Monolithic Power System Inc [MPWR] stock is trading at $895.16, up 5.60%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MPWR shares have gain 5.25% over the last week, with a monthly amount glided 8.64%, 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 August 21, 2024, when TD Cowen reiterated its Buy rating and also boosted its price target to $1100 from $925. Previously, TD Cowen reaffirmed its Outperform rating on February 08, 2024, and elevated its price target to $800. On December 26, 2023, Rosenblatt reiterated its Buy rating and revised its price target to $750 on the stock. Wolfe Research started tracking the stock assigning a Peer Perform rating. TD Cowen reiterated its recommendation of a Outperform and reduced its price target to $500 on May 05, 2023. Credit Suisse started tracking with a Outperform rating for this stock on November 16, 2022, and assigned it a price target of $475. In a note dated November 11, 2022, Wells Fargo initiated an Overweight rating and provided a target price of $435 on this stock.
Monolithic Power System Inc [MPWR] stock has fluctuated between $392.10 and $959.64 over the past year. Currently, Wall Street analysts expect the stock to reach $662.22 within the next 12 months. Monolithic Power System Inc [NASDAQ: MPWR] shares were valued at $895.16 at the most recent close of the market. An investor can expect a potential drop of -26.02% based on the average MPWR price forecast.
Analyzing the MPWR fundamentals
Monolithic Power System Inc [NASDAQ:MPWR] reported sales of 1.89B for the trailing twelve months, which represents a growth of 15.03%. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.24%, 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 0.2 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 850.28 points at the first support level, and at 805.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 918.55, and for the 2nd resistance point, it is at 941.95.
Ratios To Look Out For
For context, Monolithic Power System Inc’s Current Ratio is 6.77. Further, the Quick Ratio stands at 5.32, while the Cash Ratio is 1.87. Considering the valuation of this stock, the price to sales ratio is 23.04, the price to book ratio is 19.85 and price to earnings (TTM) ratio is 106.47.
Transactions by insiders
Recent insider trading involved BLEGEN THEODORE, EVP and CFO, that happened on Sep 03 ’24 when 2500.0 shares were sold. Officer, BERNIE BLEGEN completed a deal on Sep 03 ’24 to buy 2500.0 shares. Meanwhile, EVP, Global Operations Xiao Deming sold 9259.0 shares on Aug 27 ’24.