Brokerages predict that Maxwell Technologies Inc. (NASDAQ:MXWL) will post sales of $32.00 million for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Maxwell Technologies’ earnings. Maxwell Technologies reported sales of $26.69 million in the same quarter last year, which would suggest a positive year over year growth rate of 19.9%. The business is expected to report its next quarterly earnings report on Tuesday, May 8th.
On average, analysts expect that Maxwell Technologies will report full year sales of $32.00 million for the current year, with estimates ranging from $140.00 million to $149.30 million. For the next fiscal year, analysts anticipate that the business will report sales of $164.95 million per share, with estimates ranging from $160.00 million to $169.90 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that cover Maxwell Technologies.
Maxwell Technologies (NASDAQ:MXWL) last released its earnings results on Thursday, February 15th. The electronics maker reported ($0.14) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.13) by ($0.01). The business had revenue of $30.80 million for the quarter, compared to analysts’ expectations of $31.52 million. Maxwell Technologies had a negative net margin of 33.08% and a negative return on equity of 30.48%. The business’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter last year, the company posted ($0.32) earnings per share.
Maxwell Technologies (NASDAQ MXWL) traded down $0.01 during trading on Friday, hitting $5.81. The stock had a trading volume of 80,792 shares, compared to its average volume of 160,700. The stock has a market cap of $215.12, a PE ratio of -4.80 and a beta of 0.13. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.75 and a current ratio of 2.41. Maxwell Technologies has a 12 month low of $4.29 and a 12 month high of $6.61.
Several hedge funds have recently bought and sold shares of MXWL. Alliancebernstein L.P. acquired a new stake in shares of Maxwell Technologies during the 2nd quarter valued at approximately $128,000. Teachers Advisors LLC raised its position in shares of Maxwell Technologies by 17.6% during the 2nd quarter. Teachers Advisors LLC now owns 60,186 shares of the electronics maker’s stock valued at $361,000 after acquiring an additional 9,005 shares in the last quarter. TIAA CREF Investment Management LLC raised its position in shares of Maxwell Technologies by 16.8% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 95,316 shares of the electronics maker’s stock valued at $571,000 after acquiring an additional 13,695 shares in the last quarter. Northern Trust Corp raised its position in shares of Maxwell Technologies by 18.7% during the 2nd quarter. Northern Trust Corp now owns 385,956 shares of the electronics maker’s stock valued at $2,312,000 after acquiring an additional 60,842 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Maxwell Technologies by 7.1% during the 2nd quarter. Vanguard Group Inc. now owns 1,375,329 shares of the electronics maker’s stock valued at $8,238,000 after acquiring an additional 91,179 shares in the last quarter. 55.29% of the stock is currently owned by institutional investors and hedge funds.
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.
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