Equities research analysts expect that MaxLinear, Inc. (NYSE:MXL) will report earnings per share of $0.16 for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for MaxLinear’s earnings. MaxLinear reported earnings of $0.20 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 20%. The business is scheduled to report its next quarterly earnings report on Tuesday, February 4th.

According to Zacks, analysts expect that MaxLinear will report full year earnings of $0.79 per share for the current year, with EPS estimates ranging from $0.79 to $0.80. For the next financial year, analysts forecast that the company will report earnings of $0.85 per share, with EPS estimates ranging from $0.82 to $0.90. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for MaxLinear.

MaxLinear (NYSE:MXL) last posted its quarterly earnings data on Thursday, October 24th. The semiconductor company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.21 by $0.02. MaxLinear had a negative net margin of 3.43% and a positive return on equity of 8.02%. The company had revenue of $80.00 million during the quarter, compared to analyst estimates of $80.04 million. During the same period in the previous year, the firm earned $0.19 earnings per share. MaxLinear’s quarterly revenue was down 5.9% compared to the same quarter last year.

A number of equities research analysts recently issued reports on the company. Needham & Company LLC raised MaxLinear from a “hold” rating to a “buy” rating in a research note on Wednesday, November 27th. Roth Capital set a $21.00 price target on shares of MaxLinear and gave the stock a “hold” rating in a research note on Friday, October 25th. Zacks Investment Research downgraded shares of MaxLinear from a “buy” rating to a “hold” rating in a research note on Wednesday, October 30th. Stifel Nicolaus set a $26.00 price target on MaxLinear and gave the company a “buy” rating in a report on Friday, October 25th. Finally, ValuEngine upgraded MaxLinear from a “buy” rating to a “strong-buy” rating in a report on Friday. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. MaxLinear has a consensus rating of “Buy” and a consensus target price of $22.50.

Shares of MaxLinear stock traded down $0.41 during trading on Tuesday, hitting $18.93. The stock had a trading volume of 206,765 shares, compared to its average volume of 307,394. MaxLinear has a 12 month low of $15.93 and a 12 month high of $28.70. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.62 and a quick ratio of 2.02. The firm’s fifty day simple moving average is $20.46 and its 200-day simple moving average is $21.73. The stock has a market cap of $1.42 billion, a PE ratio of 24.27, a PEG ratio of 4.36 and a beta of 1.24.

In other news, insider Steven G. Litchfield acquired 10,867 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were acquired at an average cost of $22.97 per share, with a total value of $249,614.99. Following the completion of the acquisition, the insider now owns 33,333 shares of the company’s stock, valued at $765,659.01. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Kishore Seendripu sold 10,500 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $22.46, for a total value of $235,830.00. Following the completion of the transaction, the chief executive officer now owns 20,677 shares of the company’s stock, valued at $464,405.42. The disclosure for this sale can be found here. In the last three months, insiders purchased 45,175 shares of company stock valued at $998,488 and sold 64,735 shares valued at $1,357,468. Insiders own 9.97% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC grew its position in MaxLinear by 6,133.3% during the second quarter. Tower Research Capital LLC TRC now owns 1,870 shares of the semiconductor company’s stock valued at $44,000 after buying an additional 1,840 shares during the period. Royal Bank of Canada raised its stake in shares of MaxLinear by 1,273.1% during the 2nd quarter. Royal Bank of Canada now owns 3,625 shares of the semiconductor company’s stock worth $84,000 after buying an additional 3,361 shares during the period. Millennium Management LLC lifted its position in shares of MaxLinear by 16.0% during the 3rd quarter. Millennium Management LLC now owns 9,196 shares of the semiconductor company’s stock valued at $205,000 after buying an additional 1,269 shares in the last quarter. Bank of Montreal Can lifted its position in shares of MaxLinear by 99.1% during the 2nd quarter. Bank of Montreal Can now owns 10,581 shares of the semiconductor company’s stock valued at $247,000 after buying an additional 5,266 shares in the last quarter. Finally, First Mercantile Trust Co. grew its stake in MaxLinear by 10.3% in the 3rd quarter. First Mercantile Trust Co. now owns 11,110 shares of the semiconductor company’s stock valued at $249,000 after acquiring an additional 1,037 shares during the period. Institutional investors own 87.21% of the company’s stock.

MaxLinear Company Profile

MaxLinear, Inc provides radio-frequency (RF), high-performance analog, and mixed-signal communications systems-on-chip solutions (SoCs) for the connected home, wired and wireless infrastructure, and industrial and multi-market applications worldwide. The company offers range of semiconductor products, such as RF receivers and RF receiver SoCs, wireless infrastructure backhaul RF receivers and modem SoCs, laser modulator drivers, transimpedance amplifiers, clock and data recovery circuits, interface solutions, power management products, and data encryption and compression products.

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