Monolithic Power System Inc [MPWR] stock prices are down -1.60% to $572.32 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MPWR shares have gain 2.16% over the last week, with a monthly amount drifted -24.99%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Monolithic Power System Inc [NASDAQ: MPWR] stock has seen the most recent analyst activity on November 22, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $610. Previously, Loop Capital upgraded its rating to Buy on November 18, 2024, and kept the price target unchanged to $660. On November 12, 2024, Loop Capital initiated with a Hold rating and assigned a price target of $660 on the stock. TD Cowen reiterated its Buy rating and decreased its price target to $975 on October 31, 2024. Rosenblatt downgraded its rating to a Neutral but $880 remained the price target by the analyst firm on October 31, 2024. TD Cowen reiterated a Buy rating for this stock on August 21, 2024, and upped its price target to $1100. In a note dated February 08, 2024, TD Cowen reiterated an Outperform rating on this stock and boosted its target price from $650 to $800.
The stock price of Monolithic Power System Inc [MPWR] has been fluctuating between $546.71 and $959.64 over the past year. Currently, Wall Street analysts expect the stock to reach $863.75 within the next 12 months. Monolithic Power System Inc [NASDAQ: MPWR] shares were valued at $572.32 at the most recent close of the market. An investor can expect a potential return of 50.92% based on the average MPWR price forecast.
Analyzing the MPWR fundamentals
The Monolithic Power System Inc [NASDAQ:MPWR] reported sales of 2.04B for trailing twelve months, representing a surge of 30.59%. 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 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.2 and Total Capital is 0.19.
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 563.51 points at the first support level, and at 554.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 584.23, and for the 2nd resistance point, it is at 596.14.
Ratios To Look Out For
It’s worth pointing out that Monolithic Power System Inc [NASDAQ:MPWR]’s Current Ratio is 6.42. In addition, the Quick Ratio stands at 5.16 and the Cash Ratio stands at 2.08. Considering the valuation of this stock, the price to sales ratio is 13.69, the price to book ratio is 11.87 and price to earnings (TTM) ratio is 64.49.
Transactions by insiders
Recent insider trading involved Xiao Deming, EVP, Global Operations, that happened on Nov 08 ’24 when 866.0 shares were sold. EVP & General Counsel, Tseng Saria completed a deal on Nov 08 ’24 to sell 866.0 shares. Meanwhile, EVP, WW Sales & Marketing Sciammas Maurice sold 866.0 shares on Nov 08 ’24.
