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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$18.61
Volume4.79M
Average Volume (3M)3.09M
Market Cap
$3.02B
Enterprise Value$3.02B
Total Cash (Recent Filing)$937.00M
Total Debt (Recent Filing)$942.92M
Price to Earnings (P/E)―
Beta1.41
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. Volume2,306,801
30 Day Avg. Volume3,086,656
Standard Deviation0.23
R-Squared0.22
Alpha0.00396
Financial Highlights & Ratios
Price to Book (P/B)2.93
Price to Sales (P/S)17.72
Price to Cash Flow (P/CF)25.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.41
Enterprise Value/Gross Profit28.80
Enterprise Value/Ebitda128.76
Forecast
1Y Price Target
$20.08Price Target Upside2.03% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
MP Materials News
PremiumCompany Announcements
MP Materials Reports Growth Amidst Market Challenges
Bulls Say, Bears Say
Bulls Say
Earnings And Revenue GrowthThe company has begun shipping its first NdPr oxide shipments in the third quarter, and consistent production levels, along with future initiatives, are expected to significantly boost revenues and earnings.
Shareholder ReturnsMP 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.
Strategic Expansion And PartnershipsMP Materials Corp is the largest ex-China rare earth producer and is advancing a vertically integrated mine-to-magnet strategy anchored by a large-scale U.S.-based mining operation.
Bears Say
Demand ChallengesDemand for rare earths remains challenged, as massive fiscal stimulus from China is considered unlikely in the near term.
Execution RiskThere is a concern about execution risk as Stage II ramps up amid challenging pricing and elevated capital expenditure needs, leading to cash burn and low earnings.
Operational DisruptionsMP's Stage I, upstream business was negatively impacted by approximately 10 days of unplanned downtime.
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Ownership Overview
12.82% Insiders
13.61% Mutual Funds
5.16% Other Institutional Investors
47.64% 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 3 days ago.
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:
$20.08 (2.03% Upside)
$20.08 (2.03% 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 ▼ 1.3%
Last 30 Days ▼ 1.0%
Last 30 Days ▼ 1.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.33%
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
$20.08
▲(2.03% 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
-2.42%
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 -2.42% per trade.
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