Equities research analysts forecast that Monolithic Power Systems, Inc. (NASDAQ:MPWR) will post $125.21 million in sales for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Monolithic Power Systems’ earnings. The lowest sales estimate is $125.00 million and the highest is $125.70 million. Monolithic Power Systems posted sales of $100.36 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 24.8%. The firm is scheduled to report its next quarterly earnings results on Wednesday, April 25th.

According to Zacks, analysts expect that Monolithic Power Systems will report full year sales of $562.79 million for the current financial year, with estimates ranging from $557.00 million to $567.40 million. For the next fiscal year, analysts forecast that the company will post sales of $655.52 million per share, with estimates ranging from $635.00 million to $677.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that cover Monolithic Power Systems.

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Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings results on Thursday, February 8th. The semiconductor company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.02. The company had revenue of $129.43 million during the quarter, compared to the consensus estimate of $126.19 million. Monolithic Power Systems had a return on equity of 16.51% and a net margin of 13.85%. Monolithic Power Systems’s revenue was up 24.9% on a year-over-year basis. During the same period last year, the company earned $0.65 earnings per share.

MPWR has been the subject of a number of analyst reports. BidaskClub upgraded Monolithic Power Systems from a “hold” rating to a “buy” rating in a research report on Friday, December 22nd. Zacks Investment Research downgraded Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Finally, Raymond James Financial initiated coverage on Monolithic Power Systems in a research report on Thursday, April 12th. They issued a “strong-buy” rating and a $140.00 price target for the company. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $130.44.

In other news, CFO Theodore Blegen sold 450 shares of Monolithic Power Systems stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $120.66, for a total transaction of $54,297.00. Following the completion of the sale, the chief financial officer now directly owns 40,142 shares in the company, valued at $4,843,533.72. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director James C. Moyer sold 15,000 shares of Monolithic Power Systems stock in a transaction on Monday, April 9th. The stock was sold at an average price of $113.41, for a total value of $1,701,150.00. Following the sale, the director now owns 666,815 shares of the company’s stock, valued at $75,623,489.15. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 354,741 shares of company stock valued at $39,862,980. Corporate insiders own 4.00% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Xact Kapitalforvaltning AB bought a new stake in shares of Monolithic Power Systems during the fourth quarter worth $443,000. Envestnet Asset Management Inc. lifted its position in shares of Monolithic Power Systems by 3.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 12,574 shares of the semiconductor company’s stock worth $1,412,000 after purchasing an additional 431 shares during the last quarter. We Are One Seven LLC bought a new stake in shares of Monolithic Power Systems during the fourth quarter worth $418,000. MetLife Investment Advisors LLC bought a new stake in shares of Monolithic Power Systems during the fourth quarter worth $4,701,000. Finally, Macquarie Group Ltd. lifted its position in shares of Monolithic Power Systems by 16.6% during the fourth quarter. Macquarie Group Ltd. now owns 137,300 shares of the semiconductor company’s stock worth $15,427,000 after purchasing an additional 19,550 shares during the last quarter. Institutional investors and hedge funds own 91.07% of the company’s stock.

Shares of MPWR opened at $122.01 on Tuesday. The firm has a market capitalization of $5,090.84, a P/E ratio of 65.95, a P/E/G ratio of 2.53 and a beta of 1.28. Monolithic Power Systems has a 52-week low of $89.21 and a 52-week high of $127.61.

The business also recently declared a quarterly dividend, which was paid on Friday, April 13th. Investors of record on Friday, March 30th were given a $0.30 dividend. The ex-dividend date was Wednesday, March 28th. This is an increase from Monolithic Power Systems’s previous quarterly dividend of $0.20. This represents a $1.20 dividend on an annualized basis and a yield of 0.98%. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 64.86%.

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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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