Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

MaxLinear, Inc (NASDAQ:MXL) Expected To Report Earnings On Monday

Analysts await MaxLinear, Inc (NASDAQ:MXL) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $0.38 EPS, up 107.89% or $0.41 from last year’s $-0.03 per share.

At the moment 7 analysts are watching MaxLinear, Inc (NASDAQ:MXL), 4 rate it “Buy”, 3 “Outperform”, 0 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 7 analysts have a mean sales target of 100.22 million. For the quarter ending Sep-16, 7 analysts have a mean sales target of 97.15 million whilst for the year ending Dec-16, 7 analysts have a mean target of 395.45 million.

In terms of earnings per share, 7 analysts have a 0.40 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 7 analysts have a 0.37 EPS mean target and for the quarter ending Sep-16 there are 7 estimates of 1.59 EPS.

The biggest institutional shareholders in MaxLinear, Inc include Entropic Communications Inc which owns 5 million shares in the company valued at $43.88 million. Elk Creek Partners LLC is the second biggest holder with 3 million shares currently valued at 43.97 million whilst Vanguard Group Inc has 2 million shares valued at 25.18 million.

Total shares held by institutions as of the most recent company filings are 50,234,854 with a reported 4,917,605 bought and 8,284,740 sold. These holdings make up 80.45% of the company’s outstanding shares.

Currently insiders hold 144,644 shares in the business which makes up 0.23% of shares. The biggest holder currently is Mr. Adam C. Spice who owns 250,595 shares (0.40% of those outstanding), whilst Mr. Brendan Walsh holds 178,812 (0.28% of shares outstanding) and Dr. Kishore Seendripu,PhD holds 136,886 (0.22% of shares outstanding).

The stock increased 0.12% or $0.02 during the last trading session, hitting $17.45. MaxLinear, Inc (NASDAQ:MXL) has risen 2.23% over the past 6 months and is uptrending.

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