Evaluating the Ups and Downs of MaxLinear Inc’s (MXL) Stock

The stock of MaxLinear Inc (MXL) has seen a 12.06% increase in the past week, with a 0.25% gain in the past month, and a -14.39% decrease in the past quarter. The volatility ratio for the week is 4.17%, and the volatility levels for the past 30 days are at 4.02% for MXL.. The simple moving average for the past 20 days is 7.18% for MXL’s stock, with a -8.20% simple moving average for the past 200 days.

Is It Worth Investing in MaxLinear Inc (NASDAQ: MXL) Right Now?

Company’s 36-month beta value is 1.98.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for MXL is 74.97M, and currently, short sellers hold a 4.79% ratio of that floaft. The average trading volume of MXL on April 03, 2024 was 667.17K shares.

MXL) stock’s latest price update

The stock price of MaxLinear Inc (NASDAQ: MXL) has jumped by 6.94 compared to previous close of 19.03. Despite this, the company has seen a gain of 12.06% in its stock price over the last five trading days. Seeking Alpha reported 2024-01-31 that MaxLinear, Inc. (MXL) Q4 2023 Earnings Call Transcript

Analysts’ Opinion of MXL

Many brokerage firms have already submitted their reports for MXL stocks, with Needham repeating the rating for MXL by listing it as a “Buy.” The predicted price for MXL in the upcoming period, according to Needham is $25 based on the research report published on February 01, 2024 of the current year 2024.

Wells Fargo, on the other hand, stated in their research note that they expect to see MXL reach a price target of $25, previously predicting the price at $35. The rating they have provided for MXL stocks is “Equal Weight” according to the report published on January 03rd, 2024.

ROTH MKM gave a rating of “Neutral” to MXL, setting the target price at $18 in the report published on October 26th of the previous year.

MXL Trading at 4.18% from the 50-Day Moving Average

After a stumble in the market that brought MXL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.04% of loss for the given period.

Volatility was left at 4.02%, however, over the last 30 days, the volatility rate increased by 4.17%, as shares surge +0.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.13% lower at present.

During the last 5 trading sessions, MXL rose by +12.06%, which changed the moving average for the period of 200-days by -32.55% in comparison to the 20-day moving average, which settled at $18.99. In addition, MaxLinear Inc saw -14.39% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at MXL starting from Tewksbury Ted L III, who sale 12,000 shares at the price of $19.57 back on Mar 01 ’24. After this action, Tewksbury Ted L III now owns 61,556 shares of MaxLinear Inc, valued at $234,840 using the latest closing price.

Stock Fundamentals for MXL

Current profitability levels for the company are sitting at:

  • -0.06 for the present operating margin
  • 0.56 for the gross margin

The net margin for MaxLinear Inc stands at -0.11. The total capital return value is set at -0.04. Equity return is now at value -10.74, with -6.44 for asset returns.

Based on MaxLinear Inc (MXL), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is -3.57.

Currently, EBITDA for the company is 40.63 million with net debt to EBITDA at -0.73. When we switch over and look at the enterprise to sales, we see a ratio of 2.36. The receivables turnover for the company is 4.06for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.20.

Conclusion

In a nutshell, MaxLinear Inc (MXL) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts