stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $51.71, for a total transaction of $1,292,750.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 234,819 shares of company stock worth $12,313,336. 1.11% of the stock is currently owned by insiders.

Several brokerages have recently commented on MXIM. Zacks Investment Research downgraded shares of Maxim Integrated Products from a “buy” rating to a “hold” rating in a research report on Monday, November 13th. Citigroup raised their price objective on shares of Maxim Integrated Products from $44.00 to $50.00 and gave the company a “neutral” rating in a research report on Monday, October 23rd. Morgan Stanley raised their price objective on shares of Maxim Integrated Products from $42.00 to $44.00 and gave the company an “underweight” rating in a research report on Wednesday, December 13th. Bank of America raised their price objective on shares of Maxim Integrated Products from $51.00 to $56.00 and gave the company a “buy” rating in a research report on Friday, October 20th. Finally, KeyCorp raised their price objective on shares of Maxim Integrated Products from $49.00 to $57.00 and gave the company an “overweight” rating in a research report on Friday, October 20th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $52.24.

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About Maxim Integrated Products

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. The Company also provides a range of high-frequency process technologies and capabilities for use in custom designs. The Company caters to automotive, communications and data center, computing, consumer and industrial markets.

Earnings History for Maxim Integrated Products (NASDAQ:MXIM)

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