Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, MP Materials Corporation’s stock clocked out at $23.46, down -1.30% from its previous closing price of $23.77. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 1.97 million shares were traded.
Ratios:
To gain a deeper understanding of MP’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.63 and its Current Ratio is at 6.29. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.87.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Robert W. Baird on September 27, 2024, Reiterated its Outperform rating but revised its target price to $25 from $20 previously.
On July 15, 2024, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $16.50.
JP Morgan Downgraded its Overweight to Neutral on April 23, 2024, whereas the target price for the stock was revised from $20 to $16.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 04 ’25 when Litinsky James H. sold 386,223 shares for $24.01 per share. The transaction valued at 9,273,214 led to the insider holds 15,643,076 shares of the business.
Litinsky James H. sold 1,579,110 shares of MP for $36,934,246 on Dec 03 ’24. The Chairman and CEO now owns 16,029,299 shares after completing the transaction at $23.39 per share. On Dec 02 ’24, another insider, Litinsky James H., who serves as the Chairman and CEO of the company, sold 234,667 shares for $20.68 each. As a result, the insider received 4,852,914 and left with 17,608,409 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 18.78 while its Price-to-Book (P/B) ratio in mrq is 3.63.
Stock Price History:
Over the past 52 weeks, MP has reached a high of $26.00, while it has fallen to a 52-week low of $10.02. The 50-Day Moving Average of the stock is 12.70%, while the 200-Day Moving Average is calculated to be 37.28%.
Shares Statistics:
A total of 163.20M shares are outstanding, with a floating share count of 117.43M. Insiders hold about 28.05% of the company’s shares, while institutions hold 66.53% stake in the company.
