At the time of writing, MPLX LP [MPLX] stock is trading at $53.65, up 0.24%. 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 MPLX shares have gain 0.54% over the last week, with a monthly amount drifted -1.12%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On March 14, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $41 on the stock. Wolfe Research upgraded its rating to a Outperform but stick to its price target of $36 on January 09, 2023. Citigroup initiated its recommendation with a Neutral and recommended $33.50 as its price target on December 09, 2022. BofA Securities downgraded its rating to Underperform for this stock on September 29, 2022, but kept the price target unchanged to $34.
For the past year, the stock price of MPLX LP fluctuated between $39.56 and $54.87. Currently, Wall Street analysts expect the stock to reach $48.67 within the next 12 months. MPLX LP [NYSE: MPLX] shares were valued at $53.65 at the most recent close of the market. An investor can expect a potential drop of -9.28% based on the average MPLX price forecast.
Analyzing the MPLX fundamentals
According to MPLX LP [NYSE:MPLX], the company’s sales were 11.13B for trailing twelve months, which represents an 3.29% jump. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.45%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.4%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.32 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.55.
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 53.08 points at the first support level, and at 52.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.96, and for the 2nd resistance point, it is at 54.26.
Ratios To Look Out For
It is important to note that MPLX LP [NYSE:MPLX] has a current ratio of 1.01. Further, the Quick Ratio stands at 0.96, while the Cash Ratio is 0.47. Considering the valuation of this stock, the price to sales ratio is 4.93, the price to book ratio is 4.02 and price to earnings (TTM) ratio is 12.74.
Transactions by insiders
Recent insider trading involved Lyon Shawn M, Senior VP, Log. & Storage, that happened on Mar 07 ’25 when 4000.0 shares were purchased. Exec VP & Chief Fin Ofc, HAGEDORN CARL KRISTOPHER completed a deal on Nov 18 ’24 to sell 4000.0 shares. Meanwhile, Officer HAGEDORN CARL KRISTOPHER bought 4000.0 shares on Nov 18 ’24.
