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Monolithic Power System Inc (NASDAQ: MPWR) closed the day trading at $611.37 up 1.79% from the previous closing price of $600.63. In other words, the price has increased by $1.79 from its previous closing price. On the day, 0.51 million shares were traded. MPWR stock price reached its highest trading level at $617.81 during the session, while it also had its lowest trading level at $601.335.
Ratios:
For a better understanding of MPWR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.24. For the most recent quarter (mrq), Quick Ratio is recorded 6.11 and its Current Ratio is at 7.74. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, TD Cowen on February 08, 2024, Reiterated its Outperform rating but revised its target price to $800 from $650 previously.
On December 26, 2023, Rosenblatt reiterated its Buy rating and also lowered its target price recommendation from $550 to $750.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 08 ’24 when Sciammas Maurice sold 11,000 shares for $681.83 per share. The transaction valued at 7,500,104 led to the insider holds 130,744 shares of the business.
Hsing Michael sold 8,000 shares of MPWR for $5,419,521 on Apr 01 ’24. The CEO now owns 899,232 shares after completing the transaction at $677.44 per share. On Apr 01 ’24, another insider, BLEGEN THEODORE, who serves as the EVP & CFO of the company, sold 2,500 shares for $677.40 each. As a result, the insider received 1,693,493 and left with 78,223 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MPWR now has a Market Capitalization of 29749874688 and an Enterprise Value of 28126648320. As of this moment, Monolithic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.76, and their Forward P/E ratio for the next fiscal year is 37.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.34 while its Price-to-Book (P/B) ratio in mrq is 14.32. Its current Enterprise Value per Revenue stands at 15.445 whereas that against EBITDA is 53.892.
Stock Price History:
Over the past 52 weeks, MPWR has reached a high of $778.15, while it has fallen to a 52-week low of $383.19. The 50-Day Moving Average of the stock is -11.51%, while the 200-Day Moving Average is calculated to be 6.63%.
Shares Statistics:
Over the past 3-months, MPWR traded about 543.75K shares per day on average, while over the past 10 days, MPWR traded about 488240 shares per day. A total of 48.03M shares are outstanding, with a floating share count of 46.46M. Insiders hold about 4.52% of the company’s shares, while institutions hold 94.19% stake in the company. Shares short for MPWR as of 1711584000 were 1068598 with a Short Ratio of 1.97, compared to 1709164800 on 941563. Therefore, it implies a Short% of Shares Outstanding of 1068598 and a Short% of Float of 2.91.
Dividends & Splits
MPWR’s forward annual dividend rate is 4.25, up from 4.0 a year ago. Against a Trailing Annual Dividend Yield of 0.006659674The stock’s 5-year Average Dividend Yield is 0.7.
