Keybanc Upgrades Monolithic Power Systems to Overweight, Announces $520 Price Target
Keybanc analyst John Vinh upgrades Monolithic Power Systems (NASDAQ:MPWR) from Sector Weight to Overweight and announces $520 price target.
CEO Of Monolithic Power Systems Makes $3.5M Sale
Michael Hsing, CEO at Monolithic Power Systems (NASDAQ:MPWR), made a large insider sell on November 12, according to a new SEC filing.
Where Monolithic Power Systems Stands With Analysts
Monolithic Power Systems (NASDAQ:MPWR) has observed the following analyst ratings within the last quarter:
Raymond James Maintains Outperform on Monolithic Power Systems, Raises Price Target to $600
Raymond James analyst Chris Caso maintains Monolithic Power Systems (NASDAQ:MPWR) with a Outperform and raises the price target from $440 to $600.
Monolithic Power Systems Q3 Adj. EPS $2.06 Beats $2.00 Estimate, Sales $323.50M Beat $316.04M Estimate
Monolithic Power Systems (NASDAQ:MPWR) reported quarterly earnings of $2.06 per share which beat the analyst consensus estimate of $2.00 by 3 percent. This is a 21.89 percent increase over earnings of $1.69 per share
Looking Into Monolithic Power Systems’s Return On Capital Employed
According to Benzinga Pro, during Q2, Monolithic Power Systems (NASDAQ:MPWR) earned $60.63 million, a 31.55% increase from the preceding quarter. Monolithic Power Systems also posted a total of $293.32 million in sales, a 15.27% increase since Q1.
Earnings Scheduled For October 28, 2021
Companies Reporting Before The Bell
• LendingTree (NASDAQ:TREE) is estimated to report quarterly earnings at $0.57 per share on revenue of $292.63 million.
What 8 Analyst Ratings Have To Say About Monolithic Power Systems
Analysts have provided the following ratings for Monolithic Power Systems (NASDAQ:MPWR) within the last quarter: