On Tuesday, MaxLinear Inc (NASDAQ: MXL) was -5.86% drop from the session before settling in for the closing price of $15.87. 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 -185.82%. With a float of $79.18 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward MaxLinear Inc stocks. The insider ownership of MaxLinear Inc is 6.14%, while institutional ownership is 84.32%. The most recent insider transaction that took place on Nov 21 ’24, was worth 89,110. In this transaction Director of this company sold 5,800 shares at a rate of $15.36, taking the stock ownership to the 69,717 shares. Before that another transaction happened on Nov 21 ’24, when Company’s Director proposed sale 5,800 for $15.36, making the entire transaction worth $89,110.
MaxLinear Inc (MXL) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.01 earnings per share (EPS) during the time that was better than consensus figure (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 5.00% 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 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.20.
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 0.36 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 0.98 million, which is a drop from its year-to-date volume of 1.0 million. As of the previous 9 days, the stock’s Stochastic %D was 66.81%. Additionally, its Average True Range was 0.91.
During the past 100 days, MaxLinear Inc’s (MXL) raw stochastic average was set at 24.89%, which indicates a significant decrease from 45.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.00% in the past 14 days, which was lower than the 106.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.44, while its 200-day Moving Average is $17.27. However, in the short run, MaxLinear Inc’s stock first resistance to watch stands at $15.78. Second resistance stands at $16.61. The third major resistance level sits at $17.21. If the price goes on to break the first support level at $14.35, it is likely to go to the next support level at $13.75. Should the price break the second support level, the third support level stands at $12.92.
MaxLinear Inc (NASDAQ: MXL) Key Stats
There are 84,362K outstanding shares of the company, which has a market capitalization of 1.26 billion. As of now, sales total 693,260 K while income totals -73,150 K. Its latest quarter income was 81,100 K while its last quarter net income were -75,790 K.
