MPLX LP (MPLX) concluded trading on Thursday at a closing price of $53.36, with 5.26 million shares of worth about $280.74 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 23.78% during that period and on January 30, 2025 the price saw a gain of about 3.21%. Currently the company’s common shares owned by public are about 1.02B shares, out of which, 364.79M shares are available for trading.
Stock saw a price change of 2.85% in past 5 days and over the past one month there was a price change of 12.38%. Year-to-date (YTD), MPLX shares are showing a performance of 11.49% which increased to 40.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $37.04 but also hit the highest price of $53.15 during that period. The average intraday trading volume for MPLX LP shares is 1.89 million. The stock is currently trading 6.22% above its 20-day simple moving average (SMA20), while that difference is up 8.48% for SMA50 and it goes to 20.63% higher than SMA200.
MPLX LP (NYSE: MPLX) currently have 1.02B outstanding shares and institutions hold larger chunk of about 22.24% of that.
The stock has a current market capitalization of $54.36B and its 3Y-monthly beta is at 1.39. PE ratio of stock for trailing 12 months is 12.57, while it has posted earnings per share of $4.25 in the same period. Its PEG reads 1.85 and has Quick Ratio of 0.95 while making debt-to-equity ratio of 1.64. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MPLX, volatility over the week remained 2.08% while standing at 1.87% over the month.
Stock’s fiscal year EPS is expected to rise by 10.31% while it is estimated to increase by 3.98% in next year. EPS is likely to shrink at an annualized rate of 6.80% for next 5-years, compared to annual growth of 10.78% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on October 17, 2024 offering an Underperform rating for the stock and assigned a target price of $43 to it. Coverage by Goldman stated MPLX LP (MPLX) stock as a Buy in their note to investors on October 06, 2023, suggesting a price target of $40 for the stock. On March 14, 2023, JP Morgan Upgrade their recommendations, while on January 09, 2023, Wolfe Research Upgrade their ratings for the stock with a price target of $36. Stock get a Neutral rating from Citigroup on December 09, 2022.
