MP Materials Corp

Company Profile

MP Materials Corp had its IPO on 2020-06-22 under the ticker symbol MP.

The company operates in the Basic Materials sector and Other Industrial Metals & Mining industry. MP Materials Corp has a staff strength of 486 employees.

Stock update

Shares of MP Materials Corp opened at $21.52 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $21.28 - $22.07, and closed at $21.38.

This is a -1.2% slip from the previous day's closing price.

A total volume of 2,089,971 shares were traded at the close of the day’s session.

In the last one week, shares of MP Materials Corp have slipped by -0.6%.

MP Materials Corp's Key Ratios

MP Materials Corp has a market cap of $3.83 billion, indicating a price to book ratio of 4.4132 and a price to sales ratio of 9.743.

In the last 12-months MP Materials Corp’s revenue was $377.41 million with a gross profit of $435.29 million and an EBITDA of $190.20 million. The EBITDA ratio measures MP Materials Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, MP Materials Corp’s operating margin was 42.68% while its return on assets stood at 4.59% with a return of equity of 13.81%.

In Q2, MP Materials Corp’s quarterly earnings growth was a negative -89.6% while revenue growth was a negative 55.4%.

MP Materials Corp’s PE and PEG Ratio

Forward PE

26.178

Trailing PE

22

PEG

Its diluted EPS in the last 12-months stands at $0.98 per share while it has a forward price to earnings multiple of 26.178 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into MP Materials Corp’s profitability.

MP Materials Corp stock is trading at a EV to sales ratio of 9.179 and a EV to EBITDA ratio of 13.123. Its price to sales ratio in the trailing 12-months stood at 9.743.

MP Materials Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.29 billion

Total Liabilities

$75.77 million

Operating Cash Flow

$265.93 million

Capital Expenditure

$55.77 million

Dividend Payout Ratio

0%

MP Materials Corp ended 2024 with $2.29 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.29 billion while shareholder equity stood at $1.36 billion.

MP Materials Corp ended 2024 with $135.59 million in deferred long-term liabilities, $75.77 million in other current liabilities, 17000.00 in common stock, $406.26 million in retained earnings and $0 in goodwill. Its cash balance stood at $927.25 million and cash and short-term investments were $1.13 billion. The company’s total short-term debt was $309,000 while long-term debt stood at $680.21 million.

MP Materials Corp’s total current assets stands at $1.22 billion while long-term investments were $0 and short-term investments were $200.83 million. Its net receivables were $15.23 million compared to accounts payable of $71.66 million and inventory worth $67.78 million.

In 2024, MP Materials Corp's operating cash flow was $265.93 million while its capital expenditure stood at $55.77 million.

Comparatively, MP Materials Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$21.38

52-Week High

$36.67

52-Week Low

$19.18

Analyst Target Price

$36.45

MP Materials Corp stock is currently trading at $21.38 per share. It touched a 52-week high of $36.67 and a 52-week low of $36.67. Analysts tracking the stock have a 12-month average target price of $36.45.

Its 50-day moving average was $22.68 and 200-day moving average was $26 The short ratio stood at 4.94 indicating a short percent outstanding of 0%.

Around 1960.5% of the company’s stock are held by insiders while 5015.7% are held by institutions.