Monolithic Power Systems (MPWR) Receives Daily News Impact Rating of 0.13
Media stories about Monolithic Power Systems (NASDAQ:MPWR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Monolithic Power Systems earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the semiconductor company an impact score of 45.235991365525 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- ETFs with exposure to Monolithic Power Systems, Inc. : August 4, 2017 (finance.yahoo.com)
- Insider Selling: Monolithic Power Systems, Inc. (MPWR) CFO Sells 462 Shares of Stock (americanbankingnews.com)
- Monolithic Power Systems, Inc. (NASDAQ:MPWR) Director Sells $1,237,440.00 in Stock (americanbankingnews.com)
- Monolithic Power Systems, Inc. :MPWR-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017 (finance.yahoo.com)
- Insider Selling: Monolithic Power Systems, Inc. (NASDAQ:MPWR) VP Sells 10,828 Shares of Stock (americanbankingnews.com)
A number of analysts recently commented on the company. Stifel Nicolaus reiterated a “buy” rating and set a $117.00 price target (up from $110.00) on shares of Monolithic Power Systems in a report on Thursday, July 27th. BidaskClub lowered Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Oppenheimer Holdings, Inc. set a $120.00 price target on Monolithic Power Systems and gave the stock a “buy” rating in a report on Wednesday, July 26th. Needham & Company LLC restated a “buy” rating and issued a $140.00 target price (up from $100.00) on shares of Monolithic Power Systems in a research note on Thursday, July 27th. Finally, Zacks Investment Research lowered Monolithic Power Systems from a “hold” rating to a “sell” rating in a research note on Wednesday. One research analyst has rated the stock with a sell rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $112.29.
Shares of Monolithic Power Systems (NASDAQ:MPWR) traded up 0.11% during mid-day trading on Friday, hitting $101.55. The company’s stock had a trading volume of 188,146 shares. Monolithic Power Systems has a 52-week low of $70.00 and a 52-week high of $107.87. The stock’s 50 day moving average price is $99.72 and its 200 day moving average price is $93.86. The company has a market cap of $4.20 billion, a price-to-earnings ratio of 71.61 and a beta of 1.23.
Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings results on Wednesday, July 26th. The semiconductor company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.01. The firm had revenue of $112.20 million for the quarter, compared to analysts’ expectations of $110.94 million. Monolithic Power Systems had a return on equity of 14.10% and a net margin of 14.30%. The company’s revenue was up 19.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.54 EPS. Equities analysts forecast that Monolithic Power Systems will post $2.87 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were issued a dividend of $0.20 per share. The ex-dividend date was Wednesday, June 28th. This represents a $0.80 annualized dividend and a dividend yield of 0.79%. Monolithic Power Systems’s payout ratio is 56.74%.
In related news, CFO Theodore Blegen sold 462 shares of the firm’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $102.60, for a total value of $47,401.20. Following the transaction, the chief financial officer now directly owns 42,353 shares of the company’s stock, valued at approximately $4,345,417.80. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director James C. Moyer sold 12,000 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $103.12, for a total value of $1,237,440.00. The disclosure for this sale can be found here. Insiders have sold a total of 89,197 shares of company stock worth $8,748,708 over the last three months. Insiders own 4.00% of the company’s stock.
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Monolithic Power Systems Company Profile
Monolithic Power Systems, Inc designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The Company operates in the design, development, marketing and sale of power solutions for the communications, storage and computing, consumer and industrial markets segment.
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