The leading market experts have placed a mean price target of $40.38 on Maxim Integrated Products, Inc. (NASDAQ:MXIM) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.45 a share for the upcoming quarter and $1.97 for the current fiscal.
The technical analysis of Maxim Integrated Products, Inc. plainly substantiates that the 50-day moving average of Maxim Integrated Products, Inc. is $40.30, and stock is trading $0.82 points away or +2.03% from its 50-day moving average of $40.30. Further it is trading $4.02 or +10.83% away its 200-day moving average of $37.10. Maxim Integrated Products, Inc. (NASDAQ:MXIM) 52-week high is $42.37 and the 52-week low is $30.28.
This explains if the stock moves $-1.25, it will post a 52-week high. In event of +35.80% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Maxim Integrated Products, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Maxim Integrated Products, Inc. (NASDAQ:MXIM) ratio came in at 52.05.
The stock last ended the trading session at $41.12 and registered a market cap of $11.66B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Maxim Integrated Products, Inc. (NASDAQ:MXIM) PEG ratio is at 1.56.
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