Recent exceptional negative changes in investment behavior have affected MaxLinear Inc (NASDAQ: MXL): its longer term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.
MaxLinear Inc (NASDAQ: MXL) suffers from slight negative changes in fundamentals: significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, MXL is expected to continue to be a Value Builder.
MaxLinear has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. MaxLinear has a neutral Appreciation Score of 50 but a poor Power Rating of 28, triggering the Negative Value Trend Rating.
Recent Price Action
MaxLinear Inc (NASDAQ: MXL) stock closed at $12.77 on 7/26/24 after a large decline of -8.9%. Moreover, exceptionally high trading volume at 437% of normal accompanied the decline. The stock has declined -47.7% during the last week and has been weak relative to the market over the last nine months.
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