During the recent session, MaxLinear Inc (NASDAQ:MXL)’s traded shares were 0.38 million, with the beta value of the company hitting 1.93. At the last check today, the stock’s price was $20.97, reflecting an intraday gain of 0.19% or $0.04. The 52-week high for the MXL share is $35.09, that puts it down -67.33 from that peak though still a striking 35.96% gain since the share price plummeted to a 52-week low of $13.43. The company’s market capitalization is $1.72B, and the average trade volume was 821.78K shares over the past three months.
MaxLinear Inc (NASDAQ:MXL) trade information
MaxLinear Inc (MXL) registered a 0.19% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.19% in intraday trading to $20.97, hitting a weekly high. The stock’s 5-day price performance is 3.45%, and it has moved by 16.82% in 30 days. Based on these gigs, the overall price performance for the year is -28.28%.
MaxLinear Inc (MXL) estimates and forecasts
Statistics show that MaxLinear Inc has underperformed its competitors in share price, compared to the industry in which it operates. MaxLinear Inc (MXL) shares have gone up 7.70% during the last six months, with a year-to-date growth rate less than the industry average at -102.73% against -11.50. In the rating firms’ projections, revenue will decrease -31.90% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 104.47M as predicted by 10 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to 126.27M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -18.83%. While earnings are projected to return -119.37% in 2024.
MXL Dividends
MaxLinear Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
