NXP Semiconductors NV (NASDAQ:NXPI) has earned a consensus recommendation of “Hold” from the twenty research firms that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $110.38.
Several equities research analysts have recently weighed in on NXPI shares. ValuEngine downgraded shares of NXP Semiconductors from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 26th. Deutsche Bank upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating and decreased their target price for the stock from $127.50 to $107.00 in a research note on Thursday, July 26th. Zacks Investment Research downgraded shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Tuesday, August 7th. Jefferies Financial Group upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating and set a $80.00 target price for the company in a research note on Friday, July 27th. Finally, Morgan Stanley decreased their target price on shares of NXP Semiconductors from $127.50 to $105.00 and set an “equal weight” rating for the company in a research note on Thursday, July 26th.
Large investors have recently made changes to their positions in the stock. American Century Companies Inc. acquired a new stake in shares of NXP Semiconductors during the 1st quarter valued at approximately $3,802,000. Victory Capital Management Inc. acquired a new stake in shares of NXP Semiconductors during the 1st quarter valued at approximately $650,000. Prudential Financial Inc. lifted its position in shares of NXP Semiconductors by 10.0% during the 1st quarter. Prudential Financial Inc. now owns 46,295 shares of the semiconductor provider’s stock valued at $5,417,000 after acquiring an additional 4,212 shares during the period. Schwab Charles Investment Management Inc. lifted its position in shares of NXP Semiconductors by 6.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 141,682 shares of the semiconductor provider’s stock valued at $16,577,000 after acquiring an additional 8,915 shares during the period. Finally, Synovus Financial Corp acquired a new stake in shares of NXP Semiconductors during the 1st quarter valued at approximately $101,000. Hedge funds and other institutional investors own 83.49% of the company’s stock.
Shares of NXPI traded down $0.49 during mid-day trading on Friday, hitting $93.40. 231,462 shares of the company’s stock were exchanged, compared to its average volume of 7,249,857. NXP Semiconductors has a fifty-two week low of $84.59 and a fifty-two week high of $125.93. The company has a market capitalization of $31.68 billion, a price-to-earnings ratio of 13.10, a price-to-earnings-growth ratio of 0.76 and a beta of 0.82. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.26 and a current ratio of 2.98.
NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Thursday, July 26th. The semiconductor provider reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.43 by ($0.33). NXP Semiconductors had a return on equity of 16.24% and a net margin of 10.35%. The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.36 billion. equities research analysts forecast that NXP Semiconductors will post 6.04 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 5th. Investors of record on Tuesday, September 25th will be given a $0.25 dividend. The ex-dividend date is Monday, September 24th. This represents a $1.00 dividend on an annualized basis and a yield of 1.07%.
About NXP Semiconductors
NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.
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