Monolithic Power Systems (MPWR) Given Daily News Sentiment Score of 0.22
Media stories about Monolithic Power Systems (NASDAQ:MPWR) have been trending somewhat positive on Monday, Accern reports. Accern identifies negative and positive press coverage by reviewing 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 nearest to one being the most favorable. Monolithic Power Systems earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 45.2419826815436 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- $0.82 EPS Expected for Monolithic Power Systems, Inc. (MPWR) This Quarter (americanbankingnews.com)
- Hybrid Microcircuits Market to Witness Massive Growth in the Coming Years (mynewsdesk.com)
- Monolithic Power Systems, Inc. (MPWR) VP Sells $482,114.00 in Stock (americanbankingnews.com)
- Monolithic Power Systems, Inc. (MPWR) Upgraded at Zacks Investment Research (americanbankingnews.com)
- Monolithic Power Systems, Inc. (MPWR) Stock Rating Lowered by BidaskClub (americanbankingnews.com)
Shares of Monolithic Power Systems (MPWR) traded up 0.55% during midday trading on Monday, hitting $98.04. The company had a trading volume of 164,448 shares. The company has a market capitalization of $4.06 billion, a price-to-earnings ratio of 69.14 and a beta of 1.23. Monolithic Power Systems has a 12-month low of $71.60 and a 12-month high of $107.87. The company’s 50-day moving average price is $101.13 and its 200 day moving average price is $95.26.
Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings data on Wednesday, July 26th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.01. The firm had revenue of $112.20 million during the quarter, compared to analysts’ expectations of $110.94 million. Monolithic Power Systems had a net margin of 14.30% and a return on equity of 14.10%. The company’s revenue for the quarter was up 19.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.54 earnings per share. Equities research analysts predict that Monolithic Power Systems will post $2.87 earnings per share for the current fiscal year.
A number of equities analysts have weighed in on the company. Zacks Investment Research raised Monolithic Power Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. BidaskClub downgraded Monolithic Power Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $140.00 target price (up previously from $100.00) on shares of Monolithic Power Systems in a research report on Thursday, July 27th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $117.00 target price (up previously from $110.00) on shares of Monolithic Power Systems in a research report on Thursday, July 27th. Finally, Oppenheimer Holdings, Inc. set a $120.00 target price on Monolithic Power Systems and gave the company a “buy” rating in a research report on Wednesday, July 26th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $112.29.
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In other news, VP Saria Tseng sold 5,606 shares of the stock in a transaction on Monday, August 7th. The shares were sold at an average price of $101.94, for a total value of $571,475.64. Following the completion of the sale, the vice president now directly owns 285,136 shares of the company’s stock, valued at $29,066,763.84. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Theodore Blegen sold 462 shares of the stock in a transaction on Monday, July 31st. The stock was sold at an average price of $102.60, for a total transaction of $47,401.20. Following the completion of the sale, the chief financial officer now directly owns 42,353 shares of the company’s stock, valued at $4,345,417.80. The disclosure for this sale can be found here. Over the last three months, insiders sold 115,271 shares of company stock valued at $11,566,906. Corporate insiders own 4.00% of the company’s stock.
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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