-$0.11 Earnings Per Share Expected for Maxwell Technologies, Inc. (MXWL) This Quarter

Equities analysts expect Maxwell Technologies, Inc. (NASDAQ:MXWL) to post earnings per share of ($0.11) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Maxwell Technologies’ earnings, with estimates ranging from ($0.12) to ($0.10). Maxwell Technologies posted earnings of ($0.23) per share during the same quarter last year, which would suggest a positive year over year growth rate of 52.2%. The company is scheduled to report its next quarterly earnings results on Tuesday, February 27th.

On average, analysts expect that Maxwell Technologies will report full year earnings of ($0.59) per share for the current year, with EPS estimates ranging from ($0.62) to ($0.55). For the next financial year, analysts expect that the company will post earnings of ($0.37) per share, with EPS estimates ranging from ($0.43) to ($0.28). Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that follow Maxwell Technologies.

Maxwell Technologies (NASDAQ:MXWL) last posted its earnings results on Wednesday, November 8th. The electronics maker reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.02. The firm had revenue of $35.80 million during the quarter, compared to the consensus estimate of $36.39 million. Maxwell Technologies had a negative return on equity of 32.06% and a negative net margin of 36.94%. The company’s quarterly revenue was up 40.4% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.21) EPS.

Several analysts recently weighed in on MXWL shares. Roth Capital set a $6.00 price target on Maxwell Technologies and gave the company a “hold” rating in a report on Wednesday, November 1st. ValuEngine upgraded Maxwell Technologies from a “sell” rating to a “hold” rating in a report on Sunday, December 31st. Zacks Investment Research lowered Maxwell Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Finally, Cowen restated a “buy” rating and set a $8.00 price target on shares of Maxwell Technologies in a report on Thursday, October 12th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $6.90.

In other Maxwell Technologies news, CEO Franz Fink bought 230,000 shares of Maxwell Technologies stock in a transaction on Tuesday, November 14th. The shares were acquired at an average price of $4.98 per share, for a total transaction of $1,145,400.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jorg Buchheim bought 250,000 shares of Maxwell Technologies stock in a transaction on Tuesday, November 14th. The stock was acquired at an average price of $5.18 per share, for a total transaction of $1,295,000.00. Following the purchase, the director now owns 328,180 shares of the company’s stock, valued at $1,699,972.40. The disclosure for this purchase can be found here. Corporate insiders own 3.54% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in MXWL. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in Maxwell Technologies in the third quarter worth $100,000. Institute for Wealth Management LLC. purchased a new stake in Maxwell Technologies in the second quarter worth $102,000. SG Americas Securities LLC purchased a new stake in Maxwell Technologies in the second quarter worth $107,000. Trexquant Investment LP purchased a new stake in Maxwell Technologies in the third quarter worth $107,000. Finally, Edmond DE Rothschild Holding S.A. increased its stake in Maxwell Technologies by 33.4% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 20,950 shares of the electronics maker’s stock worth $125,000 after purchasing an additional 5,250 shares during the period. Institutional investors and hedge funds own 52.27% of the company’s stock.

Maxwell Technologies (NASDAQ:MXWL) traded up $0.02 during midday trading on Wednesday, hitting $5.75. The stock had a trading volume of 89,200 shares, compared to its average volume of 127,467. The company has a quick ratio of 1.86, a current ratio of 2.57 and a debt-to-equity ratio of 0.28. The company has a market cap of $214.67, a P/E ratio of -4.23 and a beta of 0.25. Maxwell Technologies has a 52-week low of $4.29 and a 52-week high of $6.61.

ILLEGAL ACTIVITY WARNING: This piece was reported by Community Financial News and is owned by of Community Financial News. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.com-unik.info/2018/01/10/0-11-earnings-per-share-expected-for-maxwell-technologies-inc-mxwl-this-quarter.html.

Maxwell Technologies Company Profile

Maxwell Technologies, Inc develops, manufactures and markets energy storage and power delivery products for transportation, industrial, information technology and other applications and microelectronic products for space and satellite applications. The Company offers three product lines: Ultracapacitors, High-Voltage Capacitors and Radiation-Hardened Microelectronic Products.

Get a free copy of the Zacks research report on Maxwell Technologies (MXWL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Maxwell Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maxwell Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit