Monolithic Power Systems (MPWR) Receiving Somewhat Positive Media Coverage, Report Finds
News coverage about Monolithic Power Systems (NASDAQ:MPWR) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. 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 media sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 45.8335048670697 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Monolithic Power Systems (NASDAQ MPWR) opened at $122.89 on Friday. Monolithic Power Systems has a one year low of $84.45 and a one year high of $126.80. The stock has a market capitalization of $5,100.00, a price-to-earnings ratio of 75.86, a P/E/G ratio of 2.60 and a beta of 1.26.
Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.02. Monolithic Power Systems had a return on equity of 15.40% and a net margin of 15.66%. The company had revenue of $128.90 million for the quarter, compared to analyst estimates of $126.11 million. During the same period in the previous year, the company posted $0.66 EPS. The firm’s revenue for the quarter was up 21.0% compared to the same quarter last year. equities analysts expect that Monolithic Power Systems will post 1.8 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were paid a $0.20 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.80 dividend on an annualized basis and a yield of 0.65%. Monolithic Power Systems’s dividend payout ratio is currently 49.38%.
A number of research analysts have recently commented on MPWR shares. Oppenheimer upped their price target on Monolithic Power Systems from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, October 27th. Deutsche Bank upped their price target on Monolithic Power Systems from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday, October 24th. Zacks Investment Research raised Monolithic Power Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. BidaskClub cut Monolithic Power Systems from a “buy” rating to a “hold” rating in a research report on Saturday, December 16th. Finally, Stifel Nicolaus upped their price target on Monolithic Power Systems from $126.00 to $137.00 and gave the company a “buy” rating in a research report on Tuesday, November 7th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $129.25.
In other Monolithic Power Systems news, VP Maurice Sciammas sold 5,607 shares of the company’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $123.06, for a total value of $689,997.42. Following the transaction, the vice president now directly owns 362,088 shares in the company, valued at approximately $44,558,549.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James C. Moyer sold 15,000 shares of the company’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $113.70, for a total value of $1,705,500.00. Following the completion of the transaction, the director now owns 720,225 shares in the company, valued at $81,889,582.50. The disclosure for this sale can be found here. Insiders sold a total of 82,994 shares of company stock worth $10,010,168 over the last 90 days. Corporate 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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