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MP Materials (MP)
NYSE:MP
Holding MP?
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MP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.02 - $20.85
Previous Close$17
Volume2.57M
Average Volume (3M)3.33M
Market Cap
$2.81B
Enterprise Value$2.82B
Total Cash (Recent Filing)$937.00M
Total Debt (Recent Filing)$942.92M
Price to Earnings (P/E)―
Beta1.47
Next Earnings
Oct 31, 2024EPS Estimate
-$0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.40
Shares Outstanding165,383,329
10 Day Avg. Volume3,790,635
30 Day Avg. Volume3,330,664
Standard Deviation0.23
R-Squared0.22
Alpha0.00313
Financial Highlights & Ratios
Price to Book (P/B)2.53
Price to Sales (P/S)16.99
Price to Cash Flow (P/CF)23.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue16.22
Enterprise Value/Gross Profit26.83
Enterprise Value/Ebitda119.96
Forecast
1Y Price Target
$20.35Price Target Upside18.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
MP Materials News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMP expects to receive $100M of prepayments/milestone and approximately $90M in cash from tax credits, which could improve the cash profile.
Market Demand And Strategic PositioningMP shipped first NdPr oxide shipments in 3Q23, and once at consistent run-rate levels, this should provide a meaningful boost to revenues and earnings in the coming years.
Production And CapacityMP Materials Corp is on track to produce metal/alloy at Fort Worth by end-2024 and magnets by end-2025.
Bears Say
Financial PerformanceMP Materials reported a 2Q adj EBITDA loss of $27M, missing consensus.
Market EnvironmentThe current low price environment for rare earths is expected to weigh on shares in the near-term.
Operational IssuesMP’s Stage I, upstream business was negatively impacted by ~10 days of unplanned downtime.
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Ownership Overview
12.82% Insiders
13.64% Mutual Funds
0.08% Other Institutional Investors
52.41% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MP FAQ
What was MP Materials’s price range in the past 12 months?
MP Materials lowest stock price was $10.02 and its highest was $20.85 in the past 12 months.
What is MP Materials’s market cap?
Currently, no data Available
When is MP Materials’s upcoming earnings report date?
MP Materials’s upcoming earnings report date is Oct 31, 2024 which is in 21 days.
How were MP Materials’s earnings last quarter?
MP Materials released its earnings results on Aug 01, 2024. The company reported -$0.17 earnings per share for the quarter, missing the consensus estimate of -$0.09 by -$0.08.
Is MP Materials overvalued?
According to Wall Street analysts MP Materials’s price is currently Undervalued.
Does MP Materials pay dividends?
MP Materials does not currently pay dividends.
What is MP Materials’s EPS estimate?
MP Materials’s EPS estimate is -$0.12.
How many shares outstanding does MP Materials have?
MP Materials has 165,383,330 shares outstanding.
What happened to MP Materials’s price movement after its last earnings report?
MP Materials reported an EPS of -$0.17 in its last earnings report, missing expectations of -$0.09. Following the earnings report the stock price went down -11.909%.
Which hedge fund is a major shareholder of MP Materials?
Among the largest hedge funds holding MP Materials’s share is Gotham Asset Management LLC. It holds MP Materials’s shares valued at 1M.
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MP Materials Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$20.35 (18.66% Upside)
$20.35 (18.66% Upside)
Blogger Sentiment
Bullish
MP Sentiment 71%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 489.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $325.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.31%
12-Months-Change
Fundamentals
Return on Equity
-3.08%
Trailing 12-Months
Asset Growth
3.27%
Trailing 12-Months
Company Description
MP Materials
MP Materials is one of the largest producers of rare earth materials, accounting for about 15% of the global supply. It operates the Mountain Pass Rare Earth Mine and Processing Facility. These rare earth materials are a critical input for powering EVs, drones, wind turbines, and other advanced technologies.
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MP Company Deck
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MP Earnings Call
Q2 2024
0:00 / 0:00
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MP Stock 12 Month Forecast
Average Price Target
$20.35
▲(18.66% Upside)
Technical Analysis
Lithium Americas Corp.
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Piedmont Lithium
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Texas Mineral Resources
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Rare Element Resources
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Best Analysts Covering MP
1 Year
1 Year Success Rate
6/11 ratings generated profit
1 Year Average Return
-6.46%
reiterated a buy rating last month
Copying George Gianarikas's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of -6.46% per trade.
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