Monolithic Power Systems Inc (NASDAQ: MPWR) has reported E.P.S. of $2.96 for its third fiscal quarter (ending September 30) versus $2.54 for the same period a year ago — an increase of 17%. For the latest four quarters through September 30, E.P.S. were $8.95 versus $9.49 for the same period a year ago — a decline of -6%.
Recent Price Action
On 10/30/24, Monolithic Power Systems Inc (NASDAQ: MPWR) stock declined modestly by -1.4%, closing at $919.81. Moreover, trading volume in this decline was unusually high at 187% of normal. The stock has risen 4.9% during the last week and has been exceptionally strong relative to the market over the last nine months.
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 19 but a very high Power Rating of 90, leading to 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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