Monolithic Power System Inc [MPWR] stock is trading at $863.09, up 10.39%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MPWR shares have gain 9.55% over the last week, with a monthly amount glided 5.33%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Monolithic Power System Inc [NASDAQ: MPWR] stock has seen the most recent analyst activity on February 08, 2024, when TD Cowen reiterated its Outperform rating and also boosted its price target to $800 from $650. Previously, Rosenblatt reaffirmed its Buy rating on December 26, 2023, and elevated its price target to $750. On July 20, 2023, Wolfe Research initiated with a Peer Perform rating. TD Cowen reiterated its Outperform rating and decreased its price target to $500 on May 05, 2023. Credit Suisse initiated its recommendation with a Outperform and recommended $475 as its price target on November 16, 2022. Wells Fargo started tracking with a Overweight rating for this stock on November 11, 2022, and assigned it a price target of $435. In a note dated February 11, 2022, Needham upgraded an Buy rating on this stock but restated the target price of $530.
Monolithic Power System Inc [MPWR] stock has fluctuated between $392.10 and $891.67 over the past year. Currently, Wall Street analysts expect the stock to reach $651.11 within the next 12 months. Monolithic Power System Inc [NASDAQ: MPWR] shares were valued at $863.09 at the most recent close of the market. An investor can expect a potential drop of -24.56% based on the average MPWR price forecast.
Analyzing the MPWR fundamentals
Monolithic Power System Inc [NASDAQ:MPWR] reported sales of 1.83B for the trailing twelve months, which represents a growth of 1.51%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.21 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 832.41 points at the first support level, and at 801.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 878.59, and for the 2nd resistance point, it is at 894.09.
Ratios To Look Out For
For context, Monolithic Power System Inc’s Current Ratio is 6.34. Also, the Quick Ratio is 5.07, while the Cash Ratio stands at 1.57. Considering the valuation of this stock, the price to sales ratio is 22.98, the price to book ratio is 19.87 and price to earnings (TTM) ratio is 102.77.
Transactions by insiders
Recent insider trading involved Hsing Michael, CEO, that happened on Jul 22 ’24 when 9614.0 shares were sold. EVP, Global Operations, Xiao Deming completed a deal on Jul 22 ’24 to sell 3205.0 shares. Meanwhile, EVP & General Counsel Tseng Saria sold 3205.0 shares on Jul 22 ’24.
