MPLX LP (MPLX) Net income fell to 1.85 billion: Growth Analysis

MPLX LP (MPLX) is owned by a number of high-value investors. Its largest direct holder is Michael J. Hennigan Director and President with 137,305 shares. The second-largest direct holder is Gary R. Heminger Chairman of the Board and Chief Executive Officer of the Company and MPC; President of MPC, with 131,956 shares of the company’s stock. In third place with 99,282 shares of MPLX is Dan D. Sandman Lead Independent Director.

Now turning to institutional ownership of MPLX LP (MPLX), Tortoise Capital Advisors LLC is the top holder with 37.42 million shares. The next largest fund holder of this company’s stock is ALPS Advisors, Inc. with 35.5 million shares. In the third-place spot with 21.85 million shares is Harvest Fund Advisors LLC.

This company’s stock price was $26.84 at the previous market close, with its latest volume reaching 1500895. Compare that to its average daily volume of 2.81M. Given the fact that this stock has 1.06B shares outstanding, its current market value is sitting at $28.32B. This publicly-traded stock’s 60-month Beta is 1.07. Its Price to Sales ratio is 4.23, its Price to Cash Flow ratio is 4046.01, and its Price to Book ratio is 3.22.

MPLX stock has achieved a 5-day range of $26.57 to $27.52, with a total performance of -0.41% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $26.57 to $30.53, generating a -10.71% change during the period. In the past three months, this stock’s price has changed by -13.22%, trading in the range of $25.85 to $31.78.

In the past 5 days, shares of MPLX have made a new high 2 times. In the last month, it has made a new high 2 times, and in the past 3 months, it has made a new high 2 times.

Now let’s turn to this public company’s earnings. For the quarter ending 6/29/2019, the earnings per share (EPS) was reported at 0.55. This is a -0.06 difference compared to the consensus estimate of 0.61, amounting to an earnings surprise of -9.80%. In the previous quarter, which ended in 6/29/2019, the consensus estimate was 0.59, making for an earnings surprise of 3.40%. For the quarter ending 12/30/2018, EPS was reported at 0.58, generating a -12.10% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $1.83 billion. This is compared to the prior year, where Net Income was $836.0 million. Meanwhile, this company’s Operating Cash Flow was $2.83 billion for the year, compared to $1.91 billion in 2017. Capital Expenditures for the year were reportedly -$1.92 billion, compared to -$1.41 billion, and Free Cash flow was $907.0 million compared to the prior year’s $496.0 million.

MPLX LP (MPLX) stock currently has a Financial Strength score of 3/10. This is due to a combination of factors, including an Equity to Asset ratio of 0.32, a Debt to Equity ratio of 1.87 and a Debt to EBITDA of 4.22. The Interest Coverage of this stock is 3.97, its Piotroski F-Score is 7, its Altman Z-Score is 1.69 and its Beneish M-Score is -2.75.

This publicly-traded company’s Profitability and Growth score is 8/10, thanks to a combination of things: an Operating Margin of 38.03, a Net Margin of 30.53, a ROE of 23.94, and a ROC of 17.56.

Shifting focus now to Valuation and Return for MPLX, this company’s Price to Tangible Book is 4.6 and its Price to Median PS Value is 0.85. Price to Peter Lynch Fair Value for MPLX is now 0.00, and this organization’s Price to Graham Number is 1.54. Meanwhile, its Forward Rate of Return (Yactman) is 7.85.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for MPLX is sitting at 0.68, while its Current Ratio is 0.75 and its PEG Ratio is 1.83. This stock’s PB Ratio is 2.79, its PS Ratio is 3.41, its Forward PE Ratio is 10, and its PE Ratio without NRI is 11.67. Similarly, its Price to Owner Earnings is 11.9, its Price to Free Cash Flow is 20.35 and its Price to Operating Cash Flow is 7.11.