Media stories about Monolithic Power Systems (NASDAQ:MPWR) have trended somewhat positive on Tuesday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Monolithic Power Systems earned a news impact score of 0.11 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 45.7358470151741 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Monolithic Power Systems, Inc. (MPWR) Expected to Announce Quarterly Sales of $126.16 Million (americanbankingnews.com)
- Monolithic Power Systems, Inc. (MPWR) VP Sells $194,119.38 in Stock (americanbankingnews.com)
- Monolithic Power Systems (MPWR) Downgraded to “Hold” at BidaskClub (americanbankingnews.com)
- Monolithic Power Systems, Inc. Declares Quarterly Dividend of $0.20 (MPWR) (americanbankingnews.com)
- MONOLITHIC POWER SYSTEMS INC : Other Events, Financial Statements and Exhibits (form 8-K) (4-traders.com)
MPWR has been the subject of several research analyst reports. BidaskClub downgraded shares of Monolithic Power Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Zacks Investment Research upgraded shares of Monolithic Power Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. KeyCorp restated a “buy” rating and set a $115.00 price target on shares of Monolithic Power Systems in a research report on Friday, September 1st. Stifel Nicolaus restated a “buy” rating and set a $117.00 price target on shares of Monolithic Power Systems in a research report on Sunday, September 3rd. Finally, SunTrust Banks began coverage on shares of Monolithic Power Systems in a report on Tuesday, October 10th. They issued a “buy” rating and a $132.00 price objective for the company. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $129.25.
Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.84 EPS for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.02. The company had revenue of $128.90 million during the quarter, compared to the consensus estimate of $126.11 million. Monolithic Power Systems had a net margin of 15.66% and a return on equity of 15.40%. Monolithic Power Systems’s quarterly revenue was up 21.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.66 EPS. analysts predict that Monolithic Power Systems will post 1.8 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.80 dividend on an annualized basis and a yield of 0.70%. Monolithic Power Systems’s payout ratio is 49.69%.
In other news, CEO Michael Hsing sold 19,765 shares of the stock in a transaction that occurred on Monday, November 6th. The shares were 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 approximately $138,453,083.16. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Saria Tseng sold 4,998 shares of the stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $125.62, for a total transaction of $627,848.76. Following the completion of the sale, the vice president now directly owns 266,726 shares of the company’s stock, valued at approximately $33,506,120.12. The disclosure for this sale can be found here. In the last quarter, insiders sold 97,994 shares of company stock valued at $11,636,168. 4.00% of the stock is owned by insiders.
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About Monolithic Power Systems
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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