ST Microelectronics (NYSE:STM) shares traded -1.69% lower at $31.97 on Wall Street last session.
STM stock price is now 17.68% away from the 50-day moving average and 24.57% away from the 200-day moving average. The market capitalization of the company currently stands at $28.32B.
With the price target enhanced from $23 to $30, TD Cowen maintained Hold rating for ST Microelectronics (NYSE: STM). On April 25, 2025, TD Cowen reiterated its ‘Hold’ rating on the stock by increasing its target price from $18 to quote $23, while ‘Jefferies’ rates the stock as ‘Buy’
A total of 0.00% of the company’s stock is owned by insiders.
During the past 12 months, ST Microelectronics has had a low of $17.25 and a high of $43.32. As of last week, the company has a debt-to-equity ratio of 0.16, a current ratio of 3.05, and a quick ratio of 2.24. According to the stock market information, the enterprise value for the company is $24567021568, which is based on a 27.30 price-to-earnings ratio, a 2.25 price-to-earnings-growth ratio, and a beta of 1.63. The fifty day moving average price for STM is $27.168 and a two-hundred day moving average price translates $25.6639 for the stock.
The latest earnings results from ST Microelectronics (NYSE: STM) was released for 2025-03-29. The net profit margin was 8.93% and return on equity was 6.32% for STM. The company reported revenue of $2.52 billion for the quarter, compared to $3.46 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -27.36 percent.
