Tag: MXWL

List of Electricity Storage Stocks

Electricity storage stocks are publicly traded companies whose business involves the storage of electricity.  They include battery stocks and hydrogen stocks (see links), while companies involved in other storage technologies such as pumped hydro energy storage, Compressed Air Energy Storage, capacitors, flywheels, and thermal storage are listed here. Dais Analytic Corp. (DLYT) Dresser-Rand Group (DRC) Graftech International (GTI) Highpower International (HPJ) Kemet Corp. (KEM) Maxwell Technologies Inc (MXWL) If you know of any energy storage stock that is not listed here and should be, please let us know by leaving a comment. Also for stocks in the list that you think should be removed.

Maxwell Beats Earnings, But Scares Investors with Guidance

Tom Konrad CFA The 2013 Lamborghini Aventador will incorporate Maxwell ultracapcitors. (Photo credit: Autoviva.com via Flickr  ) The headline was good: Maxwell Technologies, Inc. (NASD:MXWL) beat analysts’ third quarter (Q3 2012) earnings estimates by 10 cents on improved cost control and revenues in-line with analyst expectations (up 7%).  The good news stopped there, however, and investors are in a panic this morning (the stock is down $1.48 to $6.13 as I write) about some worrying comments made in the earnings call (transcript here.) Worries About the Chinese Hybrid Bus Market Revenue growth has...

Maxwell Technologies: The Bottom is In

Tom Konrad CFA In the month since Maxwell Technologies (NASD:MXWL) surprised analysts with strong second quarter (Q2 2012) earnings, the stock has maintained a trading range between $7.50 and $8, comfortably above the $6-$7 range in which it had been trading for most of the summer.  Despite the roughly 20% gain, I believe the stock has plenty of upside left as it recovers from its previous depressed levels. Why the Low Price? A year ago, Maxwell was a cleantech darling, with analysts predicting rapid growth as the company’s ultracapacitors were used as key components in rapidly growing markets such...

Maxwell Technologies: Selling by Growth Funds Looks Done

Tom Konrad CFA Since Maxwell Technologies(NASD:MXWL) lowered guidance in their first quarter conference call at the end of April, the stock has fallen by 58%, and is currently trading at $6.65 compared to $15.80 before the earnings call. This fall has been considerably more dramatic than the lowering of analysts’ price targets.  These now stand at an average of $16.40, down about 20% from two months ago. Insiders have been actively buying the stock since it hit $10, and continue to do so.  Such active buying reflects conviction that the stock is trading well below fair value. With both analysts and...

Maxwell Technologies (MXWL): Buy or Steal?

Tom Konrad CFA Confusion reigned following Maxwell Technologies’ (NASD:MXWL) earnings call Thursday night.  What would be the impact of the company’s reduced sales growth guidance on the stocks value? The Bulls At below $10, I thought the stock was “a steal” and it would quickly rise by the end of the day. CEO David Schramm and three other insiders apparently agreed with me, since they bought 48,000 shares at prices between $9 and $10.20 early the following week.  Also on the bullish side was Needham & Co analyst Micheal Lew,...

More Insiders Buying at Maxwell Technologies

Tom Konrad CFA As a quick follow-up to my valuation of Maxwell Technologies (NASD:MXWL), it was not just CEO David Schramm who has been buying over the last couple of days.  An astute reader brought my attention to five more insider filings on EDGAR: Insider Position Date Shares bought Holdings Increase David Schramm CEO 4/30 5,000 217,564 2.4% Mark Rossi Director 4/30 20,000 84,664 30.9% Robert Guyett Director 4/30 11,000 (option exercise) 78,664 16.3% Yon Jordan Director 5/1 5,000 33,997 17.2% David Schramm CEO 5/3 2,000 219,564...

Maxwell Stakes its Claim in a $2.7 Billion Niche Market

John Petersen Last Wednesday Maxwell Technologies (MXWL) announced the launch of a new ultracapacitor product that insures reliable engine starting for commercial trucks and other heavy vehicles. According to the Energy Information Administration, the existing US fleet includes 4.2 million heavy-duty diesel trucks. All of these vehicles are subject to strict anti-idling laws and regulations that strain their battery systems and increase the risk that the engine won't be able to start when it needs to. While a dead battery is a pain for the average consumer, it can cause a world of problems for a commercial truck...