MaxLinear Inc (NASDAQ: MXL) kicked off on Friday, up 3.86% from the previous trading day, before settling in for the closing price of $12.97. Over the past 52 weeks, MXL has traded in a range of $11.08-$26.59.
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During the last 5-year period, the sales growth of Technology Sector giant was 21.43%. While this was happening, its average annual earnings per share was recorded -185.82%. With a float of $79.16 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 53.71%, operating margin of -56.65%, and the pretax margin is -61.09%.
MaxLinear Inc (MXL) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of MaxLinear Inc is 6.17%, while institutional ownership is 86.85%. 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
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.01 earnings per share (EPS), higher than consensus estimate (set at 0.01) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -185.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.86% during the next five years compared to -18.83% drop over the previous five years of trading.
MaxLinear Inc (NASDAQ: MXL) Trading Performance Indicators
Take a look at MaxLinear Inc’s (MXL) current performance indicators. Last quarter, stock had a quick ratio of 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.72, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach 0.37 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 2.45 million, which is a jump from its year-to-date volume of 0.99 million. As of the previous 9 days, the stock’s Stochastic %D was 13.70%. Additionally, its Average True Range was 0.92.
During the past 100 days, MaxLinear Inc’s (MXL) raw stochastic average was set at 15.41%, which indicates a significant increase from 14.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.63% in the past 14 days, which was lower than the 103.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.00, while its 200-day Moving Average is $17.75. However, in the short run, MaxLinear Inc’s stock first resistance to watch stands at $13.72. Second resistance stands at $13.97. The third major resistance level sits at $14.37. If the price goes on to break the first support level at $13.07, it is likely to go to the next support level at $12.67. Should the price break the second support level, the third support level stands at $12.42.
MaxLinear Inc (NASDAQ: MXL) Key Stats
The company with the Market Capitalisation of 1.18 billion has total of 84,362K Shares Outstanding. Its annual sales at the moment are 693,260 K in contrast with the sum of -73,150 K annual income. Company’s last quarter sales were recorded 81,100 K and last quarter income was -75,790 K.
