EPS for MaxLinear, Inc. (MXL) Expected At $0.08

October 11, 2018 - By Dolores Ford

MaxLinear, Inc. (NYSE:MXL) LogoInvestors sentiment increased to 1.21 in 2018 Q2. Its up 0.15, from 1.06 in 2018Q1. It increased, as 19 investors sold MaxLinear, Inc. shares while 42 reduced holdings. 18 funds opened positions while 56 raised stakes. 59.81 million shares or 4.86% more from 57.04 million shares in 2018Q1 were reported.
Parametric Portfolio Assoc Lc invested in 48,289 shares or 0% of the stock. 1.50 million are owned by Dimensional Fund Advisors Ltd Partnership. New England And Mngmt Incorporated has 29,550 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in MaxLinear, Inc. (NYSE:MXL) for 4,542 shares. Vaughan Nelson Mgmt Limited Partnership accumulated 2.59M shares. Commercial Bank Of Mellon holds 0% of its portfolio in MaxLinear, Inc. (NYSE:MXL) for 683,751 shares. Alliancebernstein Limited Partnership has invested 0% in MaxLinear, Inc. (NYSE:MXL). Tiaa Cref Invest Management Limited Com reported 138,301 shares. Fmr Limited Liability Company holds 0.01% or 4.21M shares in its portfolio. Gemmer Asset Mgmt Limited Liability Co holds 173 shares or 0% of its portfolio. State Of Wisconsin Investment Board has invested 0.03% in MaxLinear, Inc. (NYSE:MXL). The New York-based Engineers Gate Manager Ltd Partnership has invested 0.12% in MaxLinear, Inc. (NYSE:MXL). Teacher Retirement Of Texas has invested 0% in MaxLinear, Inc. (NYSE:MXL). Creative Planning owns 0% invested in MaxLinear, Inc. (NYSE:MXL) for 53,909 shares. Dubuque Comml Bank Trust invested in 0% or 514 shares.

Since May 17, 2018, it had 0 insider purchases, and 1 sale for $28,957 activity.

Analysts expect MaxLinear, Inc. (NYSE:MXL) to report $0.08 EPS on November, 6.They anticipate $0.22 EPS change or 73.33 % from last quarter’s $0.3 EPS. MXL’s profit would be $5.49M giving it 51.66 P/E if the $0.08 EPS is correct. After having $0.21 EPS previously, MaxLinear, Inc.’s analysts see -61.90 % EPS growth. The stock decreased 3.28% or $0.56 during the last trading session, reaching $16.53. About 818,637 shares traded. MaxLinear, Inc. (NYSE:MXL) has declined 18.76% since October 11, 2017 and is downtrending. It has underperformed by 34.38% the S&P500.

MaxLinear, Inc. (NYSE:MXL) Ratings Coverage

Among 4 analysts covering Maxlinear Inc (NYSE:MXL), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Maxlinear Inc had 5 analyst reports since May 9, 2018 according to SRatingsIntel. The rating was downgraded by Deutsche Bank to “Hold” on Wednesday, May 9. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, July 19. The firm has “Neutral” rating by Roth Capital given on Monday, June 11. William Blair reinitiated the shares of MXL in report on Monday, June 4 with “Outperform” rating. The firm earned “Buy” rating on Wednesday, May 9 by Stifel Nicolaus.

MaxLinear, Inc. provides radio-frequency and mixed-signal circuits for broadband communications, data center, metro, and long-haul transport network applications worldwide. The company has market cap of $1.13 billion. The firm offers RF receivers and RF receiver systems-on-chips to receive and demodulate broadband signals, modem solutions, and physical medium devices that provide a constant current source, current-to-voltage regulation, and data alignment and retiming functionality in optical interconnect applications. It currently has negative earnings. The Company’s products are integrated into a range of electronic devices, including cable and terrestrial and satellite set-top boxes and gates, DOCSIS data and voice gateways, hybrid analog and digital televisions, satellite low-noise blocker transponders or outdoor units, and physical medium devices, as well as RF transceiver and modem devices for wireless access and backhaul applications.

MaxLinear, Inc. (NYSE:MXL) Institutional Positions Chart

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