Mp Materials Corp
MP Mine Operations LLC, doing business as MP Materials, owns and operates Mountain Pass, which is a rare earth mining and processing site of scale in North America.
Mp Materials stock last closed at $16.84, down 2.66% from the previous day, and has decreased 37.02% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.12 percentage points. Mp Materials stock is currently +32.81% from its 52-week low of $12.68, and -40.39% from its 52-week high of $28.25.
At the moment, there are 178.08M shares of MP outstanding. The market cap of MP is $3.00B. In the past 24 hours, 3.57M MP shares were traded.
How to Buy Mp Materials Stock
Not sure how to invest in Mp Materials stock? Here's how.
- Decide where to buy Mp Materials stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Mp Materials stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your payment method and add your information.
- Evaluate Mp Materials stock: The Mp Materials ticker symbol is MP. Is Mp Materials stock a good investment? Should you buy shares of MP? How do MP's underlying business fundamentals look? Do top analysts think Mp Materials is a good buy? Why has MP's stock price moved recently? (Hint: Our stock research tools can help you evaluate if MP is a good stock to buy).
- Execute your MP trade: Decide if you will purchase MP shares at the current market price or use a limit order to buy MP stock at a given price.
- Get notifications regarding your investment in MP: Create a watchlist to key updates about your investment in Mp Materials shares.
Step 1: Decide where to buy Mp Materials stock
You need an online brokerage account to access the NYSE market and buy MP stock.
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Step 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal info so you can invest in MP stock today.
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Step 3: Deposit funds into your investment account
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Step 4: Evaluate Mp Materials stock
Once you have figured out the best place to buy Mp Materials stock, it's absolutely critical to research their stock prior to buying, so you actually comprehend the risk and opportunity.
Mp Materials stock at a glance
MP Price
$16.84
1w %
15.26%
1y %
-37.02%
5y %
N/A
P/E
120.29x
P/B
2.2x
P/S
11.78x
PEG
N/A
Revenue
$253.45M
Earnings
$24.31M
Fore. Rev. Growth
32.69%
Fore. Earn. Growth
N/A
Market Cap
$3.00B
Next Earnings
May 2, 2024
Next Dividend
N/A
Fundamentals of MP
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
Mp Materials is passing 12/33 due diligence checks and has average fundamentals. It has a total Zen Score of 37. Here's further breakdown of the score:
- Valuation: MP's Valuation score is 14, which is above the Other Industrial Metals & Mining industry average. MP is currently passing 1 out of 7 due diligence checks.
- Financials: MP's Financials score is 33, which is above the Other Industrial Metals & Mining industry average. MP is passing 3 out of 7 due diligence checks.
- Forecast: MP's Forecast score is 30, which is above the Other Industrial Metals & Mining industry mean. MP is passing 3 out of 9 due diligence checks.
- Performance: MP's Performance score is 71, which is above the Other Industrial Metals & Mining industry average. MP is passing 5 out of 10 due diligence checks.
- Dividend: Since Mp Materials has no recent dividend history, we leave this dimension un-scored.
You can see all of the due diligence checks on MP's stock page.
How is MP stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge MP's fair value.
Using relative valuations methods:
- MP may be overvalued based on its P/E ratio of 120.29x, relative to Other Industrial Metals & Mining industry P/E ratio of 12.95x
- MP may be undervalued based on its P/B ratio of 2.2x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.21x
You can access additional valuation research on MP's stock here.
MP Financial Health Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the MP balance sheet.
- MP has cash burn of 196380000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the MP balance sheet.
- MP has $997.84M in cash and short term investments. This is sufficient to cover its annual cash burn of $196.38M.
- Total MP debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- MP has a relatively high debt to equity ratio of 0.71.
- MP profit margin has gone down from 54.8% to 9.6% in the past year.
Is it a good time to buy Mp Materials stock, according to Wall Street analysts?
Out of 7 sell side analysts who give forecasts on MP, the consensus analyst rating on Mp Materials is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Latest MP Analyst Recommendations
Tyler Langton, a top 32% analyst from JP Morgan maintains MP with a strong buy rating and lowers their MP price target from $22.00 to $20.00, on Feb 23, 2024.
Subash Chandra, a top 4% analyst from Benchmark reiterates MP with a strong buy rating and maintains their MP price target from $30.00 to $30.00, on Nov 14, 2023.
You can dig deeper into what analysts are saying on the Mp Materials stock forecast page.
MP Technicals
SMA10
15.91
SMA20
14.86
SMA50
15.34
SMA100
16.28
SMA200
18.32
MACD
0.54
MACD Signal
0.15
MACD Histogram
0.39
RSI
61.68
Stochastic %K
90.6
Stochastic %D
94.07
StochRSI %K
90.59
StochRSI %D
96.07
Is MP Growing Revenue?
Last year, MP earnings were $24.31M. During the last 2 year, MP's earnings have grown by -57.63% per year. This was slower than the Other Industrial Metals & Mining industry average of 6.14%.
Last year, MP revenue was $253.45M. During the last five year, MP's revenue has grown by 28.12% per year. This was faster than the Other Industrial Metals & Mining industry average of 5.29%.
You can research MP's earnings and revenue performance here.
Latest Insiders Trades at MP
In the last 12 months, insiders at MP have sold more shares than they have bought.
Ryan Corbett, Chief Financial Officer of MP, was the latest MP insider to sell. They sold $4,017.10 worth of MP shares on Mar 16, 2024.
Learn more about who owns MP stock here.
Can I rely on MP as an income stream?
No, Mp Materials doesn't provide an income stream by paying out dividends.
What do other traders have to say about MP?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your MP trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and eToro will execute the order.
If you want additional assistance investing in stocks on eToro, click the how to video below:
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Step 6: Get notifications regarding your investment in MP
Now that you own some MP shares, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to track the latest developments regarding your MP stock.
MP Feed
How to Buy Stock in Mp Materials
To reiterate, here are the 6 steps you need to take to buy Mp Materials stock right now:
- Decide where to buy Mp Materials stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Evaluate Mp Materials stock
- Execute your MP trade
- Get notifications regarding your investment in MP
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
If you would like to track your investment in Mp Materials, create a watchlist on WallStreetZen today.
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NYSE
:
MP
$16.84-0.46 (-2.66%)
Updated Apr 12, 2024
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