MaxLinear which can be found using ticker (MXL) have now 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 60 and 30 calculating the average target price we see $47.18. Given that the stocks previous close was at $31.40 this indicates there is a potential upside of 50.3%. The day 50 moving average is $34.52 and the 200 day MA is $35.55. The market cap for the company is $2,535m. Company Website: https://www.maxlinear.com
The potential market cap would be $3,809m based on the market consensus.
MaxLinear. engages in the provision of communications systems-on-chip solutions for the connected home, wired and wireless infrastructure, and industrial and multi-market applications worldwide. Its products integrate various portions of a high-speed communication systemluding radiofrequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management. The company’s products are used in various electronic devices, such as cable Data Over Cable Service Interface Specifications, fiber and DSL broadband modems and gateways; Wi-Fi and wireline routers for home networking; radio transceivers and modems for 4G/5G base-station and backhaul infrastructure; and fiber-optic modules for data center, metro, and long-haul transport networks, as well as power management and interface products. It serves electronics distributors, module makers, original equipment manufacturers, and original design manufacturers through a direct sales force, third-party sales representatives, and a network of distributors. The company was incorporated in 2003 and is headquartered in Carlsbad, California.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 20.72, revenue per share of 14.36 and a 10.39% return on assets.
