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Shares of Maxwell Technologies (NASDAQ:MXWL) have earned an average rating of “Buy” from the eight analysts that are covering the stock, American Banking News reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $16.14.

Maxwell Technologies (NASDAQ:MXWL) traded up 1.93% on Thursday, hitting $10.02. 68,925 shares of the company’s stock traded hands. Maxwell Technologies has a one year low of $6.75 and a one year high of $18.43. The stock’s 50-day moving average is $10.45 and its 200-day moving average is $13.5. The company has a market cap of $292.6 million and a price-to-earnings ratio of 122.88.

Maxwell Technologies (NASDAQ:MXWL) last posted its quarterly earnings results on Thursday, July 31st. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.01 by $0.05. The company had revenue of $46.10 million for the quarter, compared to the consensus estimate of $45.86 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. The company’s quarterly revenue was down 17.1% on a year-over-year basis. Analysts expect that Maxwell Technologies will post $-0.15 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Northland Securities initiated coverage on shares of Maxwell Technologies in a research note on Tuesday, August 12th. They set an “outperform” rating and a $12.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Maxwell Technologies in a research note on Monday, August 4th. They now have a $10.00 price target on the stock. Finally, analysts at Roth Capital cut their price target on shares of Maxwell Technologies to $15.00 in a research note on Friday, August 1st.

Maxwell Technologies, Inc (NASDAQ:MXWL) 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.

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