NXP Semiconductors Sets New 1-Year High at $41.02 (NXPI)
NXP Semiconductors (NASDAQ:NXPI)’s share price reached a new 52-week high during mid-day trading on Thursday, AnalystRatingsNetwork.com reports. The stock traded as high as $41.02 and last traded at $39.40, with a volume of 10,866,939 shares traded. The stock had previously closed at $36.03.
NXPI has been the subject of a number of recent research reports. Analysts at Sterne Agee reiterated a “buy” rating on shares of NXP Semiconductors in a research note to investors on Wednesday. They now have a $45.00 price target on the stock. Separately, analysts at Raymond James raised their price target on shares of NXP Semiconductors from $39.00 to $43.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Finally, 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. One investment analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $41.35.
NXP Semiconductors has a 52 week low of $20.57 and a 52 week high of $38.08. The stock has a 50-day moving average of $36.1 and a 200-day moving average of $31.6. The company has a market cap of $9.815 billion and a P/E ratio of 95.32.
NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.85 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.81 by $0.04. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.26 billion. On average, analysts predict that NXP Semiconductors will post $3.04 earnings per share for the current fiscal year.
NXP Semiconductors N.V. (NASDAQ:NXPI) is a global semiconductor company and a supplier.
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