The stock of ABB Ltd (ADR) (NYSE:ABB) is a huge mover today! About 634,001 shares traded. ABB Ltd (ADR) (NYSE:ABB) has risen 3.07% since September 9, 2016 and is uptrending. It has underperformed by 7.33% the S&P500.The move comes after 5 months negative chart setup for the $59.46B company. It was reported on Apr, 18 by Barchart.com. We have $21.02 PT which if reached, will make NYSE:ABB worth $2.97B less.
Monolithic Power Systems, Inc. designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The company has market cap of $3.78 billion. The Firm operates in the design, development, marketing and sale of power solutions for the communications, storage and computing, consumer and industrial markets segment. It has a 71.89 P/E ratio. The Company’s product families include Direct Current to DC Products, and Lighting Control Products.
Since January 1, 0001, it had 0 insider purchases, and 38 insider sales for $35.40 million activity.
Summit Creek Advisors Llc holds 2.7% of its portfolio in Monolithic Power Systems, Inc. for 192,954 shares. Zevenbergen Capital Investments Llc owns 612,210 shares or 2.36% of their US portfolio. Moreover, Whale Rock Capital Management Llc has 1.64% invested in the company for 247,998 shares. The California-based Insight Capital Research & Management Inc has invested 1.63% in the stock. Wasatch Advisors Inc, a Utah-based fund reported 1.26 million shares.
Analysts await Monolithic Power Systems, Inc. (NASDAQ:MPWR) to report earnings on May, 1. They expect $0.28 EPS, up 7.69% or $0.02 from last year’s $0.26 per share. MPWR’s profit will be $11.72M for 80.63 P/E if the $0.28 EPS becomes a reality. After $0.40 actual EPS reported by Monolithic Power Systems, Inc. for the previous quarter, Wall Street now forecasts -30.00% negative EPS growth.
Ratings analysis reveals 100% of Monolithic Power Systems’s analysts are positive. Out of 8 Wall Street analysts rating Monolithic Power Systems, 8 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $61 while the high is $94. The stock’s average target of $78.17 is -13.44% below today’s ($90.31) share price. MPWR was included in 17 notes of analysts from August 31, 2015. The stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) has “Buy” rating given on Tuesday, May 3 by Stifel Nicolaus. Stifel Nicolaus maintained Monolithic Power Systems, Inc. (NASDAQ:MPWR) on Tuesday, November 1 with “Buy” rating. Needham maintained Monolithic Power Systems, Inc. (NASDAQ:MPWR) rating on Tuesday, October 27. Needham has “Buy” rating and $68 target. Stifel Nicolaus maintained Monolithic Power Systems, Inc. (NASDAQ:MPWR) rating on Thursday, July 14. Stifel Nicolaus has “Buy” rating and $81 target. The firm has “Buy” rating by William Blair given on Monday, September 21. The firm earned “Buy” rating on Monday, September 14 by Needham. William Blair maintained the shares of MPWR in report on Monday, August 31 with “Outperform” rating. The stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) earned “Overweight” rating by Piper Jaffray on Friday, September 11. The company was upgraded on Monday, November 21 by Raymond James. The firm has “Outperform” rating given on Tuesday, May 3 by Oppenheimer.
About 63,403 shares traded. Monolithic Power Systems, Inc. (NASDAQ:MPWR) has risen 23.15% since September 9, 2016 and is uptrending. It has outperformed by 12.76% the S&P500.
Among 14 analysts covering ABB Ltd (NYSE:ABB), 8 have Buy rating, 2 Sell and 4 Hold. Therefore 57% are positive. ABB Ltd had 24 analyst reports since August 21, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Friday, October 9. The stock of ABB Ltd (ADR) (NYSE:ABB) earned “Buy” rating by Natixis on Wednesday, February 8. Robert W. Baird maintained the stock with “Neutral” rating in Wednesday, October 5 report. As per Friday, December 11, the company rating was upgraded by RBC Capital Markets. The firm earned “Overweight” rating on Monday, December 12 by Morgan Stanley. The firm has “Underweight” rating by JP Morgan given on Tuesday, September 22. The stock of ABB Ltd (ADR) (NYSE:ABB) has “Underperform” rating given on Tuesday, December 13 by Jefferies. The stock of ABB Ltd (ADR) (NYSE:ABB) has “Buy” rating given on Tuesday, January 10 by Bank of America. The firm earned “Buy” rating on Friday, August 21 by HSBC. The company was downgraded on Friday, August 19 by HSBC.
Analysts await ABB Ltd (ADR) (NYSE:ABB) to report earnings on April, 19. They expect $0.23 earnings per share, 0.00% or $0.00 from last year’s $0.23 per share. ABB’s profit will be $617.98 million for 24.05 P/E if the $0.23 EPS becomes a reality. After $0.33 actual earnings per share reported by ABB Ltd (ADR) for the previous quarter, Wall Street now forecasts -30.30% negative EPS growth.
