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

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.

Key Stats

• Today's Range: $582.29 to $603.19
• 50-Day Range: $560.06 to $943.21
• 52-Week Range: $546.71 to $959.64
• Volume: 2.36 million shs
• Average Volume: 962,286 shs
• Market Capitalization: $28.94 billion
• P/E Ratio: 66.88
• Dividend Yield: 0.84%
• Price Target: $828.67
• Consensus Rating: Moderate Buy

Monolithic Power Systems Stock Analysis - MarketRank™

Monolithic Power Systems scored higher than 100% of companies evaluated by MarketBeat, and ranked 6th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Monolithic Power Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Monolithic Power Systems has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 27.53%

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 66.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Monolithic Power Systems is 66.88, 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 244.83.

Price to Earnings Growth Ratio

Monolithic Power Systems has a PEG Ratio of 2.90. 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 13.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.28% 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 2.5, 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 decreased by 17.06%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Monolithic Power Systems has a dividend yield of 0.84%, 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.

Sustainability and ESG

• Score: 2.3 / 5
• Environmental Score: -1.24

Percentage of Shares Shorted

4.28% 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 2.5, 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 decreased by 17.06%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.99

News Sentiment

Monolithic Power Systems has a news sentiment score of 0.99. 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 0.66 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Monolithic Power Systems this week, compared to 12 articles on an average week.

Search Interest

Only 36 people have searched for MPWR on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

MarketBeat Follows

Only 16 people have added Monolithic Power Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $17,153,021.00 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.

MPWR Stock Analysis - Frequently Asked Questions

How have MPWR shares performed this year?

Monolithic Power Systems' stock was trading at $630.78 on January 1st, 2024. Since then, MPWR shares have decreased by 6.0% and is now trading at $593.22.
View the best growth stocks for 2024 here.

How were Monolithic Power Systems' earnings last quarter?

Monolithic Power Systems, Inc. (NASDAQ:MPWR) released its quarterly earnings data 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 earned $620.12 million during the quarter, compared to analysts' expectations of $600.10 million. Monolithic Power Systems had a trailing twelve-month return on equity of 20.44% and a net margin of 21.29%.
Read the conference call transcript.

Who are Monolithic Power Systems' major shareholders?

Top institutional shareholders of Monolithic Power Systems include FMR LLC (7.21%), State Street Corp (4.27%), Franklin Resources Inc. (3.30%) and Geode Capital Management LLC (2.74%). 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.

How do I buy shares of Monolithic Power Systems?

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.

What other stocks do shareholders of Monolithic Power Systems own?

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: 12/21/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/15/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:MPWR
• CUSIP: 60983910
• CIK: 1280452
• Web: www.monolithicpower.com
• Phone: (425) 296-9956
• Fax: 408-826-0601
• Employees: 3,564
• Year Founded: 1997

Price Target and Rating

• Average Stock Price Target: $828.67
• High Stock Price Target: $1,100.00
• Low Stock Price Target: $600.00
• Potential Upside/Downside: +39.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.87
• Trailing P/E Ratio: 66.88
• Forward P/E Ratio: 56.71
• P/E Growth: 2.9
• Net Income: $427.37 million
• Net Margins: 21.29%
• Pretax Margin: 25.64%
• Return on Equity: 20.44%
• Return on Assets: 16.93%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.42
• Quick Ratio: 5.16

Sales & Book Value

• Annual Sales: $2.04 billion
• Price / Sales: 14.19
• Cash Flow: $9.42 per share
• Price / Cash Flow: 62.95
• Book Value: $42.75 per share
• Price / Book: 13.88

Miscellaneous

• Outstanding Shares: 48,780,000
• Free Float: 46,975,000
• Market Cap: $28.94 billion
• Optionable: Optionable
• Beta: 1.05