MP Materials Corporation (MP) concluded trading on Wednesday at a closing price of $23.81, with 6.91 million shares of worth about $164.56 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 33.46% during that period and on April 09, 2025 the price saw a gain of about 8.52%. Currently the company’s common shares owned by public are about 163.20M shares, out of which, 119.43M shares are available for trading.
Stock saw a price change of -5.37% in past 5 days and over the past one month there was a price change of -0.83%. Year-to-date (YTD), MP shares are showing a performance of 52.63% which increased to 48.63% 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 3.30 million. The stock is currently trading -6.19% below its 20-day simple moving average (SMA20), while that difference is down -2.30% for SMA50 and it goes to 29.33% higher than SMA200.
MP Materials Corporation (NYSE: MP) currently have 163.20M outstanding shares and institutions hold larger chunk of about 66.43% of that.
The stock has a current market capitalization of $3.89B and its 3Y-monthly beta is at 2.12. 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 16.02% while standing at 7.30% over the month.
Analysts are in expectations that MP Materials Corporation (MP) stock would likely to be making an EPS of -0.11 in the current quarter, while forecast for next quarter EPS is -0.1 and it is 0.58 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.16 which is -0.03 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.04 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 44.24% while it is estimated to increase by 330.11% 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.
