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MP Materials (MP)
NYSE:MP
MP Materials (MP) Stock Price & Analysis
2,707 Followers
MP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.68 - $26.53
Previous Close$17.93
Volume1.30M
Average Volume (3M)4.15M
Market Cap
$3.00B
Enterprise Value$2.66B
Total Cash (Recent Filing)$997.84M
Total Debt (Recent Filing)$688.81M
Price to Earnings (P/E)-116.1
Beta1.40
Next Earnings
Aug 01, 2024EPS Estimate
-$0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.15
Shares Outstanding165,316,817
10 Day Avg. Volume3,871,049
30 Day Avg. Volume4,146,796
Standard Deviation0.23
R-Squared0.25
Alpha0.00525
Financial Highlights & Ratios
Price to Book (P/B)2.24
Price to Sales (P/S)11.70
Price to Cash Flow (P/CF)-55.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.48
Enterprise Value/Gross Profit6.94
Enterprise Value/Ebitda46.84
Forecast
1Y Price Target
$21.50Price Target Upside18.65% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
MP Materials News
Bulls Say, Bears Say
Bulls Say
Financial StrengthMP's successful completion of a $650M convertible note offering, surpassing the initial $500M target, showcases strong market confidence and enables the company to strengthen its balance sheet through share repurchases and debt repayment.
Operational EfficiencyMP is driving value creation through the calculated ramping of Stage II operations, focusing on improving both fixed and variable costs to boost profitability.
Strategic PositioningIncreased US-China tensions enhance the strategic value of MP's Mountain Pass asset, particularly for the robotics and magnetics industries, underscoring its importance in a geopolitical context.
Bears Say
Financial PerformanceMP Materials reported a 1Q adjusted EBITDA loss of $1.2M, missing consensus.
Market OutlookAnalyst retains the Neutral rating on the stock due to China's supply resilience and a low likelihood of market bifurcation within this decade.
Operational IssuesMP's 4Q REO concentrate production volumes were down due to planned maintenance and unforeseen downtime from a power plant outage.
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Ownership Overview
35.49% Insiders
14.49% Mutual Funds
38.28% Other Institutional Investors
11.74% 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 Aug 01, 2024 which is in 77 days.
How were MP Materials’s earnings last quarter?
MP Materials released its earnings results on May 02, 2024. The company reported -$0.04 earnings per share for the quarter, missing the consensus estimate of -$0.034 by -$0.006.
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 -$0.05.
How many shares outstanding does MP Materials have?
MP Materials has 165,316,820 shares outstanding.
What happened to MP Materials’s price movement after its last earnings report?
MP Materials reported an EPS of -$0.04 in its last earnings report, missing expectations of -$0.034. Following the earnings report the stock price went down -3.446%.
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
Moderate Buy
Average Price Target:
$21.50 (18.65% Upside)
$21.50 (18.65% Upside)
Blogger Sentiment
Bullish
MP Sentiment 61%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 142.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days <0.1%
Last 30 Days ▼ 3.5%
Last 30 Days ▼ 3.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-17.79%
12-Months-Change
Fundamentals
Return on Equity
0.27%
Trailing 12-Months
Asset Growth
3.20%
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
Q1 2024
0:00 / 0:00
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MP Stock 12 Month Forecast
Average Price Target
$21.50
▲(18.65% Upside)
Technical Analysis
Best Analysts Covering MP
1 Year
1 Year Success Rate
4/9 ratings generated profit
1 Year Average Return
-15.19%
reiterated a buy rating 2 months ago
Copying George Gianarikas's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of -15.19% per trade.
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