News articles about Monolithic Power Systems (NASDAQ:MPWR) have trended somewhat positive on Wednesday, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Monolithic Power Systems earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 46.3737642854295 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
NASDAQ:MPWR opened at $119.01 on Wednesday. Monolithic Power Systems has a 12 month low of $89.67 and a 12 month high of $127.61. The company has a market capitalization of $5,035.22, a price-to-earnings ratio of 64.33, a P/E/G ratio of 2.50 and a beta of 1.28.
Monolithic Power Systems (NASDAQ:MPWR) last posted its earnings results on Thursday, February 8th. The semiconductor company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.02. Monolithic Power Systems had a net margin of 13.85% and a return on equity of 16.51%. The business had revenue of $129.43 million during the quarter, compared to the consensus estimate of $126.19 million. During the same quarter in the previous year, the firm posted $0.65 EPS. The firm’s revenue was up 24.9% on a year-over-year basis. equities analysts expect that Monolithic Power Systems will post 2.65 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, April 13th. Shareholders of record on Friday, March 30th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend was Wednesday, March 28th. This is an increase from Monolithic Power Systems’s previous quarterly dividend of $0.20. Monolithic Power Systems’s payout ratio is 64.86%.
Several equities research analysts recently weighed in on the stock. BidaskClub raised shares of Monolithic Power Systems from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 14th. Raymond James began coverage on shares of Monolithic Power Systems in a research report on Thursday, April 12th. They issued a “strong-buy” rating and a $140.00 target price for the company. Finally, Zacks Investment Research downgraded shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 27th. One research analyst has rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $130.44.
In other news, CFO Theodore Blegen sold 450 shares of Monolithic Power Systems stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $120.66, for a total transaction of $54,297.00. Following the transaction, the chief financial officer now owns 40,142 shares in the company, valued at approximately $4,843,533.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Maurice Sciammas sold 1,400 shares of Monolithic Power Systems stock in a transaction on Wednesday, April 18th. The stock was sold at an average price of $125.02, for a total transaction of $175,028.00. Following the transaction, the vice president now owns 419,782 shares in the company, valued at approximately $52,481,145.64. The disclosure for this sale can be found here. In the last ninety days, insiders sold 356,141 shares of company stock valued at $40,038,008. 4.00% of the stock is currently owned by insiders.
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Monolithic Power Systems Company Profile
Monolithic Power Systems, Inc designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, computing and storage, industrial, automotive, and communications markets. It offers direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers, monitors, automobiles, and medical equipment.
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