- MPS posted another quarter with double-digit increases in revenue and EPS and guidance calls for even faster growth in Q1.
- Strong quarterly numbers are bullish for the stock, but the stock has actually struggled and is in negative territory in 2021.
- Recent struggles come after an extended rally with the stock doubling in 2020, causing multiples to go up and MPS to trade at a premium versus the competition.
- Questions surround recent growth from MPS, especially with the company acknowledging inventory building played a role in boosting its numbers.
For further details see:
Uncertainty Hanging Over Monolithic Power Systems Is Clouding The Outlook