The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for MaxLinear Inc. (MXL) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.32, or -1.34%, to $23.62. The MaxLinear Inc. has recorded 13,353 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that MaxLinear Comments on Previously Terminated Transaction with Silicon Motion.
MaxLinear Inc. is listed on the NASDAQ as a member of the Technology sector and is a part of the Semiconductors industry. At the end of the last regular session, the stock closed at $23.94 and fluctuated between $24.09 as its day high and $23.47 as its day low. The current market capitalization of MaxLinear Inc. is $1.89B. A total of 0.78 million shares were traded on the day, compared to an average of 1.37M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, MXL has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 86,850 and the disposition of 86,850 shares. Over the last 12 months, there were 93 BUYs and 62 SELLs from insiders. Insiders purchased 3,136,452 shares during that period but sold 2,300,297.
In the most recent transaction, LOUGHEED JAMES sold 115,944 shares of MXL for 40.74 per share on Feb 03. After the transaction, the insider now owns 3,921 company shares. In a previous transaction on Dec 14, Bollesen Michael sold 5,757 shares at 38.93 per share. MXL shares that Vice President of Sales owns now total 81,474.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for MXL in the last 3 months, the mean price target is $32.73 with high estimates of $45.00 and low estimates of $25.00. In terms of 52-week highs and lows, MXL has a high of $43.66 and a low of $21.65.
As of this writing, MXL has an earnings estimate of $0.04 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.09 per share and a lower estimate of $0.02. The company reported an EPS of $0.74 in the last quarter, which was 5.70% higher than expectations of $0.7.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MXL’s latest balance sheet shows that the firm has $130.57M in Cash & Short Term Investments as of fiscal 2021. There were $330.79M in debt and $207.40M in liabilities at the time. Its Book Value Per Share was $9.27, while its Total Shareholder’s Equity was $489.20M.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MXL is Buy with a score of 4.18.