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MP Materials (MP)

(Delayed Data from NYSE)

$11.14 USD

11.14
2,872,053

+0.17 (1.55%)

Updated Aug 9, 2024 04:00 PM ET

After-Market: $11.16 +0.02 (0.18%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value F Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 36% (161 out of 250)

Industry: Mining - Miscellaneous

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Better trading starts here.

Balance Sheet

Research for MP

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for MP Materials Corp falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 998 1,182 1,179 520 3
Receivables 29 35 51 4 0
Notes Receivable 0 0 0 0 0
Inventories 95 58 39 32 23
Other Current Assets 9 19 8 6 1
Total Current Assets 1,131 1,294 1,277 561 27
Net Property & Equipment 1,158 936 611 502 46
Investments & Advances 10 0 0 0 0
Other Non-Current Assets 13 6 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 9 0 0 0 0
Deposits & Other Assets 5 2 1 10 27
Total Assets 2,336 2,238 1,890 1,074 102
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 102 72 36 16 14
Current Portion Long-Term Debt 0 0 16 24 4
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 21 3 0 0
Other Current Liabilities 7 4 4 2 12
Total Current Liabilities 109 97 60 43 31
Mortgages 0 0 0 0 0
Deferred Taxes/Income 131 122 105 87 29
Convertible Debt 0 0 0 0 0
Long-Term Debt 682 678 675 45 14
Non-Current Capital Leases 0 0 1 1 0
Other Non-Current Liabilities 43 27 41 44 46
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 971 925 881 220 120
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 980 951 936 916 23
Retained Earnings 386 361 72 -63 -41
Other Equity 0 0 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 1,366 1,313 1,009 854 -18
Total Liabilities & Shareholder's Equity 2,336 2,238 1,890 1,074 102
Total Common Equity 1,366 1,313 1,009 854 -18
Shares Outstanding 178.08 177.71 177.80 170.70 NA
Book Value Per Share 7.67 7.39 5.67 5.00 0.00

Fiscal Year End for MP Materials Corp falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents 937 947 998 1,085 1,128
Receivables 28 41 29 17 15
Notes Receivable NA 0 0 0 0
Inventories 115 109 95 77 68
Other Current Assets 10 10 9 9 13
Total Current Assets 1,091 1,106 1,131 1,188 1,224
Net Property & Equipment 1,217 1,196 1,158 1,098 1,045
Investments & Advances 9 10 10 0 0
Other Non-Current Assets 17 15 13 13 7
Deferred Charges NA 0 0 0 0
Intangibles 8 9 9 9 0
Deposits & Other Assets 13 9 5 4 3
Total Assets 2,364 2,354 2,336 2,322 2,289
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable 95 100 102 92 72
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities 63 7 7 4 4
Total Current Liabilities 158 108 109 97 76
Mortgages NA 0 0 0 0
Deferred Taxes/Income 108 122 131 135 136
Convertible Debt NA 0 0 0 0
Long-Term Debt 937 936 682 681 680
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 47 43 26 26
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 1,255 1,216 971 946 925
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 944 938 980 974 959
Retained Earnings 368 402 386 402 406
Other Equity 0 0 0 0 0
Treasury Stock 203 203 0 0 0
Total Shareholder's Equity 1,109 1,138 1,366 1,376 1,365
Total Liabilities & Shareholder's Equity 2,364 2,354 2,336 2,322 2,289
Total Common Equity 101,108 1,138 1,366 1,376 1,365
Shares Outstanding 165.32 165.31 178.00 177.80 177.60
Book Value Per Share 611.59 6.88 7.67 7.74 7.69