Monolithic Power Systems (MPWR) Earns News Impact Rating of 0.15

Media coverage about Monolithic Power Systems (NASDAQ:MPWR) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Monolithic Power Systems earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 45.8022463314011 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

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

Monolithic Power Systems (NASDAQ MPWR) opened at $111.24 on Wednesday. The stock has a market capitalization of $4,616.68, a price-to-earnings ratio of 67.39, a P/E/G ratio of 3.44 and a beta of 1.26. Monolithic Power Systems has a 1-year low of $77.34 and a 1-year high of $126.80.

Monolithic Power Systems (NASDAQ:MPWR) last issued its earnings results on Thursday, October 26th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.02. Monolithic Power Systems had a return on equity of 15.40% and a net margin of 15.66%. The business had revenue of $128.90 million for the quarter, compared to analysts’ expectations of $126.11 million. During the same period in the previous year, the firm posted $0.66 EPS. The company’s quarterly revenue was up 21.0% on a year-over-year basis. research analysts forecast that Monolithic Power Systems will post 1.8 EPS for the current year.

A number of brokerages have weighed in on MPWR. Stifel Nicolaus boosted their price objective on Monolithic Power Systems from $126.00 to $137.00 and gave the company a “buy” rating in a research note on Tuesday, November 7th. KeyCorp reissued a “buy” rating and issued a $115.00 target price on shares of Monolithic Power Systems in a report on Friday, September 1st. Zacks Investment Research raised Monolithic Power Systems from a “sell” rating to a “hold” rating in a report on Wednesday, September 13th. Oppenheimer lifted their target price on Monolithic Power Systems from $120.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, October 27th. Finally, BidaskClub downgraded Monolithic Power Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $129.25.

In other Monolithic Power Systems news, CEO Michael Hsing sold 19,765 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $123.06, for a total value of $2,432,280.90. Following the completion of the sale, the chief executive officer now owns 1,125,086 shares of the company’s stock, valued at $138,453,083.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director James C. Moyer sold 15,000 shares of Monolithic Power Systems stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $105.20, for a total value of $1,578,000.00. Following the completion of the transaction, the director now owns 761,201 shares in the company, valued at $80,078,345.20. The disclosure for this sale can be found here. Insiders have sold 97,994 shares of company stock worth $11,490,773 in the last quarter. 4.00% of the stock is currently owned by corporate insiders.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this news story on another website, it was stolen and reposted in violation of international copyright laws. The correct version of this news story can be read at https://stocknewstimes.com/2017/12/06/monolithic-power-systems-mpwr-earns-daily-coverage-optimism-rating-of-0-15.html.

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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