For its second fiscal quarter (ending June 30), Monolithic Power Systems Inc (NASDAQ: MPWR) has reported E.P.S. of $2.06 compared to $2.10 a year ago. For the latest four quarters through June 30, E.P.S. were $8.52 versus $9.61 for the same period a year ago.
Recent Price Action
Monolithic Power Systems Inc (NASDAQ: MPWR) stock closed at $784.95 on 8/1/24 after a large decline of -9.1%. Moreover, exceptionally high trading volume at 215% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, MPWR is expected to continue to be a major Value Builder.
Monolithic Power Systems has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Monolithic Power Systems has a poor Appreciation Score of 16 but a very high Power Rating of 91, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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