Somewhat Positive News Coverage Somewhat Unlikely to Affect Monolithic Power Systems (MPWR) Stock Price
News stories about Monolithic Power Systems (NASDAQ:MPWR) have trended somewhat positive recently, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Monolithic Power Systems earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned media coverage about the semiconductor company an impact score of 45.4436638723526 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Monolithic Power Systems, Inc. (MPWR) VP Sells $627,848.76 in Stock (americanbankingnews.com)
- Monolithic Power Systems, Inc. (MPWR) Director Sells $1,237,600.00 in Stock (americanbankingnews.com)
- Monolithic Power Systems, Inc. (MPWR) CFO Sells $13,319.90 in Stock (americanbankingnews.com)
- Monolithic Power Systems, Inc. (MPWR) Given Consensus Rating of “Buy” by Brokerages (americanbankingnews.com)
- Analyzing Monolithic Power Systems (MPWR) and OmniVision Technologies (OVTI) (americanbankingnews.com)
Several research firms have commented on MPWR. Stifel Nicolaus lifted their target price on shares of Monolithic Power Systems from $126.00 to $137.00 and gave the stock a “buy” rating in a research note on Tuesday, November 7th. BidaskClub cut shares of Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 2nd. KeyCorp reaffirmed a “buy” rating and issued a $115.00 target price on shares of Monolithic Power Systems in a research note on Friday, September 1st. Zacks Investment Research raised shares of Monolithic Power Systems from a “sell” rating to a “hold” rating in a research note on Wednesday, September 13th. Finally, Oppenheimer Holdings, Inc. lifted their target price on shares of Monolithic Power Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, October 27th. One analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $129.25.
Shares of Monolithic Power Systems (NASDAQ:MPWR) traded up $1.18 during midday trading on Friday, hitting $125.54. 58,193 shares of the stock traded hands, compared to its average volume of 273,692. Monolithic Power Systems has a one year low of $75.08 and a one year high of $126.80. The stock has a market cap of $5,210.00, a PE ratio of 75.37, a PEG ratio of 3.85 and a beta of 1.28.
Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.02. Monolithic Power Systems had a net margin of 15.66% and a return on equity of 15.40%. The company had revenue of $128.90 million during the quarter, compared to analysts’ expectations of $126.11 million. During the same period in the previous year, the company earned $0.66 EPS. The business’s quarterly revenue was up 21.0% compared to the same quarter last year. analysts predict that Monolithic Power Systems will post 1.8 earnings per share for the current year.
In related news, VP Saria Tseng sold 4,998 shares of Monolithic Power Systems stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $125.62, for a total transaction of $627,848.76. Following the transaction, the vice president now owns 266,726 shares in the company, valued at approximately $33,506,120.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Theodore Blegen sold 459 shares of Monolithic Power Systems stock in a transaction on Friday, September 1st. The shares were sold at an average price of $101.42, for a total transaction of $46,551.78. Following the transaction, the chief financial officer now owns 41,445 shares in the company, valued at approximately $4,203,351.90. The disclosure for this sale can be found here. Insiders have sold a total of 99,994 shares of company stock worth $11,687,704 in the last 90 days. Company insiders own 4.00% of the company’s stock.
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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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