Equities research analysts expect that Maxwell Technologies Inc. (NASDAQ:MXWL) will announce sales of $25.85 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Maxwell Technologies’ earnings, with the lowest sales estimate coming in at $25.70 million and the highest estimate coming in at $26.00 million. Maxwell Technologies posted sales of $30.76 million in the same quarter last year, which suggests a negative year-over-year growth rate of 16%. The firm is scheduled to report its next earnings results on Thursday, February 21st.

According to Zacks, analysts expect that Maxwell Technologies will report full-year sales of $121.58 million for the current financial year, with estimates ranging from $117.30 million to $129.83 million. For the next fiscal year, analysts expect that the firm will post sales of $142.75 million, with estimates ranging from $129.80 million to $163.45 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow Maxwell Technologies.

Maxwell Technologies (NASDAQ:MXWL) last issued its quarterly earnings data on Tuesday, November 6th. The electronics maker reported ($0.16) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.02. Maxwell Technologies had a negative return on equity of 35.86% and a negative net margin of 31.86%. The business had revenue of $33.70 million during the quarter, compared to analyst estimates of $34.04 million. During the same period in the prior year, the company posted ($0.13) EPS. The business’s revenue for the quarter was down 5.9% compared to the same quarter last year.

MXWL has been the subject of a number of research reports. Zacks Investment Research raised Maxwell Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, October 9th. Cowen reaffirmed a “buy” rating and set a $7.00 price target on shares of Maxwell Technologies in a research note on Tuesday, August 7th. Canaccord Genuity initiated coverage on Maxwell Technologies in a research note on Friday, August 3rd. They set a “hold” rating and a $5.00 price target for the company. ValuEngine lowered Maxwell Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, July 28th. Finally, Oppenheimer decreased their price target on Maxwell Technologies from $7.00 to $6.00 and set an “outperform” rating for the company in a research note on Tuesday, August 7th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. Maxwell Technologies has a consensus rating of “Buy” and a consensus price target of $5.63.

MXWL stock traded down $0.21 on Wednesday, reaching $2.77. The company’s stock had a trading volume of 367,370 shares, compared to its average volume of 295,020. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.21 and a quick ratio of 1.25. The firm has a market capitalization of $117.52 million, a price-to-earnings ratio of -3.04 and a beta of 0.44. Maxwell Technologies has a 52 week low of $2.65 and a 52 week high of $6.27.

Hedge funds and other institutional investors have recently modified their holdings of the business. Mak Capital One LLC boosted its stake in Maxwell Technologies by 87.2% during the 2nd quarter. Mak Capital One LLC now owns 2,944,521 shares of the electronics maker’s stock valued at $15,312,000 after purchasing an additional 1,371,620 shares in the last quarter. B. Riley Financial Inc. bought a new position in Maxwell Technologies during the 2nd quarter valued at $130,000. Selz Capital LLC bought a new position in Maxwell Technologies during the 3rd quarter valued at $104,000. Royce & Associates LP boosted its stake in Maxwell Technologies by 4.1% during the 2nd quarter. Royce & Associates LP now owns 1,053,242 shares of the electronics maker’s stock valued at $5,477,000 after purchasing an additional 41,000 shares in the last quarter. Finally, PEAK6 Investments L.P. boosted its stake in Maxwell Technologies by 273.0% during the 2nd quarter. PEAK6 Investments L.P. now owns 43,123 shares of the electronics maker’s stock valued at $224,000 after purchasing an additional 31,561 shares in the last quarter. 63.52% of the stock is owned by hedge funds and other institutional investors.

Maxwell Technologies Company Profile

Maxwell Technologies, Inc develops, manufactures, and markets energy storage and power delivery products worldwide. The company provides ultracapacitor cells, multi-cell packs, modules, and subsystems that provide energy storage and power delivery solutions for applications in automotive, grid energy storage, wind, bus, industrial, and truck industries; and lithium-ion capacitors, which are energy storage devices designed to address various applications in the rail, grid, and industrial markets.

Featured Article: Capital gains and your 401(k) or IRA

Get a free copy of the Zacks research report on Maxwell Technologies (MXWL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Maxwell Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maxwell Technologies and related companies with MarketBeat.com's FREE daily email newsletter.