NASDAQ:MPWR

Monolithic Power Systems (MPWR) Stock Forecast, Price & News

$451.92

+10.74 (+2.43%)

(As of 09/28/2023 ET)

Compare

Today's Range: $437.46
▼
$458.93
50-Day Range: $440.38
▼
$559.49
52-Week Range: $301.69
▼
$595.98

Volume: 553,279 shs
Average Volume: 460,667 shs
Market Capitalization: $21.60 billion

P/E Ratio: 48.49
Dividend Yield: 0.89%
Price Target: $553.46

Monolithic Power Systems MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.92 Rating Score
Upside/Downside: 22.5% Upside
$553.46 Price Target
Short Interest: Healthy
3.00% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -1.24
Upright™ Environmental Score
News Sentiment: 1.10
Based on 7 Articles This Week
Insider Trading: Selling Shares
$44.13 M Sold Last Quarter
Proj. Earnings Growth: 18.51%
From $9.13 to $10.82 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.23 out of 5 stars

Computer And Technology Sector

17th out of 599 stocks

Semiconductors & Related Devices Industry

4th out of 88 stocks

3.5

Analyst's Opinion

Consensus Rating
Monolithic Power Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 12 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $553.46, Monolithic Power Systems has a forecasted upside of 22.5% from its current price of $451.92.
Amount of Analyst Coverage
Monolithic Power Systems has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
3.00% of the float of Monolithic Power Systems has been sold short.
Short Interest Ratio / Days to Cover
Monolithic Power Systems has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Monolithic Power Systems has recently decreased by 6.21%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Monolithic Power Systems has a dividend yield of 0.91%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Monolithic Power Systems has been increasing its dividend for 6 years.
Dividend Coverage
The dividend payout ratio of Monolithic Power Systems is 42.92%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Monolithic Power Systems will have a dividend payout ratio of 36.97% next year. This indicates that Monolithic Power Systems will be able to sustain or increase its dividend.

2.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Monolithic Power Systems has received a 8.94% net impact score from Upright. Monolithic Power Systems seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Network switches", "Electrical current, potential and resistance measuring equipment", and "Voltage converters" products. See details.
Environmental Sustainability
The Environmental Impact score for Monolithic Power Systems is -1.24.

3.4

News and Social Media Coverage

News Sentiment
Monolithic Power Systems has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Monolithic Power Systems this week, compared to 5 articles on an average week.
Search Interest
Only 2 people have searched for MPWR on MarketBeat in the last 30 days. This is a decrease of -87% compared to the previous 30 days.
MarketBeat Follows
9 people have added Monolithic Power Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 29% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Monolithic Power Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $44,126,502.00 in company stock.
Percentage Held by Insiders
Only 3.20% of the stock of Monolithic Power Systems is held by insiders.
Percentage Held by Institutions
96.52% of the stock of Monolithic Power Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Monolithic Power Systems are expected to grow by 18.51% in the coming year, from $9.13 to $10.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Monolithic Power Systems is 48.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Monolithic Power Systems is 48.49, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 234.37.
Price to Earnings Growth Ratio
Monolithic Power Systems has a PEG Ratio of 2.66. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Monolithic Power Systems has a P/B Ratio of 12.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Monolithic Power Systems (NASDAQ:MPWR) Stock

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the computing and storage, automotive, industrial, communications, and consumer markets. The company provides 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 and notebooks, monitors, infotainment applications, and medical equipment. It also offers lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in notebook computers, monitors, car navigation systems, and televisions, as well as for general illumination products. The company sells its products through third-party distributors and value-added resellers, as well as directly to original equipment manufacturers, original design manufacturers, electronic manufacturing service providers, and other end customers in China, Taiwan, Europe, South Korea, Southeast Asia, Japan, the United States, and internationally. Monolithic Power Systems, Inc. was incorporated in 1997 and is based in Kirkland, Washington.

MPWR Price History

30 days | 90 days | 365 days | Advanced Chart

MPWR Stock News Headlines

September 22, 2023 | msn.com

Monolithic Power System (MPWR) Declares $1.00 Dividend

September 22, 2023 | finance.yahoo.com

Monolithic Power Systems (MPWR): A Smart Investment or a Value Trap? An In-Depth Exploration

September 29, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 22, 2023 | americanbankingnews.com

Monolithic Power Systems (NASDAQ:MPWR) Stock Rating Reaffirmed by Rosenblatt Securities

September 22, 2023 | seekingalpha.com

Monolithic Power Systems: Still On Hold

September 21, 2023 | americanbankingnews.com

Monolithic Power Systems, Inc. (NASDAQ:MPWR) Given Average Recommendation of "Moderate Buy" by Brokerages

September 20, 2023 | thestreet.com

Monolithic Power Systems Stock Hits New 52-Week Low (MPWR)

September 11, 2023 | finance.yahoo.com

Monolithic Power Systems (MPWR): A Hidden Gem or a Mirage? Exploring Its Market Valuation

September 29, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 11, 2023 | finance.yahoo.com

Monolithic Power Systems Inc (MPWR): A Deep Dive into Financial Metrics and Competitive Strengths

September 7, 2023 | benzinga.com

What's Going On With Monolithic Power Systems Stock?

August 29, 2023 | insidermonkey.com

5 Most Undervalued Large Cap Stocks To Buy According To Wall Street

August 24, 2023 | benzinga.com

This Is What Whales Are Betting On Monolithic Power Systems

August 21, 2023 | finance.yahoo.com

Is Monolithic Power Systems Inc (MPWR) Modestly Undervalued?

August 21, 2023 | finance.yahoo.com

Monolithic Power Systems Inc: A Deep Dive into Its Financial Metrics and Competitive Strengths

August 14, 2023 | finance.yahoo.com

Monolithic Power Systems: An Undervalued Gem in the Semiconductor Industry?

August 9, 2023 | benzinga.com

$100 Invested In Monolithic Power Systems 15 Years Ago Would Be Worth This Much Today

August 8, 2023 | gurufocus.com

Monolithic Power Systems Inc CEO Michael Hsing Sells 3,815 Shares

August 3, 2023 | finance.yahoo.com

At US$530, Is Monolithic Power Systems, Inc. (NASDAQ:MPWR) Worth Looking At Closely?

August 1, 2023 | msn.com

Rosenblatt Maintains Monolithic Power System (MPWR) Buy Recommendation

August 1, 2023 | markets.businessinsider.com

Monolithic Power Systems Surpasses Q2 Expectations: Analysts Respond With Upgraded Price Targets And Revised Estimates

August 1, 2023 | finance.yahoo.com

Compared to Estimates, Monolithic (MPWR) Q2 Earnings: A Look at Key Metrics

August 1, 2023 | finance.yahoo.com

Monolithic Power (MPWR) Q2 Earnings Beat, Revenues Fall Y/Y

August 1, 2023 | seekingalpha.com

Monolithic Power Systems: A Solid AI Growth Play, But Not At Current Price

July 31, 2023 | za.investing.com

Monolithic Power Systems reports Q2 beat, but shares drop 7% on weak guidance

July 31, 2023 | benzinga.com

Here's Why Monolithic Power Systems Shares Are Moving

July 31, 2023 | msn.com

Monolithic Power forecasts weak quarter on semiconductor woes

See More Headlines

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MPWR Company Calendar

Ex-Dividend for 7/14 Dividend: 6/29/2023
Dividend Payable: 7/14/2023
Last Earnings: 7/31/2023
Ex-Dividend for 10/13 Dividend: 9/28/2023
Today: 9/29/2023
Dividend Payable: 10/13/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: Semiconductors
Sector: Computer and Technology
Current Symbol: NASDAQ:MPWR
CUSIP: 60983910
CIK: 1280452
Web: www.monolithicpower.com
Phone: (425) 296-9956
Fax: 408-826-0601
Employees: 3,247
Year Founded: 1997

Price Target and Rating

Average Stock Price Forecast: $553.46
High Stock Price Forecast: $600.00
Low Stock Price Forecast: $425.00
Forecasted Upside/Downside: +22.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.92
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): $9.32
Trailing P/E Ratio: 48.49
Forward P/E Ratio: 49.50
P/E Growth: 2.68
Net Income: $437.67 million
Net Margins: 24.50%
Pretax Margin: 29.28%
Return on Equity: 26.80%
Return on Assets: 21.65%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.51
Quick Ratio: 4.80

Sales & Book Value

Annual Sales: $1.85 billion
Price / Sales: 11.69
Cash Flow: $10.41 per share
Price / Cash Flow: 43.43
Book Value: $35.55 per share
Price / Book: 12.71

Miscellaneous

Outstanding Shares: 47,798,000
Free Float: 46,268,000
Market Cap: $21.60 billion
Optionable: Optionable
Beta: 1.13

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Key Executives

Mr. Michael R. Hsing (Age 63)
Founder, Chairman, Pres & CEO
Comp: $6.8M

Mr. T. Bernie Blegen (Age 65)
VP & CFO
Comp: $3.31M

Ms. Saria Tseng (Age 52)
VP of Strategic Corp. Devel., Gen. Counsel & Corp. Sec.
Comp: $3.59M

Mr. Maurice Sciammas (Age 63)
Sr. VP of Worldwide Sales & Marketing
Comp: $3.59M

Mr. Deming Xiao (Age 60)
Pres of Asia Operations
Comp: $3.59M

Ms. Genevieve Cunningham
Sr. Mang. of Marketing Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MPWR Stock - Frequently Asked Questions

Should I buy or sell Monolithic Power Systems stock right now?: 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Monolithic Power Systems in the last year. There are currently 1 hold rating and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MPWR shares.
View MPWR analyst ratings or view top-rated stocks.
What is Monolithic Power Systems' stock price forecast for 2023?: 13 Wall Street research analysts have issued 12-month price objectives for Monolithic Power Systems' shares. Their MPWR share price forecasts range from $425.00 to $600.00. On average, they expect the company's stock price to reach $553.46 in the next year. This suggests a possible upside of 22.5% from the stock's current price.
View analysts price targets for MPWR or view top-rated stocks among Wall Street analysts.
How have MPWR shares performed in 2023?: Monolithic Power Systems' stock was trading at $353.61 at the beginning of 2023. Since then, MPWR stock has increased by 27.8% and is now trading at $451.92.
View the best growth stocks for 2023 here.
When is Monolithic Power Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our MPWR earnings forecast.
How were Monolithic Power Systems' earnings last quarter?: Monolithic Power Systems, Inc. (NASDAQ:MPWR) issued its quarterly earnings data on Monday, July, 31st. The semiconductor company reported $2.05 earnings per share for the quarter, missing the consensus estimate of $2.16 by $0.11. The semiconductor company had revenue of $441.13 million for the quarter, compared to analyst estimates of $440.46 million. Monolithic Power Systems had a net margin of 24.50% and a trailing twelve-month return on equity of 26.80%.
How often does Monolithic Power Systems pay dividends? What is the dividend yield for Monolithic Power Systems?: Monolithic Power Systems announced a quarterly dividend on Friday, September 15th. Investors of record on Friday, September 29th will be given a dividend of $1.00 per share on Friday, October 13th. This represents a $4.00 annualized dividend and a yield of 0.89%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for MPWR.
What ETFs hold Monolithic Power Systems' stock?: ETFs with the largest weight of Monolithic Power Systems (NASDAQ:MPWR) stock in their portfolio include American Century Mid Cap Growth Impact (MID), Invesco Select Growth ETF (IVSG), Guru Favorite Stocks ETF (GFGF), Invesco Focused Discovery Growth ETF (IVDG), VictoryShares Nasdaq Next 50 ETF (QQQN), SPDR S&P Semiconductor ETF (XSD), BlackRock Future Innovators ETF (BFTR) and iShares Semiconductor ETF (SOXX).
Is Monolithic Power Systems a good dividend stock?: Monolithic Power Systems (NASDAQ:MPWR) pays an annual dividend of $4.00 per share and currently has a dividend yield of 0.88%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 42.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MPWR will have a dividend payout ratio of 36.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MPWR.

What guidance has Monolithic Power Systems issued on next quarter's earnings?: Monolithic Power Systems updated its third quarter 2023 earnings guidance on Monday, July, 31st. The company provided EPS guidance of for the period. The company issued revenue guidance of $464.00 million-$484.00 million, compared to the consensus revenue estimate of $473.47 million.
What is Michael R. Hsing's approval rating as Monolithic Power Systems' CEO?: 11 employees have rated Monolithic Power Systems Chief Executive Officer Michael R. Hsing on Glassdoor.com. Michael R. Hsing has an approval rating of 64% among the company's employees.
What other stocks do shareholders of Monolithic Power Systems own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Monolithic Power Systems investors own include NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Micron Technology (MU), Lam Research (LRCX), Broadcom (AVGO), QUALCOMM (QCOM), Bristol-Myers Squibb (BMY), Advanced Micro Devices (AMD) and Applied Materials (AMAT).
What is Monolithic Power Systems' stock symbol?: Monolithic Power Systems trades on the NASDAQ under the ticker symbol "MPWR."
How do I buy shares of Monolithic Power Systems?: Shares of MPWR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Monolithic Power Systems' stock price today?: One share of MPWR stock can currently be purchased for approximately $451.92.
How much money does Monolithic Power Systems make?: Monolithic Power Systems (NASDAQ:MPWR) has a market capitalization of $21.60 billion and generates $1.85 billion in revenue each year. The semiconductor company earns $437.67 million in net income (profit) each year or $9.32 on an earnings per share basis.
How many employees does Monolithic Power Systems have?: The company employs 3,247 workers across the globe.
How can I contact Monolithic Power Systems?: Monolithic Power Systems' mailing address is 5808 LAKE WASHINGTON BLVD. NE, KIRKLAND WA, 98033. The official website for the company is www.monolithicpower.com. The semiconductor company can be reached via phone at (425) 296-9956, via email at investors@monolithicpower.com, or via fax at 408-826-0601.

This page (NASDAQ:MPWR) was last updated on 9/29/2023 by MarketBeat.com Staff

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