Monolithic Power Systems Inc. (NASDAQ: MPWR) is -19.73% lower on its value in year-to-date trading and has touched a low of $348.02 and a high of $580.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MPWR stock was last observed hovering at around $387.45 in the last trading session, with the day’s gains setting it 8.53% off its average median price target of $550.00 for the next 12 months. It is also 37.15% off the consensus price target high of $630.00 offered by 13 analysts, but current levels are 20.8% higher than the price target low of $500.00 for the same period.
Currently trading at $395.98, the stock is 0.51% and -4.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.3 million and changing 2.20% at the moment leaves the stock -13.22% off its SMA200. MPWR registered 3.42% gain for a year compared to 6-month loss of -12.49%. The firm has a 50-day simple moving average (SMA 50) of $13.31 and a 200-day simple moving average (SMA200) of $50.48.
The stock witnessed a 1.63% gain in the last 1 month and extending the period to 3 months gives it a -1.26%, and is 2.40% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.12% over the week and 4.51% over the month.
Monolithic Power Systems Inc. (MPWR) has around 2773 employees, a market worth around $18.06B and $1.33B in sales. Current P/E ratio is 68.89 and Fwd P/E is 29.07. Profit margin for the company is 20.70%. Distance from 52-week low is 13.78% and -31.73% from its 52-week high. The company has generated returns on investments over the last 12 months (18.70%).
Monolithic Power Systems Inc. (MPWR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Monolithic Power Systems Inc. (MPWR) is a “Buy”. 13 analysts offering their recommendations for the stock have an average rating of 1.80, where 1 rate it as a Hold and 2 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Monolithic Power Systems Inc. is expected to release its quarterly report on 10/27/2022.The EPS is expected to grow by 44.50% this year.
Monolithic Power Systems Inc. (MPWR) Top Institutional Holders
The shares outstanding are 46.42M, and float is at 45.28M with Short Float at 1.90%.
Monolithic Power Systems Inc. (MPWR) Insider Activity
A total of 89 insider transactions have happened at Monolithic Power Systems Inc. (MPWR) in the last six months, with sales accounting for 71 and purchases happening 18 times. The most recent transaction is an insider sale by Tseng Saria ,the company’sVP & General Counsel. SEC filings show that Tseng Saria sold 4,515 shares of the company’s common stock on Jul 01 at a price of $361.58 per share for a total of $1.63 million. Following the sale, the insider now owns 0.26 million shares.
Monolithic Power Systems Inc. disclosed in a document filed with the SEC on Jul 01 that Xiao Deming (Pres. of MPS Asia Operations) sold a total of 4,515 shares of the company’s common stock. The trade occurred on Jul 01 and was made at $361.58 per share for $1.63 million. Following the transaction, the insider now directly holds 0.28 million shares of the MPWR stock.
Still, SEC filings show that on Jul 01, Hsing Michael (CEO) disposed off 11,495 shares at an average price of $361.57 for $4.16 million. The insider now directly holds 1,026,928 shares of Monolithic Power Systems Inc. (MPWR).
Monolithic Power Systems Inc. (MPWR): Who are the competitors?
The company’s main competitors (and peers) include Texas Instruments Incorporated (TXN) that is trading -17.48% down over the past 12 months and Analog Devices Inc. (ADI) that is -7.73% lower over the same period.