MPLX LP (MPLX) Stock Forecast & Predictions

MPLX LP - Unit MPLX: $26.2

200 E Hardin St, Findlay, Ohio, US. | Sector: Transportation and Warehousing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.mplx.com/

  • Market Cap$27.68B
  • Change (52 Weeks)102.65%
  • Low (52 Weeks)$13.22
  • MPLX LP (MPLX) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, MPLX LP (MPLX) stock price is $26.2 and the 52 weeks low is $13.22, which means the MPLX LP stock price is up 102.65% in the last 12 months.

    MPLX LP (MPLX) Stock Price has been Trending Strongly with an ADX reading of 28.80 as per the Weekly Chart.

    A Upward trend indicates that MPLX LP (MPLX) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that MPLX Stock price might rise further, 18.75% indicating that MPLX Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall MPLX stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    MPLX LP (MPLX) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for MPLX LP (MPLX) is based on 23 Institutional Analyst Ratings where 56.52% are on Strong Buy, 26.09% on Moderate Buy, 17.39% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 23 Institutional Analysts, majority recommended MPLX stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of MPLX LP.

    MPLX LP (MPLX) Stock Price Prediction By Analysts


    HighLowAverage
    $31.50$26.26$28.90
    $28.9010.31% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for MPLX set by the institutional analysts is $28.90 where High Estimate is $31.50, Median $28.560000000000002 and Low $26.26.

    The average price target for MPLX by Institutional Analysts is $28.90, which is 10.31% Upside from the current price. So according to the Institutional Analysts, MPLX Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    MPLX LP (MPLX) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with MPLX stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about MPLX and holding their positions hoping for a further rise in the stock price and more profit.

    MPLX LP (MPLX) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Raymond JamesOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    Raymond JamesOutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightDowngraded
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    UBSBuyMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    B of A SecuritiesBuyMaintained
    Wells FargoOverweightMaintained
    Credit SuisseOutperformUpgraded
    BarclaysOverweightUpgraded
    StifelBuyMaintained
    Raymond JamesMarket PerformDowngraded
    UBSBuyMaintained
    JP MorganNeutralDowngraded
    Wells FargoEqual-WeightDowngraded
    Credit SuisseNeutralDowngraded
    BarclaysEqual-WeightDowngraded
    Morgan StanleyOverweightInitiated
    SunTrust Robinson HumphreyHoldInitiated
    Credit SuisseOutperformMaintained
    Raymond JamesOutperformMaintained
    ScotiabankSector OutperformInitiated
    Evercore ISI GroupIn-LineDowngraded
    Raymond JamesOutperformReiterated
    Bank of AmericaBuyUpgraded
    BMO CapitalMarket PerformInitiated
    Wells FargoOutperformMaintained
    Raymond JamesOutperformDowngraded
    CitigroupBuyMaintained
    Bank of AmericaNeutralDowngraded
    Bank of AmericaBuyMaintained
    Credit SuisseOutperformInitiated
    Goldman SachsNeutralDowngraded
    Stifel NicolausBuyMaintained
    JefferiesBuyUpgraded
    Stifel NicolausBuyMaintained
    Deutsche BankBuyInitiated
    BarclaysEqual-WeightMaintained
    GuggenheimBuyUpgraded
    CitigroupBuyMaintained
    Morgan StanleyOverweightUpgraded
    JefferiesHoldDowngraded
    BarclaysEqual-WeightDowngraded
    Credit SuisseOutperformInitiated
    UBSBuyMaintained
    Stifel NicolausBuyMaintained
    JefferiesBuyMaintained
    GuggenheimBuyInitiated
    Mitsubishi UFJOverweightUpgraded
    Wells FargoOutperformUpgraded
    MizuhoBuyUpgraded
    Evercore ISI GroupBuyUpgraded
    Raymond JamesStrong BuyUpgraded
    JefferiesBuyUpgraded
    MizuhoNeutralInitiated
    FBR CapitalMarket PerformInitiated
    JefferiesHoldInitiated
    BarclaysOverweightInitiated
    Mitsubishi UFJNeutralInitiated
    Ladenburg ThalmannBuyMaintained
    RBC CapitalOutperformInitiated
    Stifel NicolausBuyUpgraded
    Raymond JamesMarket PerformInitiated
    CitigroupBuyMaintained
    Evercore ISI GroupHoldDowngraded
    Deutsche BankBuyMaintained
    Stifel NicolausHoldInitiated
    Goldman SachsBuyInitiated
    BarclaysOverweightMaintained
    Credit SuisseNeutralInitiated
    Scotia Howard WeilSector OutperformUpgraded
    Ladenburg ThalmannBuyInitiated
    Evercore ISI GroupBuyUpgraded
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    Evercore ISI GroupSellDowngraded
    Scotia Howard WeilSector PerformDowngraded
    BarclaysOverweightMaintained
    Deutsche BankBuyInitiated
    JP MorganOverweightMaintained
    Evercore ISI GroupHoldInitiated
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    UBSBuyUpgraded
    Scotia Howard WeilSector OutperformUpgraded
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    CitigroupBuyMaintained
    JP MorganOverweightMaintained
    UBSNeutralMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightUpgraded
    Bank of AmericaUnderperformDowngraded
    Scotia Howard WeilSector PerformInitiated
    Morgan StanleyOverweightInitiated
    CitigroupBuyInitiated
    Bank of AmericaBuyInitiated

    MPLX LP (MPLX) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.641
    The average consensus EPS for MPLX is $0.641 with a high estimate of $0.704 and Low of $0.568 for the period 2021-06-30 and based on 13 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.63$0.59193662020-09-30


    The latest average Earning Per Share Estimate for MPLX LP is $0.64, which is higher than MPLX's last EPS, $0.63. This means that Analysts are expecting MPLX LP to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of MPLX LP.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.63$0.59193662020-09-30
    $0.58$0.4961282020-06-30
    $0.56$0.56925182020-03-31
    $0.55$0.62408700000000012019-12-31
    $0.61$0.61778340000000012019-09-30
    $0.55$0.62208780000000012019-06-30
    $0.61$0.6014942019-03-31
    $0.58$0.67004822018-12-31
    $0.62$0.59372160000000012018-09-30
    $0.55$0.57370919999999992018-06-30
    $0.61$0.446035800000000042018-03-31
    $0.31$0.37527842017-12-31
    $0.29$0.27987782017-09-30
    $0.26$0.20172542017-06-30
    $0.19$0.234518400000000022017-03-31
    $0.17$0.231540000000000022016-12-31
    $0.21$0.21252722016-09-30
    $-0.11$0.2827952016-06-30
    $0.1$0.19222922016-03-31
    $-0.14$0.33003122015-12-31
    $0.41$0.57994142015-09-30
    $0.5$0.50492015-06-30
    $0.46$0.52311722015-03-31
    $0.38$0.43714142014-12-31
    $0.37$0.39925862014-09-30
    $0.37$0.39634142014-06-30
    $0.41$0.348258600000000032014-03-31
    $0.27$0.27831722013-12-31
    $0.29$0.31622013-09-30
    $0.26$0.28268282013-06-30
    $0.26$0.26811722013-03-31
    $0.18$0.228480000000000022012-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).