When MaxLinear Inc. (MXL) Will Be A Good Investment?
MaxLinear Inc. (NYSE:MXL) has a beta value of 1.95 and has seen 0.41 million shares traded in the last trading session. The company, currently valued at $3.12B, closed the last trade at $42.21 per share which meant it gained $0.78 on the day or 1.88% during that session. The MXL stock price is -4.36% off its 52-week high price of $44.05 and 50.46% above the 52-week low of $20.91. The 3-month trading volume is 457.88K shares. The consensus among analysts is that MaxLinear Inc. (MXL) is an Overweight stock at the moment, with a recommendation rating of 2.20. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 11 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. MaxLinear Inc. (NYSE:MXL) trade information  Sporting 1.88% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 07/02/21 when the MXL stock price touched $42.21 or saw a rise of 0.96%. Year-to-date, MaxLinear Inc. shares have moved 10.53%, while the 5-day performance has seen it change 1.86%. Over the past 30 days, the shares of MaxLinear Inc. (NYSE:MXL) have changed 14.11%. Wall Street analysts have a consensus price target for the stock at $45.40, which means that the shares value could jump 7.03% from current levels. The projected low price target is $35.00 while the price target rests at a high of $52.00. In that case, then, we find that the current price level is -23.19% off the targeted high while a plunge would see the stock lose 17.08% from current levels. MaxLinear Inc. (MXL) estimates and forecasts  Figures show that MaxLinear Inc. shares have outperformed across the wider relevant industry. The companys shares have gained 10.53% over the past 6 months, with this year growth rate of 137.50%, compared to 31.80% for the industry. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -11.20% over the past 5 years. Earnings growth for 2021 is a modest -381.10% while over the next 5 years, the companys earnings are expected to increase by 26.26%. MXL Dividends  MaxLinear Inc. is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the companys debt issue.