Monolithic Power System Inc (MPWR) stock expected to rise by 8.3%: What’s driving the optimism?

At the time of writing, Monolithic Power System Inc [MPWR] stock is trading at $628.78, down -1.35%. 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 4.66% over the last week, with a monthly amount glided 6.27%, and 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 December 11, 2024, when Citigroup initiated its Buy rating and assigned the stock a price target of $700. Previously, Wells Fargo started tracking the stock with Equal Weight rating on November 22, 2024, and set its price target to $610. On November 18, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $660 on the stock. Loop Capital started tracking the stock assigning a Hold rating and suggested a price target of $660 on November 12, 2024. TD Cowen reiterated its recommendation of a Buy and reduced its price target to $975 on October 31, 2024. Rosenblatt downgraded its rating to Neutral for this stock on October 31, 2024, but kept the price target unchanged to $880. In a note dated August 21, 2024, TD Cowen reiterated an Buy rating on this stock and boosted its target price from $925 to $1100.

For the past year, the stock price of Monolithic Power System Inc fluctuated between $546.71 and $959.64. Currently, Wall Street analysts expect the stock to reach $681 within the next 12 months. Monolithic Power System Inc [NASDAQ: MPWR] shares were valued at $628.78 at the most recent close of the market. An investor can expect a potential return of 8.3% based on the average MPWR price forecast.

Analyzing the MPWR fundamentals

According to Monolithic Power System Inc [NASDAQ:MPWR], the company’s sales were 2.04B for trailing twelve months, which represents an 30.59% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

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 614.60 points at the first support level, and at 600.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 643.62, and for the 2nd resistance point, it is at 658.46.

Ratios To Look Out For

It is important to note that Monolithic Power System Inc [NASDAQ:MPWR] has a current ratio of 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 15.04, the price to book ratio is 13.04 and price to earnings (TTM) ratio is 70.85.

Transactions by insiders

Recent insider trading involved Hsing Michael, CEO, that happened on Jan 24 ’25 when 3636.0 shares were sold. Officer, MICHAEL HSING completed a deal on Jan 24 ’25 to buy 3636.0 shares. Meanwhile, EVP and CFO BLEGEN THEODORE sold 2500.0 shares on Dec 09 ’24.

Related Posts