Earnings Growth Research: Maxim Integrated Products Inc. (MXIM), Liberty Global Plc (LBTYA)

You should consider shares of Maxim Integrated Products Inc. (NASDAQ:MXIM) and Liberty Global Plc (NASDAQ:LBTYA) if you are looking for a great stocks to invest in. Starting with the MXIM shares, which traded at $55.21 at the close of the recent session, dropping -2.21%. On Tuesday, the company’s shares shed -$1.25 from its value which represented in intraday trading. The stock is now -1.27% lower in year-to-date (YTD) trading. MXIM’s intraday high was $55.575 while its lowest price touched $54.465. The stock’s 52-week high price is $65.73, which means the current price is at -16.00%. In terms of trading activity, the daily trading volume rose to 1899647 against 200-day average trading volume of 1,769,987 shares.

What are analyst forecasts for Maxim Integrated Products Inc. (NASDAQ:MXIM)?

At a consensus rating of 3.38, MXIM is trending as a streaking Hold, as it has been the case a month ago when 13 analysts called it a Hold. Two months ago, 15 analysts recommended, on average, that MXIM stock is a Hold. The Technology company’s shares’ overall bearish trend saw it close higher on Tuesday compared to its opening price of $55.55 on the day.

Forecasts for Maxim Integrated Products Inc. (NASDAQ:MXIM) give the stock a fair value for the growth of 15.06% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $65.00, which means the price per share could rise by nearly $9.79. The price range target is between a low of $50.00 and a high of $76.00. The stock would need to gain by about $27.36 to hit the estimated high or 0.84% from its 12-month low.

The consensus among 22 analysts is that it is a good time for one to Hold in the Maxim Integrated Products Inc. 5 analysts rate MXIM as a Buy, with 1 of 22 analysts rate it as a Sell. 0 have valued the stock as Overweight and 15 have recommended that investors Hold.

Maxim Integrated Products Inc. (NASDAQ:MXIM) Upgrades and Downgrades

In terms of rating changes, Cowen on October 30, 2019, Reiterated Maxim Integrated Products Inc. (MXIM) at Market Perform. They believe the stock could reach $62 in the near term. Analysts at BofA/Merrill have assigned a Underperform rating for the stock in their research note on October 30, 2019 with an estimated price target of $65. Moreover, BofA/Merrill analysts issued a rating of Underperform for the stock on September 27, 2019. On August 01, 2019, the stock earned a Hold rating due to an analyst call from The Benchmark Company, while analysts from Cowen on July 31, 2019 suggested that the stock is Market Perform.

Liberty Global Plc (NASDAQ:LBTYA) adds -$0.31 on Tuesday

The LBTYA stock has risen 2.91% year-to-date and is currently trading at $21.96, which is -23.27% below its 52-week high. The company shares lost -1.39% on the day and have risen nearly 10.46% off a low hit. At current levels, Liberty Global Plc has a valuation of about $11.42B. As of 12/03/19, this stock has risen 0.41% during the week and closed at $22.27 in the previous session. However, recent Liberty Global Plc stock performance shows that LBTYA shares are -13.65% down over the last month, and -19.50% down for the last three months.

Earnings per share (EPS) estimates for the current quarter are $0.1, with the trailing 12-month share earnings at -$0.61. The ratio is expected to be up by 58.90% for the current year 2019 and 69.10% for next year. Over the next 5-year period, earnings per share will be -24.70%. But will the LBTYA stock surprise in the current quarter results, where the $0.77 actual EPS reported on 9/29/2019 surprised by 670.00% or was higher by $0.67 from the estimated $0.1.

Sales Growth to decline -1.30% for the year

How well will Liberty Global Plc perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $2.91B and $2.98B in current quarter sales. The consensus estimated for the current quarter is $2.94B from sales. Forecasts for this fiscal year are between $11.11B and $11.54B and the consensus estimate for sales is at $11.41B. LBTYA has its next quarter sales estimates at between $3.04B and $3.04B, with the quarter-over-quarter growth estimates at 8.50% and the annual growth forecast for the year at -1.30%.

Who owns shares in Liberty Global Plc (LBTYA)?

Let’s briefly focus on the share ownership of the Liberty Global Plc (NASDAQ:LBTYA) stock, where we find that 92.63% of shares are held by institutions. Harris Associates L.P. tops the list of institutional owners as it is holding 32.49 million shares or 17.90% of shares outstanding. Berkshire Hathaway, Inc and Dodge & Cox Inc held 19.79 million and 18.57 million representing 10.90% and 10.23% respectively at the close of the last trading session. As of Sep 29, 2019, Route One Investment Company, L.P. accounted for 8.83 million shares at over 218.53 million. This represented 4.86% of shares outstanding. Baupost Group, Inc,.(The) LLC held 7.66 million shares at over 189.52 million representing 4.22% of shares outstanding.

LBTYA Insider Activity

Insider activity can also give a signal in terms of price direction. Looking at Liberty Global Plc (LBTYA), a total of 9050 shares have been sold by insiders over the last 6 months while 207838 shares were added in the same time span. On 5/01/2019, President & Chief Executive Officer by the name Fries Michael Thomas sold 39185.0 shares worth $1000000.0 at the price of $26.55 per share. Filings also show that Fries Michael Thomas sold a total of 41477.0 shares on 10/01/2019 valued at $1000000.0. Since the last insider activity, the company’s share price has dropped -8.13%.