Monolithic Power Systems (NASDAQ:MPWR) Getting Somewhat Favorable Press Coverage, Analysis Finds

Press coverage about Monolithic Power Systems (NASDAQ:MPWR) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Monolithic Power Systems earned a daily sentiment score of 0.02 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 42 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:

A number of research analysts have weighed in on the stock. Zacks Investment Research lowered shares of Monolithic Power Systems from a “hold” rating to a “sell” rating in a research note on Wednesday, April 12th. BidaskClub downgraded shares of Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 5th. Needham & Company LLC reiterated a “buy” rating and issued a $100.00 target price (up previously from $94.00) on shares of Monolithic Power Systems in a report on Thursday, April 27th. Stifel Nicolaus lowered their target price on shares of Monolithic Power Systems from $105.00 to $97.00 and set a “buy” rating for the company in a report on Wednesday, April 26th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $97.00 target price (up previously from $95.00) on shares of Monolithic Power Systems in a report on Friday, April 28th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $100.14.

Monolithic Power Systems (NASDAQ MPWR) traded down 0.42% on Monday, hitting $97.62. 98,926 shares of the company’s stock traded hands. The stock has a market cap of $4.03 billion, a P/E ratio of 72.91 and a beta of 1.22. The stock has a 50 day moving average price of $97.60 and a 200-day moving average price of $91.09. Monolithic Power Systems has a 12 month low of $67.78 and a 12 month high of $103.92.

Monolithic Power Systems (NASDAQ:MPWR) last posted its earnings results on Wednesday, April 26th. The semiconductor company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.06. The firm had revenue of $100.40 million during the quarter, compared to the consensus estimate of $100.02 million. Monolithic Power Systems had a return on equity of 13.83% and a net margin of 14.00%. The company’s quarterly revenue was up 18.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.45 EPS. Equities analysts predict that Monolithic Power Systems will post $2.85 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, July 14th. Investors of record on Friday, June 30th will be given a $0.20 dividend. The ex-dividend date is Wednesday, June 28th. This represents a $0.80 dividend on an annualized basis and a yield of 0.82%. Monolithic Power Systems’s dividend payout ratio is presently 60.15%.

In related news, insider Deming Xiao sold 6,003 shares of the firm’s stock in a transaction on Friday, May 5th. The stock was sold at an average price of $92.27, for a total value of $553,896.81. Following the completion of the sale, the insider now directly owns 295,457 shares in the company, valued at $27,261,817.39. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director James C. Moyer sold 2,000 shares of the firm’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $95.41, for a total value of $190,820.00. Following the completion of the sale, the director now owns 805,758 shares of the company’s stock, valued at $76,877,370.78. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 84,470 shares of company stock valued at $7,993,759. 4.00% of the stock is owned by corporate 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. The Company operates in the design, development, marketing and sale of power solutions for the communications, storage and computing, consumer and industrial markets segment.

Insider Buying and Selling by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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