NXP Semiconductors N.V. (NASDAQ:NXPI) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) have been given a consensus rating of “Moderate Buy” by the eighteen research firms that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $246.22.

A number of analysts have commented on the company. Evercore ISI reiterated an “outperform” rating and issued a $289.00 price objective (up previously from $237.00) on shares of NXP Semiconductors in a research report on Thursday, June 12th. Morgan Stanley set a $229.00 price objective on shares of NXP Semiconductors in a research note on Monday, April 21st. Wells Fargo & Company upped their target price on shares of NXP Semiconductors from $240.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, June 16th. Citigroup dropped their target price on NXP Semiconductors from $290.00 to $220.00 and set a “buy” rating for the company in a report on Friday, April 11th. Finally, TD Cowen boosted their price target on NXP Semiconductors from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, April 30th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Sowell Financial Services LLC bought a new stake in NXP Semiconductors in the 1st quarter valued at $320,000. Dynamic Advisor Solutions LLC grew its holdings in shares of NXP Semiconductors by 15.2% during the first quarter. Dynamic Advisor Solutions LLC now owns 5,281 shares of the semiconductor provider’s stock worth $1,004,000 after buying an additional 698 shares in the last quarter. Farther Finance Advisors LLC raised its position in NXP Semiconductors by 133.5% in the 1st quarter. Farther Finance Advisors LLC now owns 2,153 shares of the semiconductor provider’s stock valued at $409,000 after buying an additional 1,231 shares during the last quarter. BDF Gestion acquired a new position in NXP Semiconductors during the 1st quarter worth approximately $1,152,000. Finally, GAMMA Investing LLC grew its stake in shares of NXP Semiconductors by 41.2% during the 1st quarter. GAMMA Investing LLC now owns 3,072 shares of the semiconductor provider’s stock worth $584,000 after acquiring an additional 896 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Up 4.5%

NXP Semiconductors stock opened at $231.15 on Thursday. The firm has a fifty day moving average price of $204.09 and a two-hundred day moving average price of $204.74. NXP Semiconductors has a fifty-two week low of $148.09 and a fifty-two week high of $296.08. The firm has a market cap of $58.40 billion, a price-to-earnings ratio of 25.18, a P/E/G ratio of 2.76 and a beta of 1.40. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.09 and a quick ratio of 1.47.

NXP Semiconductors (NASDAQ:NXPI) last released its earnings results on Monday, April 28th. The semiconductor provider reported $2.64 EPS for the quarter, beating the consensus estimate of $2.59 by $0.05. NXP Semiconductors had a net margin of 19.16% and a return on equity of 29.62%. The firm had revenue of $2.84 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same period in the prior year, the company earned $3.24 EPS. The business’s quarterly revenue was down 9.3% compared to the same quarter last year. As a group, analysts forecast that NXP Semiconductors will post 10.28 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Wednesday, June 25th will be paid a dividend of $1.014 per share. The ex-dividend date of this dividend is Wednesday, June 25th. This represents a $4.06 dividend on an annualized basis and a yield of 1.75%. NXP Semiconductors’s payout ratio is 44.23%.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.