Equities research analysts expect Monolithic Power Systems, Inc. (NASDAQ:MPWR) to announce earnings per share of $0.77 for the current fiscal quarter, Zacks reports. Six analysts have made estimates for Monolithic Power Systems’ earnings. The highest EPS estimate is $0.78 and the lowest is $0.76. Monolithic Power Systems posted earnings of $0.58 per share in the same quarter last year, which indicates a positive year over year growth rate of 32.8%. The firm is scheduled to report its next earnings results on Wednesday, April 25th.
On average, analysts expect that Monolithic Power Systems will report full year earnings of $3.69 per share for the current year, with EPS estimates ranging from $3.65 to $3.75. For the next year, analysts anticipate that the business will report earnings of $4.50 per share, with EPS estimates ranging from $4.38 to $4.61. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that that provide coverage for Monolithic Power Systems.
Monolithic Power Systems (NASDAQ:MPWR) last issued its earnings results on Thursday, February 8th. The semiconductor company reported $0.82 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.02. The firm 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 firm’s revenue was up 24.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 earnings per share.
Shares of Monolithic Power Systems (NASDAQ MPWR) opened at $124.87 on Monday. The firm has a market cap of $5,261.05, a P/E ratio of 83.81, a P/E/G ratio of 2.62 and a beta of 1.25. Monolithic Power Systems has a 1-year low of $88.19 and a 1-year high of $126.80.
The company also recently announced a quarterly dividend, which will be paid on Friday, April 13th. Investors of record on Friday, March 30th will be issued a $0.30 dividend. This is a boost from Monolithic Power Systems’s previous quarterly dividend of $0.20. The ex-dividend date is Wednesday, March 28th. This represents a $1.20 annualized dividend and a yield of 0.96%. Monolithic Power Systems’s dividend payout ratio (DPR) is 53.69%.
In other Monolithic Power Systems 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 value of $194,119.38. Following the transaction, the vice president now directly owns 360,395 shares in the company, valued at $41,322,890.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael Hsing sold 17,354 shares of the stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $113.85, for a total transaction of $1,975,752.90. Following the completion of the transaction, the chief executive officer now owns 1,088,915 shares in the company, valued at $123,972,972.75. The disclosure for this sale can be found here. In the last ninety days, insiders sold 332,015 shares of company stock worth $37,414,054. 4.00% of the stock is owned by corporate insiders.
Institutional investors have recently made changes to their positions in the business. Simplex Trading LLC purchased a new position in Monolithic Power Systems in the fourth quarter valued at approximately $102,000. Captrust Financial Advisors purchased a new position in Monolithic Power Systems in the fourth quarter valued at approximately $106,000. State of Alaska Department of Revenue purchased a new position in Monolithic Power Systems in the fourth quarter valued at approximately $120,000. Cerebellum GP LLC purchased a new position in Monolithic Power Systems in the fourth quarter valued at approximately $127,000. Finally, Zeke Capital Advisors LLC purchased a new position in Monolithic Power Systems in the fourth quarter valued at approximately $201,000. Institutional investors own 91.12% of the company’s stock.
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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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