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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$18.74
Volume2.15M
Average Volume (3M)3.33M
Market Cap
$3.10B
Enterprise Value$3.11B
Total Cash (Recent Filing)$937.00M
Total Debt (Recent Filing)$942.92M
Price to Earnings (P/E)―
Beta1.36
Next Earnings
Nov 07, 2024EPS Estimate
-$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.40
Shares Outstanding165,383,329
10 Day Avg. Volume1,954,256
30 Day Avg. Volume3,325,502
Standard Deviation0.23
R-Squared0.22
Alpha0.00313
Financial Highlights & Ratios
Price to Book (P/B)2.68
Price to Sales (P/S)17.85
Price to Cash Flow (P/CF)25.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.88
Enterprise Value/Gross Profit29.57
Enterprise Value/Ebitda132.22
Forecast
1Y Price Target
$20.56Price Target Upside14.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
MP Materials News
Bulls Say, Bears Say
Bulls Say
Business StrategyMP Materials Corp's involvement at various points along the value chain provides it with unique flexibility to produce and sell product at each stage and be tactical while maximizing profitability.
Financial PerformanceThe company's shares have rallied approximately 30% since the initial China stimulus news, indicating strong momentum from sentiment-driven gains.
Shareholder ValueMP Materials announced a $300M increase to its share repurchase program, raising the total authorized amount to $600M, while also extending the duration of the program until August 30, 2026.
Bears Say
Financial PerformanceMP Materials reported a 2Q adj EBITDA loss of $27M, missing consensus.
Market DemandDemand for rare earths remains challenged, as massive fiscal stimulus from China is considered unlikely 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
13.61% Mutual Funds
2.97% Other Institutional Investors
49.82% 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 Nov 07, 2024 which is in 6 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 -$0.13.
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:
$20.56 (14.29% Upside)
$20.56 (14.29% Upside)
Blogger Sentiment
Bullish
MP Sentiment 71%
Sector Average 72%
Sector Average 72%
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
Negative
Last 7 Days ▲ 0.8%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.69%
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
$20.56
▲(14.29% Upside)
Technical Analysis
Lithium Americas Corp.
―
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
-0.84%
reiterated a buy rating 2 months ago
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 -0.84% per trade.
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