Equities research analysts predict that STMicroelectronics NV (NYSE:STM) will report $0.14 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for STMicroelectronics NV’s earnings, with the lowest EPS estimate coming in at $0.11 and the highest estimate coming in at $0.18. STMicroelectronics NV posted earnings per share of ($0.02) during the same quarter last year, which indicates a positive year over year growth rate of 800%. The business is expected to issue its next earnings results before the market opens on Thursday, April 27th.

On average, analysts expect that STMicroelectronics NV will report full year earnings of $0.74 per share for the current financial year, with EPS estimates ranging from $0.63 to $0.85. For the next financial year, analysts anticipate that the company will post earnings of $0.90 per share, with EPS estimates ranging from $0.67 to $1.02. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that cover STMicroelectronics NV.

STMicroelectronics NV (NYSE:STM) last issued its quarterly earnings data on Thursday, January 26th. The semiconductor producer reported $0.13 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.13. The firm earned $1.86 billion during the quarter, compared to the consensus estimate of $1.85 billion. STMicroelectronics NV had a return on equity of 5.37% and a net margin of 2.37%. STMicroelectronics NV’s revenue was up 11.5% on a year-over-year basis.

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Several research firms have recently commented on STM. Royal Bank of Canada reissued a “sector perform” rating on shares of STMicroelectronics NV in a research note on Thursday, March 16th. Barclays PLC raised STMicroelectronics NV from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, February 22nd. Craig Hallum reissued a “buy” rating and issued a $15.00 target price (up from $11.00) on shares of STMicroelectronics NV in a research note on Saturday, January 28th. Credit Suisse Group AG raised STMicroelectronics NV from an “underperform” rating to a “neutral” rating in a research note on Friday, January 27th. Finally, JPMorgan Chase & Co. raised STMicroelectronics NV from an “underweight” rating to a “neutral” rating in a research note on Friday, January 27th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. STMicroelectronics NV presently has a consensus rating of “Hold” and an average target price of $13.00.

Several large investors have recently made changes to their positions in STM. Quadrant Capital Group LLC boosted its stake in shares of STMicroelectronics NV by 388.3% in the first quarter. Quadrant Capital Group LLC now owns 8,672 shares of the semiconductor producer’s stock worth $131,000 after buying an additional 6,896 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of STMicroelectronics NV by 20.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,607 shares of the semiconductor producer’s stock worth $119,000 after buying an additional 1,771 shares during the period. Tyers Asset Management LLC bought a new stake in shares of STMicroelectronics NV during the fourth quarter worth approximately $123,000. Gideon Capital Advisors Inc. bought a new stake in shares of STMicroelectronics NV during the fourth quarter worth approximately $129,000. Finally, Raymond James Financial Services Advisors Inc. bought a new stake in shares of STMicroelectronics NV during the fourth quarter worth approximately $133,000. 3.07% of the stock is owned by institutional investors and hedge funds.

STMicroelectronics NV (NYSE:STM) opened at 14.58 on Thursday. The company’s 50-day moving average price is $15.31 and its 200-day moving average price is $11.98. The company has a market capitalization of $12.88 billion, a P/E ratio of 77.97 and a beta of 0.88. STMicroelectronics NV has a 52 week low of $5.24 and a 52 week high of $16.01.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 28th. Investors of record on Tuesday, March 21st were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, March 17th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.65%. STMicroelectronics NV’s dividend payout ratio (DPR) is presently 105.27%.

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STMicroelectronics NV Company Profile

STMicroelectronics N.V. is a global semiconductor company that designs, develops, manufactures and markets a range of products, including discrete and standard commodity components, and application-specific integrated circuits (ASICs) for analog, digital and mixed-signal applications. The Company’s segments include Automotive and Discrete Group (ADG), Analog and MEMS Group (AMG), Microcontrollers and Digital ICs Group (MDG), and Others.

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