Monolithic Power Systems Inc (NASDAQ: MPWR) has reported E.P.S. of $1.90 for its first fiscal quarter (ending March 31) versus $2.32 for the same period a year ago — a decline of -18%. Relative to the consensus estimate of $3.65, this was a shortfall of $-1.75. For the latest four quarters through March 31, E.P.S. were $8.56 compared to $9.97 a year ago — a decline of -14%.
Recent Price Action
Monolithic Power Systems Inc (NASDAQ: MPWR) stock declined by -2.5% on 5/1/24. The shares closed at $652.59. Moreover, this decline was accompanied by unusually high trading volume at 171% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 6.7% during the last week.
Current PriceTarget Research Rating
MPWR is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Monolithic Power Systems has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Monolithic Power Systems has a very low Appreciation Score of 15 but a very high Power Rating of 89, producing 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.
Be the first to comment