$0.92 EPS Expected for Monolithic Power Systems, Inc. (NASDAQ:MPWR) This Quarter

Equities analysts expect that Monolithic Power Systems, Inc. (NASDAQ:MPWR) will announce earnings per share of $0.92 for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have issued estimates for Monolithic Power Systems’ earnings, with the highest EPS estimate coming in at $0.93 and the lowest estimate coming in at $0.92. Monolithic Power Systems posted earnings per share of $0.90 in the same quarter last year, which suggests a positive year-over-year growth rate of 2.2%. The company is scheduled to issue its next quarterly earnings report on Wednesday, July 24th.

On average, analysts expect that Monolithic Power Systems will report full year earnings of $3.86 per share for the current year, with EPS estimates ranging from $3.78 to $3.92. For the next year, analysts anticipate that the business will post earnings of $4.93 per share, with EPS estimates ranging from $4.50 to $5.42. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow Monolithic Power Systems.

Monolithic Power Systems (NASDAQ:MPWR) last issued its earnings results on Thursday, May 2nd. The semiconductor company reported $0.84 earnings per share for the quarter, hitting the consensus estimate of $0.84. The company had revenue of $141.40 million during the quarter, compared to the consensus estimate of $141.11 million. Monolithic Power Systems had a net margin of 18.43% and a return on equity of 17.99%. Monolithic Power Systems’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.79 EPS.

A number of equities analysts have recently issued reports on the stock. Needham & Company LLC downgraded shares of Monolithic Power Systems from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Zacks Investment Research upgraded shares of Monolithic Power Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, April 10th. BidaskClub upgraded shares of Monolithic Power Systems from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 15th. Deutsche Bank boosted their price target on shares of Monolithic Power Systems from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, February 13th. Finally, ValuEngine cut shares of Monolithic Power Systems from a “buy” rating to a “hold” rating in a report on Saturday, May 18th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. Monolithic Power Systems has an average rating of “Hold” and a consensus target price of $148.71.

Shares of NASDAQ MPWR opened at $127.55 on Monday. The stock has a market cap of $5.65 billion, a PE ratio of 53.37, a price-to-earnings-growth ratio of 2.00 and a beta of 1.65. Monolithic Power Systems has a 12-month low of $101.99 and a 12-month high of $161.22.

In other Monolithic Power Systems news, VP Maurice Sciammas sold 3,563 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $145.00, for a total value of $516,635.00. Following the sale, the vice president now directly owns 445,166 shares in the company, valued at $64,549,070. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Saria Tseng sold 6,495 shares of Monolithic Power Systems stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $155.33, for a total value of $1,008,868.35. Following the completion of the transaction, the vice president now directly owns 317,813 shares in the company, valued at approximately $49,365,893.29. The disclosure for this sale can be found here. In the last ninety days, insiders sold 165,518 shares of company stock valued at $22,544,923. 4.00% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of MPWR. Marshall Wace North America L.P. grew its holdings in shares of Monolithic Power Systems by 10.1% during the first quarter. Marshall Wace North America L.P. now owns 1,518 shares of the semiconductor company’s stock worth $205,000 after purchasing an additional 139 shares during the last quarter. Clearbridge Investments LLC raised its position in shares of Monolithic Power Systems by 11.3% during the first quarter. Clearbridge Investments LLC now owns 874,866 shares of the semiconductor company’s stock worth $118,536,000 after purchasing an additional 88,756 shares during the period. GYL Financial Synergies LLC acquired a new stake in shares of Monolithic Power Systems during the first quarter worth about $1,555,000. Cerebellum GP LLC grew its holdings in shares of Monolithic Power Systems by 7.7% during the first quarter. Cerebellum GP LLC now owns 2,336 shares of the semiconductor company’s stock worth $317,000 after buying an additional 167 shares in the last quarter. Finally, Nordea Investment Management AB grew its holdings in shares of Monolithic Power Systems by 1.0% during the first quarter. Nordea Investment Management AB now owns 37,150 shares of the semiconductor company’s stock worth $5,033,000 after buying an additional 360 shares in the last quarter. Hedge funds and other institutional investors own 96.00% of the company’s stock.

About Monolithic Power Systems

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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