Recent Research Analysts’ Ratings Changes for NXP Semiconductors (NXPI)

Several brokerages have updated their recommendations and price targets on shares of NXP Semiconductors (NASDAQ: NXPI) in the last few weeks:

  • 2/8/2018 – NXP Semiconductors had its “hold” rating reaffirmed by analysts at Mizuho. They now have a $110.00 price target on the stock. They wrote, “We are adjusting our MarQ rev/EPS from $2.3B/$1.68 to $2.4B/$1.74, F18E from $9.7B/$7.51 to $10.0B/$7.74 and F19E from $10.2B/$8.09 to $10.5B/$8.43. Maintaining our Neutral and $110 PT, ~14.2x our F18E EPS (QCOM pending offer). We believe a combined QCOM +NXPI could drive ~$1.75-1.80 in accretion for QCOMs C18E (Dec’18), with combined EPS of ~$4.93 (prior $4.87) based on our estimated QCOM C18E EPS of $3.17. NXPI expects the QCOM acquisition to close early 2018″ pending the last MOFCOM approval and a final tender offer. No guidance or conference call pending QCOM acquisition.””
  • 2/8/2018 – NXP Semiconductors was given a new $125.00 price target on by analysts at Sanford C. Bernstein. They now have a “hold” rating on the stock.
  • 2/5/2018 – NXP Semiconductors was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 2/1/2018 – NXP Semiconductors had its “strong-buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $130.00 price target on the stock, up previously from $110.00. They wrote, “While we have stated that the initial spread didn’t make sense, we now believe that NXPI’s value to QCOM is at least $130 (our new stand- alone PT) for three fundamental reasons: 1) the overall financial picture has improved significantly with at least of $8 of earnings in CY19; 2) NXPI has lagged the rest of the semiconductor market both in terms of stock price and valuation expansion – we believe NXPI’s valuation multiple along with its stock price should catch up with its peers; 3) QCOM needs NXPI. In our view NXPI, with crucial automotive assets, represents a clear interest in the auto market. Our new $130 PT represents 16.2x P/E on our CY19 EPS estimate vs. a comps avg. of 17.3x. As a result, we expect QCOM will need to pay at least $130 per share to close the acquisition.””
  • 2/1/2018 – NXP Semiconductors was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe. “
  • 1/26/2018 – NXP Semiconductors was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe. “
  • 1/26/2018 – NXP Semiconductors was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 1/10/2018 – NXP Semiconductors was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 12/26/2017 – NXP Semiconductors was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe. “
  • 12/23/2017 – NXP Semiconductors was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $131.00 price target on the stock. According to Zacks, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe. “

Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) opened at $115.78 on Monday. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.22 and a quick ratio of 1.77. The stock has a market capitalization of $39,252.78, a PE ratio of 18.06, a price-to-earnings-growth ratio of 0.85 and a beta of 0.72. NXP Semiconductors N.V. has a 12-month low of $101.75 and a 12-month high of $121.50.

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.

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