NXP Semiconductors (NXPI) Set to Announce Quarterly Earnings on Thursday
NXP Semiconductors (NASDAQ:NXPI) will be issuing its Q313 quarterly earnings data on Thursday, October 24th. Analysts expect the company to announce earnings of $0.81 per share and revenue of $1.26 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Shares of NXP Semiconductors (NASDAQ:NXPI) opened at 37.29 on Wednesday. NXP Semiconductors has a 1-year low of $20.57 and a 1-year high of $38.08. The stock’s 50-day moving average is $36.1 and its 200-day moving average is $31.6. The company has a market cap of $9.287 billion and a price-to-earnings ratio of 101.30.
NXPI has been the subject of a number of recent research reports. Analysts at Susquehanna raised their price target on shares of NXP Semiconductors from $40.00 to $45.00 in a research note to investors on Thursday, October 10th. They now have a “positive” rating on the stock. On a related note, analysts at Sterne Agee raised their price target on shares of NXP Semiconductors from $41.00 to $45.00 in a research note to investors on Wednesday, October 9th. They now have a “buy” rating on the stock. Finally, analysts at Zacks upgraded shares of NXP Semiconductors from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, October 7th. They now have a $41.70 price target on the stock. One research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $41.02.
NXP Semiconductors N.V. (NASDAQ:NXPI) is a global semiconductor company and a supplier.
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