Monolithic Power System Inc (NASDAQ: MPWR) on Monday, plunged -3.60% from the previous trading day, before settling in for the closing price of $916.29. Within the past 52 weeks, MPWR’s price has moved between $392.10 and $959.64.
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During the last 5-year period, the sales growth of Technology Sector giant was 27.08%. The company achieved an average annual earnings per share of 18.19%. With a float of $46.73 million, this company’s outstanding shares have now reached $48.03 million.
Let’s determine the extent of company efficiency that accounts for 3564 employees. In terms of profitability, gross margin is 55.31%, operating margin of 24.13%, and the pretax margin is 25.68%.
Monolithic Power System Inc (MPWR) Insider Activity
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Monolithic Power System Inc is 4.14%, while institutional ownership is 97.31%. The most recent insider transaction that took place on Oct 07 ’24, was worth 10,225,485. In this transaction EVP, WW Sales & Marketing of this company sold 11,000 shares at a rate of $929.59, taking the stock ownership to the 103,829 shares. Before that another transaction happened on Oct 07 ’24, when Company’s Officer proposed sale 11,000 for $929.59, making the entire transaction worth $10,225,471.
Monolithic Power System Inc (MPWR) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 3.08 earnings per share (EPS) for the period topping the consensus outlook (set at 3.07) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.98 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.34% during the next five years compared to 30.00% growth over the previous five years of trading.
Monolithic Power System Inc (NASDAQ: MPWR) Trading Performance Indicators
Monolithic Power System Inc (MPWR) is currently performing well based on its current performance indicators. A quick ratio of 5.32 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 22.73. Likewise, its price to free cash flow for the trailing twelve months is 68.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.41, a number that is poised to hit 3.97 in the next quarter and is forecasted to reach 17.28 in one year’s time.
Technical Analysis of Monolithic Power System Inc (MPWR)
Looking closely at Monolithic Power System Inc (NASDAQ: MPWR), its last 5-days average volume was 0.57 million, which is a jump from its year-to-date volume of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 37.86%. Additionally, its Average True Range was 34.60.
During the past 100 days, Monolithic Power System Inc’s (MPWR) raw stochastic average was set at 69.77%, which indicates a significant increase from 25.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.88% in the past 14 days, which was lower than the 54.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $901.96, while its 200-day Moving Average is $767.38. However, in the short run, Monolithic Power System Inc’s stock first resistance to watch stands at $909.52. Second resistance stands at $935.77. The third major resistance level sits at $961.04. If the price goes on to break the first support level at $857.99, it is likely to go to the next support level at $832.72. Should the price break the second support level, the third support level stands at $806.46.
Monolithic Power System Inc (NASDAQ: MPWR) Key Stats
Market capitalization of the company is 43.06 billion based on 48,679K outstanding shares. Right now, sales total 1,821 M and income totals 427,370 K. The company made 507,430 K in profit during its latest quarter, and 100,370 K in sales during its previous quarter.
