Monolithic Power Systems (MPWR) Earns Coverage Optimism Rating of 0.20
News stories about Monolithic Power Systems (NASDAQ:MPWR) have been trending somewhat positive on Thursday, according to Accern. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Monolithic Power Systems earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 45.704428977076 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Stocks With Rising Composite Ratings: Monolithic Power Systems (finance.yahoo.com)
- Maurice Sciammas Sells 1,693 Shares of Monolithic Power Systems, Inc. (MPWR) Stock (americanbankingnews.com)
- Monolithic Power Systems, Inc. (MPWR) Rating Increased to Hold at Zacks Investment Research (americanbankingnews.com)
- Advanced Semiconductor Engineering (ASX) versus Monolithic Power Systems (MPWR) Critical Survey (topix.com)
- Monolithic Power Systems, Inc. (MPWR) Expected to Post Quarterly Sales of $126.16 Million (americanbankingnews.com)
Monolithic Power Systems (NASDAQ MPWR) opened at 101.37 on Thursday. Monolithic Power Systems has a 52 week low of $75.04 and a 52 week high of $107.87. The stock’s 50 day moving average price is $101.27 and its 200-day moving average price is $97.05. The company has a market cap of $4.20 billion, a price-to-earnings ratio of 71.49 and a beta of 1.22.
Monolithic Power Systems (NASDAQ:MPWR) last announced its earnings results on Wednesday, July 26th. The semiconductor company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.01. The firm had revenue of $112.20 million for the quarter, compared to the consensus estimate 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 quarter in the previous year, the business earned $0.54 EPS. On average, equities research analysts forecast that Monolithic Power Systems will post $2.87 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.79%. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 56.74%.
Several analysts have issued reports on MPWR shares. Pacific Crest restated an “overweight” rating and issued a $110.00 price objective on shares of Monolithic Power Systems in a research note on Wednesday, June 21st. Zacks Investment Research lowered Monolithic Power Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, June 28th. BidaskClub lowered Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 5th. Oppenheimer Holdings, Inc. upped their price objective on Monolithic Power Systems from $100.00 to $110.00 in a research note on Monday, July 24th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $117.00 price objective (up previously from $110.00) on shares of Monolithic Power Systems in a research note on Thursday, July 27th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Monolithic Power Systems has an average rating of “Buy” and an average target price of $112.63.
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In related news, VP Maurice Sciammas sold 1,693 shares of Monolithic Power Systems stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $104.09, for a total value of $176,224.37. Following the sale, the vice president now owns 367,695 shares of the company’s stock, valued at approximately $38,273,372.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Theodore Blegen sold 4,604 shares of Monolithic Power Systems stock in a transaction that occurred on Monday, June 26th. The stock was sold at an average price of $99.00, for a total transaction of $455,796.00. Following the completion of the sale, the chief financial officer now directly owns 42,530 shares in the company, valued at approximately $4,210,470. The disclosure for this sale can be found here. Insiders sold a total of 119,423 shares of company stock worth $12,119,582 in the last ninety days. 4.00% of the stock is currently owned by insiders.
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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