With 0.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.02 million shares. The 52-week range on MPWR shows that it touched its highest point at $959.64 and its lowest point at $438.86 during that stretch. It currently has a 1-year price target of $752.33. With its current market cap of 30.49 billion, MPWR has annualized dividend of $5.31 while the current yield stands at 0.83%. Beta for the stock currently stands at 1.18.
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 7.35%, but this was up by 30.31% over a month. Three-month performance dropped to -2.62% while six-month performance fell -16.15%. The stock lost -9.97% in the past year, while it has gained 7.61% so far this year. A look at the trailing 12-month EPS for MPWR yields 37.67 with Next year EPS estimates of 19.80. For the next quarter, that number is 4.11. This implies an EPS growth rate of 19.96% for this year and 16.92% for next year. EPS is expected to grow by 17.20% 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, 47.88 million MPWR shares are outstanding with a float of 45.94 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.
