MPLX LP Stock Target Price and Analyst Consensus

MPLX Stock  USD 41.31  0.43  1.05%   
The current analyst and expert consensus on MPLX LP is Buy with 6 buy recommendations. The current projected MPLX LP target price consensus is 40.31, with 17 analyst opinions. The most common way MPLX LP analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to MPLX LP executives, vendors, and/or customers. MPLX LP buy-or-sell recommendation module provides average expert sentiment on the projected MPLX LP target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on MPLX LP to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.
Lowest Forecast
36.68
Highest Forecast
44.74
Target Price
40.31
At this time, MPLX LP's Gross Profit is fairly stable compared to the past year. Net Profit Margin is likely to rise to 0.39 in 2024, whereas Pretax Profit Margin is likely to drop 0.29 in 2024. At this time, MPLX LP's Short Term Debt is fairly stable compared to the past year. Deferred Long Term Liabilities is likely to rise to about 254.9 M in 2024, whereas Total Assets are likely to drop slightly above 20.8 B in 2024.
  
It's important to approach MPLX LP's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

MPLX LP Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. MPLX target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. MPLX LP's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   17  Buy
Most MPLX analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand MPLX stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of MPLX LP, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

MPLX LP Target Price Projection

MPLX LP's current and average target prices are 41.31 and 40.31, respectively. The current price of MPLX LP is the price at which MPLX LP is currently trading. On the other hand, MPLX LP's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

MPLX LP Market Quote on 28th of March 2024

Low Price40.87Odds
High Price41.31Odds

41.31

Target Price

Analyst Consensus On MPLX LP Target Price

Low Estimate36.68Odds
High Estimate44.74Odds

40.31

Historical Lowest Forecast  36.68 Target Price  40.31 Highest Forecast  44.74
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on MPLX LP and the information provided on this page.

MPLX LP Analyst Ratings

MPLX LP's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about MPLX LP stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of MPLX LP's financials, market performance, and future outlook by experienced professionals. MPLX LP's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize MPLX LP price targets

MPLX LP's stock target price is an estimate of its future price, usually made by analysts. Using MPLX LP's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at MPLX LP's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if MPLX LP's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional MPLX LP Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of MPLX LP is a key component of MPLX LP valuation and have some predictive power on the future returns of a MPLX LP.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MPLX LP's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
40.1041.3142.52
Details
Intrinsic
Valuation
LowRealHigh
34.4435.6545.44
Details
Naive
Forecast
LowNextHigh
40.5741.7842.98
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.940.981.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MPLX LP. Your research has to be compared to or analyzed against MPLX LP's peers to derive any actionable benefits. When done correctly, MPLX LP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in MPLX LP.

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When determining whether MPLX LP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MPLX LP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mplx Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mplx Lp Stock:
Check out Macroaxis Advice on MPLX LP to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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The data published in MPLX LP's official financial statements usually reflect MPLX LP's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of MPLX LP. For example, before you start analyzing numbers published by MPLX accountants, it's critical to develop an understanding of what MPLX LP's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of MPLX LP's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MPLX LP's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in MPLX LP's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MPLX LP. Please utilize our Beneish M Score to check the likelihood of MPLX LP's management manipulating its earnings.