News articles about Monolithic Power Systems (NASDAQ:MPWR) have trended somewhat positive on Saturday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Monolithic Power Systems earned a news impact score of 0.17 on Accern’s scale. Accern also gave press coverage about the semiconductor company an impact score of 45.934477112115 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Monolithic Power Systems (NASDAQ:MPWR) traded down $0.95 on Friday, hitting $112.36. The stock had a trading volume of 197,122 shares, compared to its average volume of 301,939. The company has a market capitalization of $4,660.00, a PE ratio of 69.36, a PEG ratio of 3.50 and a beta of 1.25. Monolithic Power Systems has a 1-year low of $81.36 and a 1-year high of $126.80.
Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.02. The business had revenue of $128.90 million for the quarter, compared to analysts’ expectations of $126.11 million. Monolithic Power Systems had a return on equity of 15.40% and a net margin of 15.66%. Monolithic Power Systems’s quarterly revenue was up 21.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.66 earnings per share. sell-side analysts forecast that Monolithic Power Systems will post 1.8 EPS for the current year.
Several equities research analysts have recently issued reports on MPWR shares. Stifel Nicolaus reiterated a “buy” rating and set a $117.00 price target on shares of Monolithic Power Systems in a report on Sunday, September 3rd. KeyCorp reissued a “buy” rating and issued a $115.00 price objective on shares of Monolithic Power Systems in a research note on Friday, September 1st. Deutsche Bank raised their price objective on Monolithic Power Systems from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Tuesday, October 24th. SunTrust Banks assumed coverage on Monolithic Power Systems in a research note on Tuesday, October 10th. They issued a “buy” rating and a $132.00 price objective on the stock. Finally, BidaskClub raised Monolithic Power Systems from a “hold” rating to a “buy” rating in a research report on Friday, December 22nd. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Monolithic Power Systems presently has a consensus rating of “Buy” and a consensus target price of $129.25.
In related news, CFO Theodore Blegen sold 462 shares of the business’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $120.68, for a total value of $55,754.16. Following the sale, the chief financial officer now owns 41,160 shares of the company’s stock, valued at approximately $4,967,188.80. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Michael Hsing sold 19,765 shares of the business’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $123.06, for a total value of $2,432,280.90. Following the completion of the sale, the chief executive officer now directly owns 1,125,086 shares in the company, valued at approximately $138,453,083.16. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 97,994 shares of company stock worth $11,636,168. 4.00% of the stock is currently owned by company insiders.
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Monolithic Power Systems Company Profile
Monolithic Power Systems, Inc designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The Company operates in the design, development, marketing and sale of power solutions for the communications, storage and computing, consumer and industrial markets segment.
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