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Monolithic Power Systems (MPWR) Stock Price, News & Analysis

Monolithic Power Systems logo
$560.06 -25.81 (-4.41%)
(As of 11/20/2024 ET)

About Monolithic Power Systems Stock (NASDAQ:MPWR)

Key Stats

Today's Range
$546.71
$587.00
50-Day Range
$573.38
$944.39
52-Week Range
$535.39
$959.64
Volume
1.66 million shs
Average Volume
602,924 shs
Market Capitalization
$27.32 billion
P/E Ratio
63.14
Dividend Yield
0.89%
Price Target
$882.64
Consensus Rating
Moderate Buy

Company Overview

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications. It offers lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in computers and notebooks, monitors, car navigation systems, and televisions, as well as for general illumination products. The company sells its products through third-party distributors, value-added resellers, directly to original equipment manufacturers, original design manufacturers, electronic manufacturing service providers, and other end customers. It serves China, Taiwan, South Korea, Europe, Japan, Southeast Asia, the United States, and internationally. Monolithic Power Systems, Inc. was incorporated in 1997 and is headquartered in Kirkland, Washington.

Monolithic Power Systems Stock Analysis - MarketRank™

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99th Percentile Overall Score

MPWR MarketRank™: 

Monolithic Power Systems scored higher than 99% of companies evaluated by MarketBeat, and ranked 13th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Monolithic Power Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Monolithic Power Systems has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Monolithic Power Systems' stock forecast and price target.
  • Earnings Growth

    Earnings for Monolithic Power Systems are expected to grow by 27.53% in the coming year, from $10.46 to $13.34 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Monolithic Power Systems is 63.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Monolithic Power Systems is 63.14, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 258.00.

  • Price to Earnings Growth Ratio

    Monolithic Power Systems has a PEG Ratio of 2.73. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Monolithic Power Systems has a P/B Ratio of 13.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Monolithic Power Systems' valuation and earnings.
  • Percentage of Shares Shorted

    3.05% of the outstanding shares of Monolithic Power Systems have been sold short.
  • Short Interest Ratio / Days to Cover

    Monolithic Power Systems has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Monolithic Power Systems has recently increased by 15.50%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Monolithic Power Systems has a dividend yield of 0.87%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Monolithic Power Systems does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Monolithic Power Systems is 56.37%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Monolithic Power Systems will have a dividend payout ratio of 37.48% next year. This indicates that Monolithic Power Systems will be able to sustain or increase its dividend.

  • Read more about Monolithic Power Systems' dividend.
  • Percentage of Shares Shorted

    3.05% of the outstanding shares of Monolithic Power Systems have been sold short.
  • Short Interest Ratio / Days to Cover

    Monolithic Power Systems has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Monolithic Power Systems has recently increased by 15.50%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Monolithic Power Systems has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 31 news articles for Monolithic Power Systems this week, compared to 11 articles on an average week.
  • Search Interest

    48 people have searched for MPWR on MarketBeat in the last 30 days. This is an increase of 336% compared to the previous 30 days.
  • MarketBeat Follows

    35 people have added Monolithic Power Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Monolithic Power Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $36,209,571.00 in company stock.

  • Percentage Held by Insiders

    Only 3.70% of the stock of Monolithic Power Systems is held by insiders.

  • Percentage Held by Institutions

    93.46% of the stock of Monolithic Power Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Monolithic Power Systems' insider trading history.
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MPWR Stock News Headlines

Is Monolithic Power Systems a Screaming Buy After Near 40% Drop?
Is Monolithic Power Systems a Screaming Buy After Near 40% Drop?
Monolithic Power Systems is a chip stock that may have just gone on sale. The near 40% stock price drop has not been meet with equal sentiment on Wall Street.
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3 Chip Stocks Expected to See Accelerating Sales Growth
These three chip stocks have managed solid returns in 2024 despite uninspiring revenue growth. Analysts are expected their sales growth to increase faster soon.
Monolithic Power upgraded to Buy at Loop Capital following selloff
See More Headlines

MPWR Stock Analysis - Frequently Asked Questions

Monolithic Power Systems' stock was trading at $630.78 at the beginning of 2024. Since then, MPWR shares have decreased by 11.2% and is now trading at $560.06.
View the best growth stocks for 2024 here
.

Monolithic Power Systems, Inc. (NASDAQ:MPWR) issued its earnings results on Wednesday, October, 30th. The semiconductor company reported $2.99 EPS for the quarter, missing the consensus estimate of $3.04 by $0.05. The semiconductor company had revenue of $620.12 million for the quarter, compared to analyst estimates of $600.10 million. Monolithic Power Systems had a net margin of 21.29% and a trailing twelve-month return on equity of 20.44%.
Read the conference call transcript
.

Top institutional investors of Monolithic Power Systems include FMR LLC (7.21%), State Street Corp (4.27%), Geode Capital Management LLC (2.74%) and Wellington Management Group LLP (2.26%). Insiders that own company stock include Michael Hsing, Saria Tseng, Deming Xiao, Maurice Sciammas, Theodore Blegen, Victor K Lee, Jeff Zhou, Kuo Wei Herbert Chang and James C Moyer.
View institutional ownership trends
.

Shares of MPWR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Monolithic Power Systems investors own include Humana (HUM), NVIDIA (NVDA), American Water Works (AWK), Meta Platforms (META), Waste Connections (WCN), Broadcom (AVGO) and Voyager Therapeutics (VYGR).

Company Calendar

Ex-Dividend for 10/15 Dividend
9/30/2024
Dividend Payable
10/15/2024
Last Earnings
10/30/2024
Today
11/20/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/05/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:MPWR
CUSIP
60983910
Employees
3,564
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$882.64
High Stock Price Target
$1,100.00
Low Stock Price Target
$660.00
Potential Upside/Downside
+57.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

Net Income
$427.37 million
Pretax Margin
25.64%

Debt

Sales & Book Value

Annual Sales
$1.82 billion
Cash Flow
$9.44 per share
Book Value
$42.75 per share

Miscellaneous

Free Float
46,975,000
Market Cap
$27.32 billion
Optionable
Optionable
Beta
1.15

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This page (NASDAQ:MPWR) was last updated on 11/21/2024 by MarketBeat.com Staff
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