Home  »  Finance   »  Top Moving Stock Now – MPLX LP (NYSE: MPLX)...

Top Moving Stock Now – MPLX LP (NYSE: MPLX)

MPLX LP (NYSE:MPLX) traded at $33.82 at last check on Wednesday, November 23, made a downward move of -0.35% on its previous day’s price.

Looking at the stock we see that its previous close was $33.94 and the beta (5Y monthly) reads 1.47 with the day’s price range being $32.86 – $34.00. The company has a trailing 12-month PE ratio of 8.98. In terms of its 52-week price range, MPLX has a high of $35.49 and a low of $27.47. The company’s stock has gained about 3.57% over that past 30 days.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


MPLX LP has a market cap of $33.17 billion and is expected to release its quarterly earnings report on Jan 31, 2023 – Feb 06, 2023. With its Forward Dividend at 3.10 and a yield of 9.13%, the company’s investors could be anxious for the MPLX stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.85, with the EPS growth for the year raised at $3.57 for 2022 and $3.52 for next year. These figures represent 24.80% and -1.40% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $2.71 billion, with a low of $2.28 billion and a high of $2.89 billion. The median projection represents growth adding up to -1.00% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $11.59 billion, or 15.60% up from figures reported last year.

There have been 1 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the MPLX stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 50% Buy.

Based on estimates by 13 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 5 have rated the MPLX LP (MPLX) stock as a Hold, while 5 rate it as a Buy. 2 analyst(s) rate it as overweight while 1 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the MPLX stock currently stands at 0.90, and the most recent price level today is 0.80% off its SMA20 and 4.70% from its 50-day simple moving average. The RSI (14) is pointing at 55.57 while the volatility over the past week is 2.37% and jumps to 2.28% over the past one month. The beta value is 1.47, while the average true range (ATR) is currently pointing at 0.82. The average price target for the stock over the next 12 months is $38.73, with the estimates having a low of $35.00 and a high of $44.00. These price ends are -3.49% and -30.1% off the today’s price level respectively, although investors could be excited at the prospect of a -15.32% if the MPLX share price touches on the median price of $39.00.

Let’s briefly compare MPLX LP (MPLX) stock to its peers. We find that today’s price change of -0.35% and 12.98% over the past 12 months for MPLX competes that of NuStar Energy L.P. (NS), which has seen its stock price fall -1.23% in the latest trading session and is 8.28% over the last one year. Another of its peers Holly Energy Partners L.P. (HEP) has dropped -1.91% today, and was 14.88% up over the past year, while Delek Logistics Partners LP (DKL) is also down -0.06% yet, while its price remains in the green at 23.56% over the same period. MPLX LP has a P/E ratio of 8.98 compared to NuStar Energy L.P.’s 44.86 and Holly Energy Partners L.P.’s 12.09. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.55% and 0.28%, respectively, in early deals.

Coming back to MPLX LP (NYSE:MPLX), we note that the average 3-month trading volume was 1.71 million, while that of the preceding 10-day period stands at 1.53 million. Current shares outstanding are 1.01 billion.

The insiders hold 64.70% of the company’s shares while institutions hold 23.30%. The data shows that short shares as of Oct 30, 2022, stood at 14.97 million at a short ratio of 8.17. This represents a 1.49% short interest in shares outstanding on Oct 30, 2022. Shares short fall in October from the previous month at 15.64 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 14.70% up in year-to-date price movement.

Leave a Comment

Your email address will not be published. Required fields are marked *