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Tuesday, January 31, 2023

This Is Too Hot For Monolithic Power Systems Inc. (NASDAQ: MPWR), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Monolithic Power Systems Inc. (MPWR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $2.14, or 0.56%, to $385.43. The Monolithic Power Systems Inc. has recorded 39,284 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Monolithic Power Systems to Report Fourth Quarter and Full Year Results on February 8, 2023.


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Stocks Info

As a NASDAQ listed company, MPWR falls under the Technology sector while operating within the Semiconductors industry segment. At the end of the last regular session, the stock closed at $383.29 and fluctuated between $393.24 as its day high and $379.10 as its day low. The current market capitalization of Monolithic Power Systems Inc. is $18.05B. A total of 0.65 million shares were traded on the day, compared to an average of 645.93K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MPWR has seen 0 BUY and 24 SELL insider trades, representing the acquisition of 0 and the disposition of 71,681 shares. Over the last 12 months, there were 21 BUYs and 132 SELLs from insiders. Insiders purchased 350,551 shares during that period but sold 518,417.

In the most recent transaction, Xiao Deming sold 2,980 shares of MPWR for 400.00 per share on Jan 12. After the transaction, the Pres. of MPS Asia Operations now owns 261,920 company shares. In a previous transaction on Jan 03, BLEGEN THEODORE sold 1,884 shares at 344.96 per share. MPWR shares that CFO owns now total 121,803.

Among the insiders who sold shares, Hsing Michael disposed of 14,888 shares on Jan 03 at a per-share price of $344.96. This resulted in the CEO holding 980,784 shares of MPWR after the transaction. In another insider transaction, Tseng Saria sold 5,528 shares at $344.96 per share on Jan 03. Company shares held by the VP & General Counsel now total 248,904.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Monolithic Power Systems Inc. pays an annual dividend of $3.00, resulting in a dividend yield of 0.78%, and it has a price to earnings (P/E) ratio of 47.31. MPWR’s most recent ex-dividend date was 12/29/2022 when it declared a $0.75 quarterly dividend that was paid in cash on 1/13/2023. Previously, the company paid the dividend on 10/14/2022 with an ex-dividend date of 9/29/2022. The MPWR stock dividend was $0.75 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MPWR in the last 3 months, the mean price target is $454.27 with high estimates of $620.00 and low estimates of $400.00. In terms of 52-week highs and lows, MPWR has a high of $541.39 and a low of $301.69.

As of this writing, MPWR has an earnings estimate of $3.4 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $3.64 per share and a lower estimate of $3.25. The company reported an EPS of $3.25 in the last quarter, which was 10.50% higher than expectations of $2.94.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 15 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MPWR is Underweight with a score of 4.82. A total of 13 analysts rated the stock as Buy while 1 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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