Media stories about Monolithic Power Systems (NASDAQ:MPWR) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Monolithic Power Systems earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 45.4248164619897 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Comparing CEVA (CEVA) & Monolithic Power Systems (MPWR) (americanbankingnews.com)
- MPWR Crosses Above Average Analyst Target – Nasdaq (nasdaq.com)
- Monolithic Power (MPWR) Up 8.5% Since Earnings Report: Can It Continue? – Nasdaq (nasdaq.com)
- Zacks: Analysts Anticipate Monolithic Power Systems, Inc. (MPWR) Will Post Earnings of $0.77 Per Share (americanbankingnews.com)
A number of equities research analysts have weighed in on the stock. BidaskClub upgraded shares of Monolithic Power Systems from a “hold” rating to a “buy” rating in a report on Friday, December 22nd. Zacks Investment Research cut shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 27th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Monolithic Power Systems currently has a consensus rating of “Buy” and a consensus target price of $129.25.
Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings data on Thursday, February 8th. The semiconductor company reported $0.82 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.02. The business had revenue of $129.43 million for the quarter, compared to analysts’ expectations of $126.19 million. Monolithic Power Systems had a net margin of 13.85% and a return on equity of 16.51%. The business’s revenue was up 24.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.65 earnings per share. analysts forecast that Monolithic Power Systems will post 2.64 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Friday, March 30th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend is Wednesday, March 28th. This is a boost from Monolithic Power Systems’s previous quarterly dividend of $0.20. Monolithic Power Systems’s dividend payout ratio is 29.96%.
In other news, VP Maurice Sciammas sold 1,693 shares of the stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $114.66, for a total transaction of $194,119.38. Following the sale, the vice president now owns 360,395 shares in the company, valued at $41,322,890.70. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Theodore Blegen sold 450 shares of the stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $120.66, for a total transaction of $54,297.00. Following the sale, the chief financial officer now owns 40,142 shares in the company, valued at approximately $4,843,533.72. The disclosure for this sale can be found here. In the last 90 days, insiders sold 332,015 shares of company stock worth $37,414,054. Corporate insiders own 4.00% of the company’s stock.
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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.
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