Monolithic Power Systems (MPWR) Receiving Somewhat Positive Press Coverage, Study Shows
News coverage about Monolithic Power Systems (NASDAQ:MPWR) has trended somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Monolithic Power Systems earned a news impact score of 0.14 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 45.9248286021785 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Monolithic Power Systems, Inc. (MPWR) Upgraded to Hold at Zacks Investment Research (americanbankingnews.com)
- Monolithic Power Systems, Inc. (MPWR) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
- MONOLITHIC POWER SYSTEMS, INC. : ex-dividend day (4-traders.com)
- Monolithic Power Systems, Inc. (MPWR) Ex-Dividend Date Scheduled for September 28, 2017 – Nasdaq (nasdaq.com)
- Ex-Dividend Reminder: Monolithic Power Systems, Western Digital and MercadoLibre (nasdaq.com)
Shares of Monolithic Power Systems (NASDAQ MPWR) opened at 107.55 on Tuesday. The firm’s 50-day moving average price is $101.87 and its 200-day moving average price is $97.98. Monolithic Power Systems has a 52-week low of $75.04 and a 52-week high of $107.87. The stock has a market cap of $4.45 billion, a P/E ratio of 75.85 and a beta of 1.26.
Monolithic Power Systems (NASDAQ:MPWR) last posted its quarterly earnings results on Wednesday, July 26th. The semiconductor company reported $0.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.01. Monolithic Power Systems had a net margin of 14.30% and a return on equity of 14.10%. The business had revenue of $112.20 million for the quarter, compared to the consensus estimate of $110.94 million. During the same period in the prior year, the business posted $0.54 earnings per share. Monolithic Power Systems’s revenue for the quarter was up 19.3% compared to the same quarter last year. On average, equities research analysts forecast that Monolithic Power Systems will post $2.87 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be given a dividend of $0.20 per share. The ex-dividend date is Thursday, September 28th. This represents a $0.80 dividend on an annualized basis and a yield of 0.74%. Monolithic Power Systems’s payout ratio is 56.74%.
A number of analysts recently issued reports on the stock. BidaskClub lowered shares of Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 5th. Stifel Nicolaus restated a “buy” rating and set a $117.00 price objective (up previously from $110.00) on shares of Monolithic Power Systems in a report on Thursday, July 27th. KeyCorp reaffirmed a “buy” rating and issued a $115.00 price objective on shares of Monolithic Power Systems in a research report on Friday, September 1st. Zacks Investment Research upgraded Monolithic Power Systems from a “sell” rating to a “hold” rating in a research note on Wednesday, September 13th. Finally, Oppenheimer Holdings, Inc. set a $120.00 target price on Monolithic Power Systems and gave the company a “buy” rating in a research note on Wednesday, July 26th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Monolithic Power Systems currently has a consensus rating of “Buy” and an average price target of $112.63.
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In related news, CEO Michael Hsing sold 19,766 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $101.96, for a total transaction of $2,015,341.36. Following the transaction, the chief executive officer now owns 1,174,800 shares of the company’s stock, valued at $119,782,608. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Saria Tseng sold 4,996 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $96.50, for a total transaction of $482,114.00. Following the transaction, the vice president now directly owns 282,327 shares in the company, valued at approximately $27,244,555.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 112,819 shares of company stock worth $11,472,966. Insiders own 4.00% of the company’s stock.
About Monolithic Power Systems
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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