MP Materials (MP) to Release Earnings on Thursday

MP Materials (NYSE:MP - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $64.74 million for the quarter.

MP Materials (NYSE:MP - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.05). The company had revenue of $60.99 million for the quarter, compared to analysts' expectations of $50.71 million. MP Materials had a negative return on equity of 8.44% and a negative net margin of 32.09%. On average, analysts expect MP Materials to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

MP Materials Trading Down 0.3 %

MP Materials stock opened at $24.50 on Thursday. The stock has a market cap of $4.00 billion, a P/E ratio of -41.53 and a beta of 2.24. MP Materials has a fifty-two week low of $10.02 and a fifty-two week high of $29.72. The firm's fifty day moving average price is $24.74 and its 200-day moving average price is $21.57. The company has a debt-to-equity ratio of 0.88, a quick ratio of 6.13 and a current ratio of 6.93.

Insider Buying and Selling

In other news, CFO Ryan Corbett sold 15,000 shares of the firm's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $27.00, for a total value of $405,000.00. Following the transaction, the chief financial officer now owns 214,812 shares of the company's stock, valued at $5,799,924. This trade represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO James H. Litinsky sold 386,223 shares of MP Materials stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $24.01, for a total value of $9,273,214.23. Following the sale, the chief executive officer now directly owns 15,643,076 shares in the company, valued at $375,590,254.76. This trade represents a 2.41 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,330,015 shares of company stock valued at $34,559,781 over the last ninety days. Company insiders own 12.60% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on MP shares. DA Davidson upped their price target on shares of MP Materials from $25.00 to $32.00 and gave the stock a "buy" rating in a report on Wednesday, March 19th. BMO Capital Markets lifted their price objective on MP Materials from $22.00 to $29.00 and gave the stock a "market perform" rating in a report on Thursday, March 20th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, MP Materials has an average rating of "Moderate Buy" and a consensus price target of $23.61.

About MP Materials

MP Materials Corp., together with its subsidiaries, produces rare earth materials. The company owns and operates the Mountain Pass Rare Earth mine and processing facility in North America. It holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals.

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