Monolithic Power Systems (MPWR) Getting Somewhat Favorable Media Coverage, Study Shows
News articles about Monolithic Power Systems (NASDAQ:MPWR) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Monolithic Power Systems earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 45.20960318699 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Monolithic Power Systems Inc (finance.yahoo.com)
- IHS Markit Score upgrades Monolithic Power Systems Inc to 43 out of 100, ranking positively in two out of four IHS Markit categories. (finance.yahoo.com)
- Edited Transcript of MPWR earnings conference call or presentation 26-Jul-17 9:00pm GMT (finance.yahoo.com)
- Monolithic Power Systems, Inc. (NASDAQ:MPWR) Receives Consensus Rating of “Buy” from Brokerages (americanbankingnews.com)
- Monolithic Power Systems, Inc. (NASDAQ:MPWR) Insider Deming Xiao Sells 6,004 Shares (americanbankingnews.com)
A number of analysts recently commented on the company. Oppenheimer Holdings, Inc. upped their price objective on Monolithic Power Systems from $100.00 to $110.00 in a research report on Monday, July 24th. Needham & Company LLC reiterated a “buy” rating and set a $140.00 price objective (up previously from $100.00) on shares of Monolithic Power Systems in a research report on Thursday, July 27th. Stifel Nicolaus reiterated a “buy” rating and set a $117.00 price objective (up previously from $110.00) on shares of Monolithic Power Systems in a research report on Thursday, July 27th. Zacks Investment Research upgraded Monolithic Power Systems from a “hold” rating to a “buy” rating and set a $102.00 price objective for the company in a research report on Tuesday, May 2nd. Finally, Deutsche Bank AG reiterated a “buy” rating and set a $97.00 price objective (up previously from $95.00) on shares of Monolithic Power Systems in a research report on Friday, April 28th. One investment analyst has rated the stock with a sell rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Monolithic Power Systems currently has an average rating of “Buy” and a consensus target price of $112.29.
Shares of Monolithic Power Systems (MPWR) opened at 101.10 on Friday. The stock has a market cap of $4.18 billion, a PE ratio of 71.30 and a beta of 1.23. The company’s 50-day moving average price is $100.75 and its 200-day moving average price is $94.57. Monolithic Power Systems has a 52-week low of $71.60 and a 52-week high of $107.87.
Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings results on Wednesday, July 26th. The semiconductor company reported $0.68 EPS for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.01. Monolithic Power Systems had a return on equity of 14.10% and a net margin of 14.30%. The company had revenue of $112.20 million during the quarter, compared to analysts’ expectations of $110.94 million. During the same quarter in the previous year, the firm posted $0.54 EPS. The firm’s revenue was up 19.3% compared to the same quarter last year. On average, equities research analysts forecast that Monolithic Power Systems will post $2.87 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $0.80 dividend on an annualized basis and a yield of 0.79%. Monolithic Power Systems’s dividend payout ratio is currently 56.74%.
In other Monolithic Power Systems news, CEO Michael Hsing sold 19,766 shares of Monolithic Power Systems stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $101.96, for a total transaction of $2,015,341.36. Following the completion of the transaction, the chief executive officer now owns 1,174,800 shares in the company, valued at approximately $119,782,608. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Saria Tseng sold 4,996 shares of Monolithic Power Systems stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $95.37, for a total value of $476,468.52. Following the transaction, the vice president now owns 287,759 shares of the company’s stock, valued at approximately $27,443,575.83. The disclosure for this sale can be found here. Insiders have sold a total of 120,573 shares of company stock valued at $11,947,693 in the last quarter. Company insiders own 4.00% of the company’s stock.
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About Monolithic Power Systems
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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