Why Monolithic Power Systems, Inc. (NASDAQ:MPWR) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $79.5000 on Monolithic Power Systems, Inc. (NASDAQ:MPWR) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.2600 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Monolithic Power Systems, Inc. (NASDAQ:MPWR) stands at 71.1968.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Monolithic Power Systems, Inc., the PEG ratio for coming 3-5 years is 1.3600.

Technical Analysis

The technical analysis highlights that Monolithic Power Systems, Inc. current is trading $2.5789 points away or +3.6122% from its 50-day moving average of $71.3946. Further it is trading $8.7933 or +13.4908% away its 200-day moving average of $65.1802.

The 52-week high of Monolithic Power Systems, Inc. (NASDAQ:MPWR) was $74.8400 while lowest point recorded in 52-week was $40.7500. It implies if stock price makes a movement of over $-0.8665, it will record a new 52-week high. In the case of +81.5301% drop, it will touch a new 52-week low.

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