NXP Semiconductors NV (NASDAQ:NXPI)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank AG in a report issued on Friday. They presently have a $110.00 target price on the semiconductor provider’s stock. Deutsche Bank AG’s target price would suggest a potential upside of 7.05% from the company’s previous close.
NXPI has been the topic of several other reports. Jefferies Group reaffirmed a “buy” rating and issued a $130.00 target price on shares of NXP Semiconductors NV in a report on Tuesday, June 28th. Vetr raised NXP Semiconductors NV from a “buy” rating to a “strong-buy” rating and set a $101.75 target price on the stock in a report on Monday, June 6th. TheStreet raised NXP Semiconductors NV from a “hold” rating to a “buy” rating in a report on Monday, August 15th. JPMorgan Chase & Co. lifted their target price on NXP Semiconductors NV from $97.00 to $98.00 and gave the stock a “neutral” rating in a report on Friday, July 29th. Finally, Summit Redstone reaffirmed a “buy” rating and issued a $91.00 target price on shares of NXP Semiconductors NV in a report on Wednesday, July 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty-six have issued a buy rating and two have given a strong buy rating to the company. NXP Semiconductors NV presently has an average rating of “Buy” and an average price target of $105.87.
NXP Semiconductors NV (NASDAQ:NXPI) opened at 102.76 on Friday. NXP Semiconductors NV has a 1-year low of $61.61 and a 1-year high of $105.00. The stock has a 50 day moving average price of $87.08 and a 200-day moving average price of $85.16. The stock has a market cap of $25.87 billion, a PE ratio of 33.30 and a beta of 1.62.
NXP Semiconductors NV (NASDAQ:NXPI) last issued its earnings results on Wednesday, July 27th. The semiconductor provider reported $1.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.35 by $0.04. NXP Semiconductors NV had a return on equity of 14.34% and a net margin of 11.95%. The firm had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.35 billion. During the same period in the previous year, the firm posted $1.44 earnings per share. The business’s revenue was up 57.0% compared to the same quarter last year. On average, equities analysts expect that NXP Semiconductors NV will post $5.75 EPS for the current year.
A number of hedge funds have recently bought and sold shares of the company. MCF Advisors LLC raised its stake in NXP Semiconductors NV by 542.2% in the second quarter. MCF Advisors LLC now owns 1,445 shares of the semiconductor provider’s stock worth $113,000 after buying an additional 1,220 shares in the last quarter. J.Safra Asset Management Corp bought a new stake in NXP Semiconductors NV during the second quarter worth $114,000. Coconut Grove Bank raised its stake in NXP Semiconductors NV by 5.7% in the second quarter. Coconut Grove Bank now owns 1,474 shares of the semiconductor provider’s stock worth $115,000 after buying an additional 80 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in NXP Semiconductors NV by 21.7% in the second quarter. Parkside Financial Bank & Trust now owns 1,650 shares of the semiconductor provider’s stock worth $129,000 after buying an additional 294 shares in the last quarter. Finally, Johnson Financial Group Inc. raised its stake in NXP Semiconductors NV by 260.4% in the second quarter. Johnson Financial Group Inc. now owns 1,831 shares of the semiconductor provider’s stock worth $143,000 after buying an additional 1,323 shares in the last quarter. Institutional investors own 85.49% of the company’s stock.
NXP Semiconductors NV Company Profile
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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