MaxLinear (NYSE:MXL) issued its quarterly earnings results on Tuesday. The semiconductor company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.01, Bloomberg Earnings reports. MaxLinear had a net margin of 4.73% and a return on equity of 20.96%.

Shares of MaxLinear (MXL) opened at $24.90 on Wednesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.23 and a quick ratio of 1.58. MaxLinear has a 12-month low of $20.38 and a 12-month high of $32.47. The stock has a market cap of $1,660.00, a P/E ratio of 95.75 and a beta of 0.41.

In related news, VP Brendan Walsh sold 25,018 shares of the firm’s stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $28.00, for a total value of $700,504.00. Following the sale, the vice president now directly owns 155,441 shares of the company’s stock, valued at $4,352,348. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 11.92% of the stock is currently owned by company insiders.

MXL has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of MaxLinear from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th. Needham & Company LLC reissued a “buy” rating and issued a $32.00 target price on shares of MaxLinear in a research report on Wednesday, November 8th. Finally, Roth Capital reissued a “buy” rating and issued a $33.00 target price on shares of MaxLinear in a research report on Friday, December 29th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $31.20.

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About MaxLinear

MaxLinear, Inc is a provider of radio frequency (RF) and mixed-signal integrated circuits for cable and satellite broadband communications and the connected home, and wired and wireless infrastructure markets. The Company’s RF receiver products capture and process digital and analog broadband signals to be decoded for various applications.

Earnings History for MaxLinear (NYSE:MXL)

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