NXP Semiconductors NV (NASDAQ:NXPI) has been given a consensus recommendation of “Buy” by the thirty-one research firms that are currently covering the stock. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, twenty-seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $105.50.
A number of equities research analysts have issued reports on the company. Jefferies Group reiterated a “buy” rating and issued a $130.00 price target on shares of NXP Semiconductors NV in a research note on Tuesday, June 28th. Vetr upgraded NXP Semiconductors NV from a “buy” rating to a “strong-buy” rating and set a $101.75 price target for the company in a research note on Monday, June 6th. TheStreet upgraded NXP Semiconductors NV from a “hold” rating to a “buy” rating in a research note on Monday, August 15th. JPMorgan Chase & Co. raised their price objective on NXP Semiconductors NV from $97.00 to $98.00 and gave the company a “neutral” rating in a research report on Friday, July 29th. Finally, Summit Redstone restated a “buy” rating and set a $91.00 price objective on shares of NXP Semiconductors NV in a research report on Wednesday, July 20th.
Large investors have recently bought and sold shares of the company. Arrowgrass Capital Partners US LP bought a new stake in NXP Semiconductors NV during the first quarter valued at approximately $25,618,000. Strs Ohio increased its stake in NXP Semiconductors NV by 36.2% in the second quarter. Strs Ohio now owns 342,348 shares of the semiconductor provider’s stock valued at $26,819,000 after buying an additional 90,900 shares during the last quarter. Calamos Advisors LLC increased its stake in NXP Semiconductors NV by 685.1% in the second quarter. Calamos Advisors LLC now owns 416,080 shares of the semiconductor provider’s stock valued at $32,596,000 after buying an additional 363,080 shares during the last quarter. Jericho Capital Asset Management L.P. bought a new stake in NXP Semiconductors NV during the first quarter valued at approximately $31,131,000. Finally, Financial Counselors Inc. increased its stake in NXP Semiconductors NV by 53.2% in the second quarter. Financial Counselors Inc. now owns 28,640 shares of the semiconductor provider’s stock valued at $2,244,000 after buying an additional 9,947 shares during the last quarter. Institutional investors and hedge funds own 85.49% of the company’s stock.
Shares of NXP Semiconductors NV (NASDAQ:NXPI) opened at 102.01 on Tuesday. The company has a market capitalization of $25.68 billion, a PE ratio of 33.06 and a beta of 1.70. The stock has a 50 day moving average price of $86.60 and a 200 day moving average price of $84.93. NXP Semiconductors NV has a 52-week low of $61.61 and a 52-week high of $104.64.
NXP Semiconductors NV (NASDAQ:NXPI) last posted its quarterly earnings data on Wednesday, July 27th. The semiconductor provider reported $1.39 EPS for the quarter, topping the consensus estimate of $1.35 by $0.04. The firm earned $2.37 billion during the quarter, compared to analyst estimates of $2.35 billion. NXP Semiconductors NV had a return on equity of 14.34% and a net margin of 11.95%. NXP Semiconductors NV’s revenue was up 57.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.44 EPS. On average, analysts predict that NXP Semiconductors NV will post $5.75 earnings per share for the current fiscal year.
About NXP Semiconductors NV
NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company and a long-standing supplier. The Company provides high performance mixed signal and standard product solutions. The Company’s segments include High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other.
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