With 0.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.88 million shares. The 52-week range on MPWR shows that it touched its highest point at $959.64 and its lowest point at $546.71 during that stretch. It currently has a 1-year price target of $833.92. With its current market cap of 29.30 billion, MPWR has annualized dividend of $5.00 while the current yield stands at 0.82%. Beta for the stock currently stands at 1.22.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MPWR was down-trending over the past week, with a drop of -8.84%, but this was down by -2.64% over a month. Three-month performance surged to 7.85% while six-month performance fell -34.50%. The stock lost -17.69% in the past year, while it has gained 3.46% so far this year. A look at the trailing 12-month EPS for MPWR yields 36.77 with Next year EPS estimates of 20.09. For the next quarter, that number is 3.94. This implies an EPS growth rate of 18.58% for this year and 19.96% for next year. EPS is expected to grow by 18.48% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 72.75%.
Float and Shares Shorts:
At present, 47.82 million MPWR shares are outstanding with a float of 45.92 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MPWR since 9 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $14.03665 being high and $13.9868 being low. For MPWR, this leads to a yearly average estimate of $14.00674. Based on analyst estimates, the high estimate for the next quarter is $4.13 and the low estimate is $3.87. The average estimate for the next quarter is thus $3.99.
Summary of Insider Activity:
Insiders traded MPWR stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
