MP Materials Corporation (NYSE: MP) Not A Good Play Anymore?

MP Materials Corporation (MP) concluded trading on Thursday at a closing price of $26.17, with 2.15 million shares of worth about $56.14 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 63.56% during that period and on March 27, 2025 the price saw a gain of about 0.42%. Currently the company’s common shares owned by public are about 163.20M shares, out of which, 119.06M shares are available for trading.

Stock saw a price change of -0.30% in past 5 days and over the past one month there was a price change of 10.10%. Year-to-date (YTD), MP shares are showing a performance of 67.76% which increased to 89.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.02 but also hit the highest price of $27.29 during that period. The average intraday trading volume for MP Materials Corporation shares is 3.26 million. The stock is currently trading 3.42% above its 20-day simple moving average (SMA20), while that difference is up 9.94% for SMA50 and it goes to 45.81% higher than SMA200.

MP Materials Corporation (NYSE: MP) currently have 163.20M outstanding shares and institutions hold larger chunk of about 66.46% of that.

The stock has a current market capitalization of $4.28B and its 3Y-monthly beta is at 2.25. It has posted earnings per share of -$0.58 in the same period. It has Quick Ratio of 5.63 while making debt-to-equity ratio of 0.87. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MP, volatility over the week remained 4.27% while standing at 5.80% over the month.

Stock’s fiscal year EPS is expected to rise by 46.61% while it is estimated to increase by 383.20% in next year.

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 Robert W. Baird on September 27, 2024 offering an Outperform rating for the stock and assigned a target price range of between $20 and $25 to it. Coverage by BMO Capital Markets stated MP Materials Corporation (MP) stock as a Market perform in their note to investors on July 15, 2024, suggesting a price target of $16.50 for the stock. On April 23, 2024, JP Morgan Downgrade their recommendations, while on March 13, 2024, Morgan Stanley Downgrade their ratings for the stock with a price target of $15.50. Stock get an Outperform rating from Northland Capital on September 06, 2023.

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