NASDAQ:MPWRMonolithic Power Systems Stock Price, Forecast & News

$235.15

+6.07 (+2.65 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$232.53

Now: $235.15▼

$238.94

50-Day Range

$177.13

MA: $198.77▼

$229.08

52-Week Range

$122.39

Now: $235.15▼

$238.94

Volume559,458 shs

Average Volume340,373 shs

Market Capitalization$10.52 billion

P/E Ratio91.86

Dividend Yield0.87%

Beta1.23

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. The company also provides 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 applications. The company sells its products through third-party distributors, and resellers, as well as directly to original equipment manufacturers, original design manufacturers, and electronic manufacturing service providers in China, Taiwan, Europe, Korea, Southeast Asia, Japan, the United States, and internationally. Monolithic Power Systems, Inc. was founded in 1997 and is headquartered in Kirkland, Washington.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Monolithic Power Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $207.22, Monolithic Power Systems has a potential downside of 11.9% from its current price of $235.15.
Amount of Analyst Coverage
Monolithic Power Systems has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.2 Community Rank

Outperform Votes
Monolithic Power Systems has received 632 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Monolithic Power Systems has received 367 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Monolithic Power Systems has received 63.26% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Monolithic Power Systems and other stocks. Vote “Outperform” if you believe MPWR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MPWR will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Monolithic Power Systems is a leading dividend payer. It pays a dividend yield of 0.87%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Monolithic Power Systems has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of Monolithic Power Systems is 79.05 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Monolithic Power Systems will have a dividend payout ratio of 52.91 % next year. This indicates that Monolithic Power Systems will be able to sustain or increase its dividend.

1.0 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 $38,838,244.00 in company stock.
Percentage Held by Insiders
Only 3.00% of the stock of Monolithic Power Systems is held by insiders.
Percentage Held by Institutions
94.53% 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.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Monolithic Power Systems are expected to grow by 41.04% in the coming year, from $2.68 to $3.78 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Monolithic Power Systems is 91.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Monolithic Power Systems is 91.86, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.89.
Price to Earnings Growth Ratio
Monolithic Power Systems has a PEG Ratio of 3.42. 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 13.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.38 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustrySemiconductors

SectorComputer and Technology

Current SymbolNASDAQ:MPWR

Previous Symbol

CUSIP60983910

CIK1280452

Webwww.monolithicpower.com

Phone425-296-9956

Debt

Debt-to-Equity RatioN/A

Current Ratio6.26

Quick Ratio5.10

Price-To-Earnings

Trailing P/E Ratio91.86

Forward P/E Ratio87.74

P/E Growth3.42

Sales & Book Value

Annual Sales$627.92 million

Price / Sales16.75

Cash Flow$3.01 per share

Price / Cash Flow78.15

Book Value$17.81 per share

Price / Book13.20

Profitability

EPS (Most Recent Fiscal Year)$2.53

Net Income$108.84 million

Net Margins18.15%

Return on Equity14.87%

Return on Assets12.00%

Miscellaneous

Employees2,002

Outstanding Shares44,740,000

Market Cap$10.52 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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Monolithic Power Systems (NASDAQ:MPWR) Frequently Asked Questions

How has Monolithic Power Systems' stock been impacted by COVID-19 (Coronavirus)?

Monolithic Power Systems' stock was trading at $155.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MPWR shares have increased by 50.9% and is now trading at $235.15. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Monolithic Power Systems?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monolithic Power Systems in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Monolithic Power Systems.

When is Monolithic Power Systems' next earnings date?

Monolithic Power Systems is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Monolithic Power Systems.

How were Monolithic Power Systems' earnings last quarter?

Monolithic Power Systems, Inc. (NASDAQ:MPWR) posted its quarterly earnings results on Tuesday, April, 28th. The semiconductor company reported $0.95 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.94 by $0.01. The semiconductor company earned $165.78 million during the quarter, compared to analyst estimates of $161.15 million. Monolithic Power Systems had a return on equity of 14.87% and a net margin of 18.15%. The company's revenue was up 17.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.84 EPS. View Monolithic Power Systems' earnings history.

How often does Monolithic Power Systems pay dividends? What is the dividend yield for Monolithic Power Systems?

Monolithic Power Systems declared a quarterly dividend on Wednesday, February 5th. Investors of record on Tuesday, March 31st will be given a dividend of $0.50 per share on Wednesday, April 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Monday, March 30th. This is an increase from Monolithic Power Systems's previous quarterly dividend of $0.40. View Monolithic Power Systems' dividend history.

What guidance has Monolithic Power Systems issued on next quarter's earnings?

Monolithic Power Systems issued an update on its second quarter 2020 After-Hours earnings guidance on Tuesday, April, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $167-173 million, compared to the consensus revenue estimate of $163.99 million.

What price target have analysts set for MPWR?

9 equities research analysts have issued 1 year price targets for Monolithic Power Systems' stock. Their forecasts range from $195.00 to $215.00. On average, they expect Monolithic Power Systems' stock price to reach $207.22 in the next year. This suggests that the stock has a possible downside of 11.9%. View analysts' price targets for Monolithic Power Systems.

Has Monolithic Power Systems been receiving favorable news coverage?

Media coverage about MPWR stock has trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Monolithic Power Systems earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutMonolithic Power Systems.

Are investors shorting Monolithic Power Systems?

Monolithic Power Systems saw a decline in short interest in April. As of April 30th, there was short interest totaling 1,080,000 shares, a decline of 11.5% from the April 15th total of 1,220,000 shares. Based on an average trading volume of 403,400 shares, the short-interest ratio is currently 2.7 days. Currently, 2.6% of the company's shares are short sold. View Monolithic Power Systems' Current Options Chain.

Who are some of Monolithic Power Systems' key competitors?

Some companies that are related to Monolithic Power Systems include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Cypress Semiconductor (CY), Cree (CREE), Inphi (IPHI) and First Solar (FSLR). View all competitors.

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 Alibaba Group (BABA), NVIDIA (NVDA), Applied Materials (AMAT), Advanced Micro Devices (AMD), Micron Technology (MU), Vertex Pharmaceuticals (VRTX), Adobe (ADBE), Netflix (NFLX), Bristol-Myers Squibb (BMY) and Intel (INTC).

Who are Monolithic Power Systems' key executives?

Monolithic Power Systems' management team includes the following people:

Mr. Michael R. Hsing, Founder, Chairman, Pres & CEO (Age 59)
Mr. Bernie Blegen, VP & CFO (Age 61)
Ms. Saria Tseng, VP of Strategic Corp. Devel., Gen. Counsel & Corp. Sec. (Age 48)
Mr. Maurice Sciammas, Sr. VP of Worldwide Sales & Marketing (Age 59)
Mr. Deming Xiao, Pres of Asia Operations (Age 56)

What is Monolithic Power Systems' stock symbol?

Monolithic Power Systems trades on the NASDAQ under the ticker symbol "MPWR."

Who are Monolithic Power Systems' major shareholders?

Monolithic Power Systems' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.45%), Wellington Management Group LLP (4.63%), Franklin Resources Inc. (4.50%), Wasatch Advisors Inc. (3.06%), Invesco Ltd. (2.85%) and Waddell & Reed Financial Inc. (2.49%). Company insiders that own Monolithic Power Systems stock include Deming Xiao, James C Moyer, Jeff Zhou, Kuo Wei Herbert Chang, Maurice Sciammas, Michael Hsing, Saria Tseng and Theodore Blegen. View institutional ownership trends for Monolithic Power Systems.

Which institutional investors are selling Monolithic Power Systems stock?

MPWR stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Frontier Capital Management Co. LLC, Wells Fargo & Company MN, Franklin Resources Inc., Invesco Ltd., Alliancebernstein L.P., Massachusetts Financial Services Co. MA, and Baird Financial Group Inc.. Company insiders that have sold Monolithic Power Systems company stock in the last year include Deming Xiao, James C Moyer, Jeff Zhou, Kuo Wei Herbert Chang, Maurice Sciammas, Michael Hsing, Saria Tseng, and Theodore Blegen. View insider buying and selling activity for Monolithic Power Systems.

Which institutional investors are buying Monolithic Power Systems stock?

MPWR stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Fred Alger Management LLC, Lord Abbett & CO. LLC, Wasatch Advisors Inc., FDx Advisors Inc., FDx Advisors Inc., Grandeur Peak Global Advisors LLC, and BlackRock Inc.. View insider buying and selling activity for Monolithic Power Systems.

How do I buy shares of Monolithic Power Systems?

Shares of MPWR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Monolithic Power Systems' stock price today?

One share of MPWR stock can currently be purchased for approximately $235.15.

How big of a company is Monolithic Power Systems?

Monolithic Power Systems has a market capitalization of $10.52 billion and generates $627.92 million in revenue each year. The semiconductor company earns $108.84 million in net income (profit) each year or $2.53 on an earnings per share basis. Monolithic Power Systems employs 2,002 workers across the globe.

What is Monolithic Power Systems' official website?

The official website for Monolithic Power Systems is www.monolithicpower.com.

How can I contact Monolithic Power Systems?

Monolithic Power Systems' mailing address is 5808 LAKE WASHINGTON BLVD. NE, KIRKLAND WA, 98033. The semiconductor company can be reached via phone at 425-296-9956 or via email at [email protected]

This page was last updated on 6/7/2020 by MarketBeat.com Staff