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MP Materials (MP)
NYSE:MP
MP Materials (MP) Stock Price & Analysis
2,658 Followers
MP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.68 - $26.53
Previous Close$16.45
Volume2.44M
Average Volume (3M)3.83M
Market Cap
$2.93B
Enterprise Value$2.62B
Total Cash (Recent Filing)$997.84M
Total Debt (Recent Filing)$688.81M
Price to Earnings (P/E)137.7
Beta1.48
Next Earnings
May 02, 2024EPS Estimate
-$0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.12
Shares Outstanding178,077,678
10 Day Avg. Volume5,242,864
30 Day Avg. Volume3,830,406
Standard Deviation0.23
R-Squared0.27
Alpha-0.00075
Financial Highlights & Ratios
Price to Book (P/B)2.20
Price to Sales (P/S)11.56
Price to Cash Flow (P/CF)-54.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.35
Enterprise Value/Gross Profit6.86
Enterprise Value/Ebitda46.26
Forecast
1Y Price Target
$21.72Price Target Upside32.04% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
MP Materials News
Bulls Say, Bears Say
Bulls Say
Financial HealthThe company's strategic financial maneuvers, such as raising capital through convertible senior notes and proactive balance sheet management by repurchasing shares and paying back debt, underscore its strong financial positioning.
Market PositionMP's expansion into rare earth oxide separation and magnetics production, complemented by strategic customer diversification, positions the company to capitalize on the growing demand in the Electric Vehicle market and beyond.
Operational EfficiencyMP is delivering solid operational results with the successful ramp-up of Stage I operations at Mountain Pass, showcasing the company's operational competency.
Bears Say
Commodity PricingThe NdPr spot price has fallen to levels below the 10-year average, leading to cuts in NdPr price forecasts amid weakened demand outlook in the near-term.
Financial PerformanceQ4 results were mixed as NdPr pricing continues to be depressed.
Operational IssuesManagement has guided to not reaching run-rate capacity of separated oxide production in 2024 due to the depressed price environment.
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Ownership Overview
32.95% Insiders
13.35% Mutual Funds
21.43% Other Institutional Investors
32.27% 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 $12.68 and its highest was $26.53 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 May 02, 2024 which is in 9 days.
How were MP Materials’s earnings last quarter?
MP Materials released its earnings results on Feb 22, 2024. The company reported -$0.02 earnings per share for the quarter, beating the consensus estimate of -$0.039 by $0.019.
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 -$0.03.
How many shares outstanding does MP Materials have?
MP Materials has 178,077,680 shares outstanding.
What happened to MP Materials’s price movement after its last earnings report?
MP Materials reported an EPS of -$0.02 in its last earnings report, beating expectations of -$0.039. Following the earnings report the stock price went down -4.215%.
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 5M.
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MP Materials Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$21.72 (32.04% Upside)
$21.72 (32.04% Upside)
Blogger Sentiment
Bullish
MP Sentiment 61%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 142.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 4.2%
Last 30 Days ▼ 4.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-39.98%
12-Months-Change
Fundamentals
Return on Equity
1.81%
Trailing 12-Months
Asset Growth
5.82%
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
Q4 2024
0:00 / 0:00
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MP Stock 12 Months Forecast
Average Price Target
$21.72
▲(32.04% Upside)
Technical Analysis
Best Analysts Covering MP
1 Year
1 Year Success Rate
3/9 ratings generated profit
1 Year Average Return
-17.70%
reiterated a buy rating last month
Copying George Gianarikas's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -17.70% per trade.
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