Maxim Integrated Products (MXIM) Receives Media Sentiment Score of 0.03

Media coverage about Maxim Integrated Products (NASDAQ:MXIM) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Maxim Integrated Products earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 46.1011796398902 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news articles that may have effected Accern’s analysis:

A number of research analysts recently commented on the stock. Zacks Investment Research downgraded shares of Maxim Integrated Products from a “buy” rating to a “hold” rating in a research report on Monday, November 13th. Citigroup increased their target price on shares of Maxim Integrated Products from $44.00 to $50.00 and gave the company a “neutral” rating in a research report on Monday, October 23rd. Morgan Stanley increased their target price on shares of Maxim Integrated Products from $42.00 to $44.00 and gave the company an “underweight” rating in a research report on Wednesday, December 13th. Bank of America increased their target price on shares of Maxim Integrated Products from $51.00 to $56.00 and gave the company a “buy” rating in a research report on Friday, October 20th. Finally, KeyCorp increased their target price on shares of Maxim Integrated Products from $49.00 to $57.00 and gave the company an “overweight” rating in a research report on Friday, October 20th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the company. Maxim Integrated Products presently has an average rating of “Hold” and a consensus target price of $52.24.

Shares of Maxim Integrated Products (NASDAQ MXIM) traded down $0.72 during trading on Tuesday, reaching $54.33. 2,300,107 shares of the company’s stock traded hands, compared to its average volume of 2,082,560. Maxim Integrated Products has a 52 week low of $40.44 and a 52 week high of $55.43. The stock has a market cap of $15,290.00, a P/E ratio of 26.50, a P/E/G ratio of 2.17 and a beta of 1.10. The company has a debt-to-equity ratio of 0.68, a current ratio of 14.14 and a quick ratio of 13.09.

Maxim Integrated Products (NASDAQ:MXIM) last released its earnings results on Thursday, October 19th. The semiconductor company reported $0.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.04. Maxim Integrated Products had a net margin of 25.48% and a return on equity of 29.55%. The company had revenue of $576.00 million during the quarter, compared to analysts’ expectations of $576.80 million. During the same quarter last year, the business earned $0.48 EPS. The business’s revenue was up 2.6% on a year-over-year basis. sell-side analysts anticipate that Maxim Integrated Products will post 2.47 earnings per share for the current year.

In other news, VP Vivek Jain sold 6,793 shares of the firm’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $52.18, for a total value of $354,458.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Tunc Doluca sold 4,000 shares of the firm’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $55.00, for a total transaction of $220,000.00. The disclosure for this sale can be found here. Insiders sold a total of 234,819 shares of company stock valued at $12,313,336 in the last 90 days. Company insiders own 1.11% of the company’s stock.

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About Maxim Integrated Products

Maxim Integrated Products, Inc is engaged in designing, developing, manufacturing and marketing a range of linear and mixed-signal integrated circuits, referred to as analog circuits. The Company also provides a range of high-frequency process technologies and capabilities for use in custom designs. The Company caters to automotive, communications and data center, computing, consumer and industrial markets.

Insider Buying and Selling by Quarter for Maxim Integrated Products (NASDAQ:MXIM)

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