MPLX LP (NYSE: MPLX) has a price-to-earnings ratio that is above its average at 10.74x. The stock has a 36-month beta value of 1.35. Opinions on the stock are mixed, with 9 analysts rating it as a “buy,” 7 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for MPLX is 365.31M, and at present, short sellers hold a 2.59% of that float. On November 14, 2024, the average trading volume of MPLX was 1.44M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
MPLX) stock’s latest price update
MPLX LP (NYSE: MPLX)’s stock price has plunge by -0.80relation to previous closing price of 46.00. Nevertheless, the company has seen a -1.74% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-10 that My strategy focuses on high-yield securities with stable income streams to reduce stress, ensure stable investment progress, and limit capital impairment risk. The Top 3 criteria for security selection are: investment-grade balance sheets, strong dividend coverage, and defensive, non-cyclical business models. The idea is to emphasize a buy-and-hold approach with deep analysis upfront to minimize portfolio churn and maximize compounding benefits.
MPLX’s Market Performance
MPLX LP (MPLX) has seen a -1.74% fall in stock performance for the week, with a 3.49% gain in the past month and a 9.03% surge in the past quarter. The volatility ratio for the week is 1.70%, and the volatility levels for the past 30 days are at 1.45% for MPLX. The simple moving average for the past 20 days is 1.73% for MPLX’s stock, with a 8.95% simple moving average for the past 200 days.
Analysts’ Opinion of MPLX
Many brokerage firms have already submitted their reports for MPLX stocks, with BofA Securities repeating the rating for MPLX by listing it as a “Underperform.” The predicted price for MPLX in the upcoming period, according to BofA Securities is $43 based on the research report published on October 17, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see MPLX reach a price target of $40. The rating they have provided for MPLX stocks is “Buy” according to the report published on October 06th, 2023.
JP Morgan gave a rating of “Overweight” to MPLX, setting the target price at $41 in the report published on March 14th of the previous year.
MPLX Trading at 2.86% from the 50-Day Moving Average
After a stumble in the market that brought MPLX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.17% of loss for the given period.
Volatility was left at 1.45%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares surge +2.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.54% upper at present.
During the last 5 trading sessions, MPLX fell by -1.74%, which changed the moving average for the period of 200-days by +18.49% in comparison to the 20-day moving average, which settled at $44.85. In addition, MPLX LP saw 24.26% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MPLX
Current profitability levels for the company are sitting at:
- 0.44 for the present operating margin
- 0.57 for the gross margin
The net margin for MPLX LP stands at 0.39. The total capital return value is set at 0.14. Equity return is now at value 32.39, with 11.64 for asset returns.
Based on MPLX LP (MPLX), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 1.61. The interest coverage ratio of the stock is 7.01.
Currently, EBITDA for the company is 5.54 billion with net debt to EBITDA at 3.26. When we switch over and look at the enterprise to sales, we see a ratio of 5.98. The receivables turnover for the company is 7.07for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.
Conclusion
To sum up, MPLX LP (MPLX) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
