Monolithic Power Systems (MPWR) Earns Daily Coverage Optimism Rating of 0.15
News headlines about Monolithic Power Systems (NASDAQ:MPWR) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Monolithic Power Systems earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 45.8022463314011 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Several equities analysts have issued reports on MPWR shares. Oppenheimer Holdings, Inc. lifted their target price on Monolithic Power Systems from $120.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, October 27th. Zacks Investment Research lowered Monolithic Power Systems from a “hold” rating to a “sell” rating in a research note on Tuesday, August 29th. Deutsche Bank AG lifted their target price on Monolithic Power Systems from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Tuesday, October 24th. Stifel Nicolaus reiterated a “buy” rating and issued a $117.00 target price on shares of Monolithic Power Systems in a research note on Sunday, September 3rd. Finally, KeyCorp reiterated a “buy” rating and issued a $115.00 target price on shares of Monolithic Power Systems in a research note on Friday, September 1st. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $126.00.
Shares of Monolithic Power Systems (MPWR) traded up $1.76 during mid-day trading on Monday, hitting $124.38. The stock had a trading volume of 228,646 shares, compared to its average volume of 275,164. Monolithic Power Systems has a 1-year low of $75.08 and a 1-year high of $125.75. The stock has a market capitalization of $5,090.80, a price-to-earnings ratio of 74.32, a price-to-earnings-growth ratio of 3.79 and a beta of 1.28.
Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings results on Thursday, October 26th. The semiconductor company reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.02. Monolithic Power Systems had a return on equity of 19.37% and a net margin of 18.34%. The business had revenue of $128.90 million for the quarter, compared to analyst estimates of $126.11 million. During the same quarter in the previous year, the firm earned $0.66 earnings per share. The company’s revenue was up 21.0% on a year-over-year basis. equities analysts anticipate that Monolithic Power Systems will post 1.8 earnings per share for the current year.
In related news, CEO Michael Hsing sold 19,765 shares of Monolithic Power Systems stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $123.06, for a total transaction of $2,432,280.90. Following the completion of the sale, the chief executive officer now owns 1,125,086 shares of the company’s stock, valued at $138,453,083.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Deming Xiao sold 6,004 shares of Monolithic Power Systems stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $123.06, for a total value of $738,852.24. Following the sale, the insider now directly owns 280,865 shares of the company’s stock, valued at approximately $34,563,246.90. The disclosure for this sale can be found here. Insiders have sold 89,803 shares of company stock worth $10,281,353 in the last 90 days. Insiders own 4.00% of the company’s stock.
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Monolithic Power Systems Company Profile
Monolithic Power Systems, Inc designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The Company operates in the design, development, marketing and sale of power solutions for the communications, storage and computing, consumer and industrial markets segment.
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