With 1.15 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.89 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 27.84 billion, MPWR has annualized dividend of $5.00 while the current yield stands at 0.86%. Beta for the stock currently stands at 1.21.
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 up-trending over the past week, with a rise of 0.46%, but this was down by -12.00% over a month. Three-month performance dropped to -0.01% while six-month performance fell -30.89%. The stock lost -20.48% in the past year, while it has lost -1.71% so far this year. A look at the trailing 12-month EPS for MPWR yields 36.77 with Next year EPS estimates of 20.08. For the next quarter, that number is 3.94. This implies an EPS growth rate of 18.58% for this year and 19.95% 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.
