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After finishing at $44.05 in the prior trading day, MPLX LP (NYSE: MPLX) closed at $43.97, down -0.18%. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 1.44 million shares were traded. MPLX stock price reached its highest trading level at $44.4291 during the session, while it also had its lowest trading level at $43.83.
Ratios:
Our goal is to gain a better understanding of MPLX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.72. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 1.65 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 44874903552 and an Enterprise Value of 65382100992. As of this moment, MPLX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.65, and their Forward P/E ratio for the next fiscal year is 9.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.08 while its Price-to-Book (P/B) ratio in mrq is 3.34. Its current Enterprise Value per Revenue stands at 5.958 whereas that against EBITDA is 11.593.
Stock Price History:
Over the past 52 weeks, MPLX has reached a high of $45.24, while it has fallen to a 52-week low of $35.06. The 50-Day Moving Average of the stock is 2.15%, while the 200-Day Moving Average is calculated to be 7.31%.
Shares Statistics:
The stock has traded on average 1.50M shares per day over the past 3-months and 1191490 shares per day over the last 10 days, according to various share statistics. A total of 1.00B shares are outstanding, with a floating share count of 365.82M. Insiders hold about 64.16% of the company’s shares, while institutions hold 22.84% stake in the company. Shares short for MPLX as of 1727654400 were 9746344 with a Short Ratio of 6.51, compared to 1724976000 on 9182904. Therefore, it implies a Short% of Shares Outstanding of 9746344 and a Short% of Float of 2.6199998.
Dividends & Splits
In the trailing 12 months, MPLX’s forward annual dividend rate was 3.4, compared to 3.40 this year. Against a Trailing Annual Dividend Yield of 0.07718502The stock’s 5-year Average Dividend Yield is 10.22.
