Why Maxim Integrated Products, Inc. (NASDAQ:MXIM) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $39.65 on Maxim Integrated Products, Inc. (NASDAQ:MXIM) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.63 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Maxim Integrated Products, Inc. (NASDAQ:MXIM) stands at 43.39. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Maxim Integrated Products, Inc., the PEG ratio for coming 3-5 years is 1.61. Technical Analysis The technical analysis highlights that Maxim Integrated Products, Inc. current price is trading $-1.87 points away -5.06% from $36.97, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $35.49 and, for now, the stock price is trading $-0.39 or -1.09% away from that point. The 52-week high of Maxim Integrated Products, Inc. (NASDAQ:MXIM) was $42.18 while lowest point recorded in 52-week was $29.47. It implies if stock price makes a movement of over $-7.08, it will record a new 52-week high. In the case of $+19.10% points drop, it will touch a new 52-week low.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 10 times, 1 visits today)