NXP Semiconductors NV Reaches New 12-Month High at $67.66 (NXPI)
NXP Semiconductors NV (NASDAQ:NXPI) hit a new 52-week high on Tuesday , Analyst RN reports. The stock traded as high as $67.66 and last traded at $67.36, with a volume of 1,418,954 shares traded. The stock had previously closed at $66.18.
A number of research firms have recently commented on NXPI. Analysts at Pacific Crest raised their price target on shares of NXP Semiconductors NV from $72.00 to $80.00 in a research note on Monday, June 23rd. They now have an “outperform” rating on the stock. Separately, analysts at FBR Capital Markets initiated coverage on shares of NXP Semiconductors NV in a research note on Thursday, June 12th. They set an “outperform” rating and a $76.00 price target on the stock. Finally, analysts at Zacks downgraded shares of NXP Semiconductors NV from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 29th. They now have a $65.80 price target on the stock. Three analysts have rated the stock with a hold rating, twelve have given a buy rating and three have given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $65.93.
The stock’s 50-day moving average is $62.74 and its 200-day moving average is $55.67. The company has a market cap of $16.905 billion and a P/E ratio of 35.99.
NXP Semiconductors NV (NASDAQ:NXPI) last announced its earnings results on Wednesday, April 23rd. The company reported $0.87 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.91 by $0.04. On average, analysts predict that NXP Semiconductors NV will post $4.40 earnings per share for the current fiscal year.
NXP Semiconductors N.V. (NASDAQ:NXPI) is a holding company.
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