Market Highlights: MPLX LP (MPLX) Ends on a Low Note at 40.71

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

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.


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.

Most Popular