On Friday, MaxLinear Inc (NASDAQ: MXL) was 6.11% up from the session before settling in for the closing price of $13.42. A 52-week range for MXL has been $11.08 – $26.59.
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During the last 5-year period, the sales growth of Technology Sector giant was 21.43%. When this article was written, the company’s average yearly earnings per share was at -180.45%. With a float of $78.72 million, this company’s outstanding shares have now reached $81.82 million.
Let’s determine the extent of company efficiency that accounts for 1759 employees. In terms of profitability, gross margin is 53.85%, operating margin of -38.86%, and the pretax margin is -44.53%.
MaxLinear Inc (MXL) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward MaxLinear Inc stocks. The insider ownership of MaxLinear Inc is 6.17%, while institutional ownership is 87.05%. The most recent insider transaction that took place on Jul 30 ’24, was worth 1,401,592. In this transaction Chairman, President and CEO of this company bought 108,303 shares at a rate of $12.94, taking the stock ownership to the 531,937 shares. Before that another transaction happened on Mar 01 ’24, when Company’s Director sold 12,000 for $19.57, making the entire transaction worth $234,840. This insider now owns 61,556 shares in total.
MaxLinear Inc (MXL) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -180.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.81% during the next five years compared to -18.83% drop over the previous five years of trading.
MaxLinear Inc (NASDAQ: MXL) Trading Performance Indicators
You can see what MaxLinear Inc (MXL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.31, a number that is poised to hit -0.32 in the next quarter and is forecasted to reach 0.42 in one year’s time.
Technical Analysis of MaxLinear Inc (MXL)
Looking closely at MaxLinear Inc (NASDAQ: MXL), its last 5-days average volume was 0.79 million, which is a drop from its year-to-date volume of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 56.43%. Additionally, its Average True Range was 0.81.
During the past 100 days, MaxLinear Inc’s (MXL) raw stochastic average was set at 20.37%, which indicates a significant decrease from 56.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.89% in the past 14 days, which was lower than the 102.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.28, while its 200-day Moving Average is $18.33. However, in the short run, MaxLinear Inc’s stock first resistance to watch stands at $14.63. Second resistance stands at $15.03. The third major resistance level sits at $15.71. If the price goes on to break the first support level at $13.55, it is likely to go to the next support level at $12.87. Should the price break the second support level, the third support level stands at $12.47.
MaxLinear Inc (NASDAQ: MXL) Key Stats
There are 83,128K outstanding shares of the company, which has a market capitalization of 1.19 billion. As of now, sales total 693,260 K while income totals -73,150 K. Its latest quarter income was 91,990 K while its last quarter net income were -39,270 K.
