A share price of MP Materials Corporation [MP] is currently trading at $19.75, up 1.91%. An important factor to consider is whether the stock is rising or falling in short-term value. The MP shares have gain 20.50% over the last week, with a monthly amount drifted -3.75%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
MP Materials Corporation [NYSE: MP] stock has seen the most recent analyst activity on September 27, 2024, when Robert W. Baird reiterated its Outperform rating and also boosted its price target to $25 from $20. Previously, BMO Capital Markets started tracking the stock with Market Perform rating on July 15, 2024, and set its price target to $16.50. On April 23, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $16 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight and decreased its price target to $15.50 on March 13, 2024. Northland Capital upgraded its rating to a Outperform. JP Morgan started tracking with a Overweight rating for this stock on August 31, 2023, and assigned it a price target of $27. In a note dated April 18, 2023, Northland Capital downgraded an Market Perform rating on this stock but restated the target price of $32.
MP Materials Corporation experienced fluctuations in its stock price throughout the past year between $10.02 and $24.01. Currently, Wall Street analysts expect the stock to reach $19.67 within the next 12 months. MP Materials Corporation [NYSE: MP] shares were valued at $19.75 at the most recent close of the market. An investor can expect a potential drop of -0.41% based on the average MP price forecast.
Analyzing the MP fundamentals
Trailing Twelve Months sales for MP Materials Corporation [NYSE:MP] were 184.07M which represents 19.82% growth. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -0.82%, Pretax Profit Margin comes in at -0.43%, and Net Profit Margin reading is -0.32%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.05 and Total Capital is -0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.88.
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 19.28 points at the first support level, and at 18.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.14, and for the 2nd resistance point, it is at 20.53.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MP Materials Corporation [NYSE:MP] is 6.93. On the other hand, the Quick Ratio is 6.13, and the Cash Ratio is 1.94. Considering the valuation of this stock, the price to sales ratio is 17.51, the price to book ratio is 3.03.
Transactions by insiders
Recent insider trading involved Litinsky James H., Chairman and CEO, that happened on Dec 03 ’24 when 1.58 million shares were sold. Chairman and CEO, Litinsky James H. completed a deal on Dec 02 ’24 to sell 0.23 million shares. Meanwhile, Director JAMES HENRY LITINSKY REVOCABLE bought 1.2 million shares on Dec 03 ’24.
