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

$860.66
-6.65 (-0.77%)
(As of 09/18/2024 ET)

About Monolithic Power Systems Stock (NASDAQ:MPWR)

Key Stats

Today's Range
$856.48
$890.47
50-Day Range
$757.04
$947.16
52-Week Range
$392.10
$959.64
Volume
446,926 shs
Average Volume
535,198 shs
Market Capitalization
$41.90 billion
P/E Ratio
102.58
Dividend Yield
0.58%
Price Target
$912.30
Consensus Rating
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™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 94th Percentile

Monolithic Power Systems scored higher than 94% of companies evaluated by MarketBeat, and ranked 80th out of 671 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 Buy. The company's average rating score is 3.10, and is based on 9 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Monolithic Power Systems has been the subject of 7 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 34.01% in the coming year, from $10.41 to $13.95 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Monolithic Power Systems is 102.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.09.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Monolithic Power Systems is 102.58, 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 270.12.

  • Price to Earnings Growth Ratio

    Monolithic Power Systems has a PEG Ratio of 4.14. 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 20.13. 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

    3.16% 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 2.7, 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 5.48%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Monolithic Power Systems has a dividend yield of 0.56%, 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 59.59%. 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 35.84% 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

    3.16% 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 2.7, 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 5.48%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Monolithic Power Systems has a news sentiment score of 1.31. 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 0.59 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Monolithic Power Systems this week, compared to 9 articles on an average week.
  • Search Interest

    Only 15 people have searched for MPWR on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • MarketBeat Follows

    Only 5 people have added Monolithic Power Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% 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 $83,140,933.00 in company stock.

  • Percentage Held by Insiders

    Only 3.20% 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.

MPWR Stock News Headlines

War on Elon Escalates…
Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adoption of this technology for decades. By doing so he has put himself in the crosshairs of an ideological war with the global elites. And yet, while this new technology threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
See More Headlines

MPWR Stock Analysis - Frequently Asked Questions

Monolithic Power Systems' stock was trading at $630.78 at the start of the year. Since then, MPWR shares have increased by 36.4% and is now trading at $860.66.
View the best growth stocks for 2024 here
.

Monolithic Power Systems, Inc. (NASDAQ:MPWR) announced its quarterly earnings results on Thursday, August, 1st. The semiconductor company reported $3.17 earnings per share for the quarter, beating analysts' consensus estimates of $3.07 by $0.10. The business's quarterly revenue was up 15.0% compared to the same quarter last year.
Read the conference call transcript
.

Top institutional shareholders of Monolithic Power Systems include Massachusetts Financial Services Co. MA (1.93%), Vaughan Nelson Investment Management L.P. (0.96%), Van ECK Associates Corp (0.73%) and Bank of New York Mellon Corp (0.67%). Insiders that own company stock include Michael Hsing, Saria Tseng, Maurice Sciammas, Theodore Blegen, Victor K Lee, Deming Xiao, 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 NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Micron Technology (MU), Lam Research (LRCX), Broadcom (AVGO) and QUALCOMM (QCOM).

Company Calendar

Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Last Earnings
8/01/2024
Today
9/18/2024
Ex-Dividend for 10/15 Dividend
9/30/2024
Dividend Payable
10/15/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

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
$912.30
High Stock Price Target
$1,100.00
Low Stock Price Target
$700.00
Potential Upside/Downside
+6.0%
Consensus Rating
Buy
Rating Score (0-4)
3.10
Research Coverage
10 Analysts

Profitability

Net Income
$427.37 million
Pretax Margin
25.68%

Debt

Sales & Book Value

Annual Sales
$1.89 billion
Cash Flow
$9.29 per share
Book Value
$42.75 per share

Miscellaneous

Free Float
47,121,000
Market Cap
$41.90 billion
Optionable
Optionable
Beta
1.12

Social Links

Should I Buy Monolithic Power Systems Stock? MPWR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 22, 2024. Please send any questions or comments about these Monolithic Power Systems pros and cons to contact@marketbeat.com.

Monolithic Power Systems
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Monolithic Power Systems, Inc.:

  • Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for various markets, indicating a diverse revenue stream.

Monolithic Power Systems
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Monolithic Power Systems, Inc. for these reasons:

  • Current stock price of Monolithic Power Systems, Inc. may not be favorable for short-term gains, requiring a longer-term investment horizon.

This page (NASDAQ:MPWR) was last updated on 9/18/2024 by MarketBeat.com Staff
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