NEW YORK (TheStreet) -- Shares of Maxwell Technologies (MXWL) - Get Report were falling 23.5% to $6.31 Friday after the electronics company announced a light guidance for the first quarter and full year 2015, and despite the company's positive fourth quarter results.
Maxwell said it expects revenue of $160 million to $180 million for the full year 2015, below analysts' estimates of $207.8 million. The company expects first quarter revenue to fall as much as 35% from the fourth quarter, implying revenue of $34.4 million, below analysts' estimates of $47.9 million.
The electronics company reported earnings of 2 cents a share for the fourth quarter, beating analysts' estimates of 1 cent a share. Revenue grew 35.7% year over year to $52.9 million for the quarter, above analysts' estimates of $50.51 million.
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TheStreet Ratings team rates MAXWELL TECHNOLOGIES INC as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation:
"We rate MAXWELL TECHNOLOGIES INC (MXWL) a SELL. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself."
You can view the full analysis from the report here: MXWL Ratings Report