Maxwell Technologies, Inc. (NASDAQ:MXWL) has been given an average recommendation of “Hold” by the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $7.33.

A number of analysts have commented on MXWL shares. Roth Capital upgraded Maxwell Technologies from a “neutral” rating to a “buy” rating in a research report on Monday, November 20th. Zacks Investment Research upgraded Maxwell Technologies from a “hold” rating to a “buy” rating and set a $7.00 price objective for the company in a research report on Monday, September 18th. Cowen reiterated a “buy” rating and issued a $8.00 price objective on shares of Maxwell Technologies in a research report on Thursday, October 12th. Finally, ValuEngine upgraded Maxwell Technologies from a “sell” rating to a “hold” rating in a research report on Monday, November 20th.

Shares of Maxwell Technologies (MXWL) opened at $6.05 on Tuesday. The stock has a market capitalization of $224.31, a P/E ratio of -4.45 and a beta of 0.25. The company has a quick ratio of 1.86, a current ratio of 2.57 and a debt-to-equity ratio of 0.28. Maxwell Technologies has a fifty-two week low of $4.29 and a fifty-two week high of $6.61.

Maxwell Technologies (NASDAQ:MXWL) last announced its quarterly earnings data on Wednesday, November 8th. The electronics maker reported ($0.13) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.02. Maxwell Technologies had a negative return on equity of 32.06% and a negative net margin of 36.94%. The company had revenue of $35.80 million during the quarter, compared to the consensus estimate of $36.39 million. During the same quarter last year, the company earned ($0.21) EPS. The company’s quarterly revenue was up 40.4% on a year-over-year basis. equities research analysts forecast that Maxwell Technologies will post -0.84 earnings per share for the current fiscal year.

In related news, CEO Franz Fink bought 230,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The stock was acquired at an average price of $4.98 per share, for a total transaction of $1,145,400.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jorg Buchheim bought 250,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The shares were bought at an average price of $5.18 per share, with a total value of $1,295,000.00. Following the transaction, the director now directly owns 328,180 shares in the company, valued at $1,699,972.40. The disclosure for this purchase can be found here. 3.54% of the stock is currently owned by company insiders.

Several institutional investors have recently bought and sold shares of the stock. California State Teachers Retirement System lifted its position in shares of Maxwell Technologies by 0.9% during the 2nd quarter. California State Teachers Retirement System now owns 63,951 shares of the electronics maker’s stock worth $383,000 after buying an additional 600 shares during the period. Schwab Charles Investment Management Inc. lifted its position in shares of Maxwell Technologies by 0.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 123,779 shares of the electronics maker’s stock worth $742,000 after buying an additional 741 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Maxwell Technologies by 15.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 33,408 shares of the electronics maker’s stock worth $200,000 after buying an additional 4,539 shares during the period. Edmond DE Rothschild Holding S.A. lifted its position in shares of Maxwell Technologies by 33.4% during the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 20,950 shares of the electronics maker’s stock worth $125,000 after buying an additional 5,250 shares during the period. Finally, Rhumbline Advisers lifted its position in shares of Maxwell Technologies by 27.4% during the 2nd quarter. Rhumbline Advisers now owns 40,863 shares of the electronics maker’s stock worth $245,000 after buying an additional 8,781 shares during the period. Institutional investors and hedge funds own 52.27% of the company’s stock.

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About Maxwell Technologies

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.

Analyst Recommendations for Maxwell Technologies (NASDAQ:MXWL)

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