Stocks of NXP Semiconductors N.V. (NASDAQ:NXPI) traded higher last session on Wall Street, down -3.62% to $193.82.
According to the data, NXP Semiconductors N.V. (NASDAQ:NXPI) has 29 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $260.00 and a low of $200.00, we find $240.00. Given the previous closing price of $201.10, this indicates a potential upside of 19.34 percent. NXPI stock price is now -6.59% away from the 50-day moving average and 6.65% away from the 200-day moving average. The market capitalization of the company currently stands at $49.45B.
A total of 15 analysts have issued a hold rating and 13 have given it a buy rating. Brokers who have rated the stock have averaged $235.71 as their price target over the next twelve months.
In other news, Southern Julie, Chair bought 203 shares of the company’s stock on Aug 02. The stock was bought for $44,268 at an average price of $218.07. Upon completion of the transaction, the Chair now directly owns 10,540 shares in the company, valued at $2.04 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 01, CEO & President Sievers Kurt sold 20,890 shares of the business’s stock. A total of $4,666,826 was realized by selling the stock at an average price of $223.40. This leaves the insider owning 156,457 shares of the company worth $30.32 million. Insiders disposed of 81,776 shares of company stock worth roughly $15.85 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in NXPI stock. A new stake in NXP Semiconductors N.V. shares was purchased by CLARK CAPITAL MANAGEMENT GROUP, INC. during the first quarter worth $45,332,000. HOLOCENE ADVISORS, LP invested $25,886,000 in shares of NXPI during the first quarter. In the first quarter, WALLEYE CAPITAL LLC acquired a new stake in NXP Semiconductors N.V. valued at approximately $14,966,000. UNISUPER MANAGEMENT PTY LTD acquired a new stake in NXPI for approximately $12,749,000. SANDLER CAPITAL MANAGEMENT purchased a new stake in NXPI valued at around $10,788,000 in the second quarter. In total, there are 1,462 active investors with 94.10% ownership of the company’s stock.
Thursday’s opening bell rang with an opening price of $203.27 for NXP Semiconductors N.V. (NASDAQ: NXPI). During the past 12 months, NXP Semiconductors N.V. has had a low of $132.08 and a high of $225.57. As of last week, the company has a debt-to-equity ratio of 1.37, a current ratio of 1.80, and a quick ratio of 1.30. According to the stock market information, the enterprise value for the company is $59.15B, which is based on a 18.33 price-to-earnings ratio, a 2.34 price-to-earnings-growth ratio, and a beta of 1.58. The fifty day moving average price for NXPI is $207.44 and a two-hundred day moving average price translates $181.95 for the stock.
The latest earnings results from NXP Semiconductors N.V. (NASDAQ: NXPI) was released for Jul, 2023. According to the Semiconductors Company, earnings per share came in at $3.43, beating analysts’ expectations of $3.29 by 0.14. This compares to $2.58 EPS in the same period last year. The net profit margin was 21.00% and return on equity was 36.20% for NXPI. The company reported revenue of $3.3 billion for the quarter, compared to $3.31 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.39 percent. For the current quarter, analysts expect NXPI to generate $3.4B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 07/06/2023. Investors who held shares on 06/14/2023 were paid a $1.014 dividend. On an annualized basis, this represents a $4.06 dividend and a 2.09% percent yield. There was an ex-dividend date of 06/13/2023 for this dividend. In terms of dividend payout ratio, NXPI is presently at 34.90%.
NXP Semiconductors N.V.(NXPI) Company Profile
NXP Semiconductors N.V. offers various semiconductor products. The company’s product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors. The company’s products are used in various applications, including automotive, industrial and Internet of Things, mobile, and communication infrastructure. The company markets its products to various original equipment manufacturers, contract manufacturers, and distributors. It operates in China, the Netherlands, the United States, Singapore, Germany, Japan, South Korea, Taiwan, and internationally. The company was formerly known as KASLION Acquisition B.V and changed its name to NXP Semiconductors N.V. in May 2010. NXP Semiconductors N.V. was incorporated in 2006 and is headquartered in Eindhoven, the Netherlands.
