Analysts Anticipate Maxwell Technologies Inc. (MXWL) to Post -$0.11 Earnings Per Share

Wall Street analysts forecast that Maxwell Technologies Inc. (NASDAQ:MXWL) will report ($0.11) earnings per share (EPS) for the current quarter, Zacks reports. Two analysts have made estimates for Maxwell Technologies’ earnings. The lowest EPS estimate is ($0.12) and the highest is ($0.10). Maxwell Technologies posted earnings of ($0.23) per share in the same quarter last year, which would suggest a positive year over year growth rate of 52.2%. The business is scheduled to announce its next quarterly earnings results after the market closes on Thursday, February 15th.

According to Zacks, analysts expect that Maxwell Technologies will report full-year earnings of ($0.62) per share for the current financial year. For the next fiscal year, analysts anticipate that the firm 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 calculations are a mean average based on a survey of sell-side research analysts that cover Maxwell Technologies.

Several research analysts have weighed in on the stock. ValuEngine raised shares of Maxwell Technologies from a “sell” rating to a “hold” rating in a report on Monday, November 20th. Zacks Investment Research downgraded shares of Maxwell Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. Finally, Roth Capital set a $6.00 price target on shares of Maxwell Technologies and gave the stock a “hold” rating in a research report on Wednesday, November 1st. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Maxwell Technologies presently has a consensus rating of “Hold” and an average price target of $6.90.

Shares of Maxwell Technologies (NASDAQ MXWL) traded up $0.07 during mid-day trading on Tuesday, reaching $5.47. 211,700 shares of the company’s stock traded hands, compared to its average volume of 136,326. The firm has a market cap of $200.21, a price-to-earnings ratio of -4.05 and a beta of 0.11. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.86 and a current ratio of 2.57. Maxwell Technologies has a 52 week low of $4.29 and a 52 week high of $6.61.

Institutional investors have recently bought and sold shares of the company. Northern Trust Corp lifted its position in shares of Maxwell Technologies by 18.7% in the 2nd quarter. Northern Trust Corp now owns 385,956 shares of the electronics maker’s stock worth $2,312,000 after buying an additional 60,842 shares during the last quarter. Neuberger Berman Group LLC lifted its position in Maxwell Technologies by 9.0% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,126,701 shares of the electronics maker’s stock valued at $10,910,000 after purchasing an additional 175,641 shares during the last quarter. Vanguard Group Inc. lifted its position in Maxwell Technologies by 7.1% in the 2nd quarter. Vanguard Group Inc. now owns 1,375,329 shares of the electronics maker’s stock valued at $8,238,000 after purchasing an additional 91,179 shares during the last quarter. Van Den Berg Management I Inc. lifted its position in Maxwell Technologies by 6.7% in the 3rd quarter. Van Den Berg Management I Inc. now owns 2,034,668 shares of the electronics maker’s stock valued at $10,438,000 after purchasing an additional 127,680 shares during the last quarter. Finally, Royce & Associates LP lifted its position in Maxwell Technologies by 5.3% in the 3rd quarter. Royce & Associates LP now owns 1,096,242 shares of the electronics maker’s stock valued at $5,624,000 after purchasing an additional 55,000 shares during the last quarter. Institutional investors own 52.13% of the company’s stock.

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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.

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