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The price of MPLX LP (NYSE: MPLX) closed at $40.71 in the last session, down -0.02% from day before closing price of $40.72. In other words, the price has decreased by -$0.02 from its previous closing price. On the day, 1.11 million shares were traded. MPLX stock price reached its highest trading level at $40.795 during the session, while it also had its lowest trading level at $40.31.
Ratios:
We take a closer look at MPLX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 107.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.32. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.72. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.44.
On March 14, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $37 to $41.
Wolfe Research Upgraded its Peer Perform to Outperform on January 09, 2023, while the target price for the stock was maintained at $36.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MPLX now has a Market Capitalization of 41615388672 and an Enterprise Value of 62730326016. As of this moment, MPLX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.46, and their Forward P/E ratio for the next fiscal year is 9.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.83 while its Price-to-Book (P/B) ratio in mrq is 3.20. Its current Enterprise Value per Revenue stands at 5.813 whereas that against EBITDA is 11.27.
Stock Price History:
Over the past 52 weeks, MPLX has reached a high of $42.90, while it has fallen to a 52-week low of $33.12. The 50-Day Moving Average of the stock is -0.88%, while the 200-Day Moving Average is calculated to be 7.59%.
Shares Statistics:
According to the various share statistics, MPLX traded on average about 2.00M shares per day over the past 3-months and 2104220 shares per day over the past 10 days. A total of 1.00B shares are outstanding, with a floating share count of 356.37M. Insiders hold about 64.93% of the company’s shares, while institutions hold 21.52% stake in the company. Shares short for MPLX as of 1715731200 were 11131950 with a Short Ratio of 5.57, compared to 1713139200 on 10453500. Therefore, it implies a Short% of Shares Outstanding of 11131950 and a Short% of Float of 2.98.
Dividends & Splits
The forward annual dividend rate for MPLX is 3.32, which was 3.325 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.081655204The stock’s 5-year Average Dividend Yield is 10.29.
