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MP Materials (MP)
NYSE:MP
Holding MP?
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MP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$10.02 - $24.01
Previous CloseN/A
Volume980.19K
Average Volume (3M)3.42M
Market Cap
$3.16B
Enterprise Value$2.98B
Total Cash (Recent Filing)$2.76M
Total Debt (Recent Filing)$13.99M
Price to Earnings (P/E)―
Beta1.37
Next Earnings
Feb 20, 2025EPS Estimate
-0.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.53
Shares Outstanding163,207,230
10 Day Avg. Volume3,507,459
30 Day Avg. Volume3,415,317
Standard Deviation0.23
R-Squared0.24
Alpha-0.00020
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)18.27
Price to Cash Flow (P/CF)-122.90
P/FCF Ratio0.00
Enterprise Value/Market Cap0.94
Enterprise Value/Revenue16.17
Enterprise Value/Gross Profit28.33
Enterprise Value/Ebitda332.96
Forecast
1Y Price Target
$22.64Price Target Upside6.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
MP Materials News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMP delivered ~$62.9M in revenue during 3Q24 — representing ~19.8% annual growth from ~$52.5M in 3Q23 driven by sales of NdPr oxide — which began in 4Q23, and increased REO sales volumes, reflecting higher mineral recoveries and operational efficiencies.
Market OpportunitiesThe strategic value of MP is growing given its successful launch of US rare earth refining, China's current market dominance, the geopolitical state of affairs, and management’s ambitions of becoming a Western magnet leader.
Strategic PositioningMP is advancing a three-staged vertically integrated mine-to-magnet strategy to become a leading supplier of rare earths and permanent magnets.
Bears Say
Demand ChallengesDemand for rare earths remains challenged, as massive fiscal stimulus from China is considered unlikely in the near term.
Market ConditionsThe current low price environment for rare earths is expected to weigh on shares in the near-term.
Operational RisksNear-term execution risk as Stage II ramps amid challenging pricing and elevated capex needs resulting in cash burn and trough earnings.
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Ownership Overview
11.39% Insiders
14.20% Mutual Funds
0.59% Other Institutional Investors
52.73% 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 $24.01 in the past 12 months.
What is MP Materials’s market cap?
MP Materials’s market cap is $3.16B.
When is MP Materials’s upcoming earnings report date?
MP Materials’s upcoming earnings report date is Feb 20, 2025 which is in 33 days.
How were MP Materials’s earnings last quarter?
MP Materials released its earnings results on Nov 07, 2024. The company reported -$0.12 earnings per share for the quarter, beating the consensus estimate of -$0.127 by $0.007.
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 -0.11.
How many shares outstanding does MP Materials have?
MP Materials has 163,207,230 shares outstanding.
What happened to MP Materials’s price movement after its last earnings report?
MP Materials reported an EPS of -$0.12 in its last earnings report, beating expectations of -$0.127. Following the earnings report the stock price went down -2.402%.
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 10M.
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MP Materials Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$22.64 (6.94% Upside)
$22.64 (6.94% Upside)
Blogger Sentiment
Bullish
MP Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 591.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $16.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days <0.1%
Last 30 Days ▲ 7.4%
Last 30 Days ▲ 7.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.69%
12-Months-Change
Fundamentals
Return on Equity
-4.86%
Trailing 12-Months
Asset Growth
-0.94%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant operational achievements, including record production levels in both upstream and midstream operations, and strategic financial management with tax credits and a strong cash position. Despite some challenges in pricing, production downtime, and scalability of midstream operations, the overall progress and future outlook remain strong.Read More>---
MP Stock 12 Month Forecast
Average Price Target
$22.64
▲(6.94% Upside)
Technical Analysis
Lithium Americas Corp.
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Rare Element Resources
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Sociedad Quimica Y Minera SA
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United States Steel
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Best Analysts Covering MP
1 Year
1 Year Success Rate
7/12 ratings generated profit
1 Year Average Return
+0.93%
reiterated a buy rating 2 months ago
Copying George Gianarikas's trades and holding each position for 1 Year would result in 58.33% of your transactions generating a profit, with an average return of +0.93% per trade.
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