Shares of STMicroelectronics (NYSE:STM – Get Free Report) have received an average rating of “Hold” from the fifteen brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, nine have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $31.97.
STM has been the subject of a number of research analyst reports. Dbs Bank downgraded STMicroelectronics from a “strong-buy” rating to a “hold” rating in a report on Monday, April 28th. Jefferies Financial Group upgraded STMicroelectronics from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of STMicroelectronics in a research note on Friday, April 25th. Finally, TD Cowen boosted their price objective on STMicroelectronics from $23.00 to $30.00 and gave the company a “hold” rating in a research note on Friday.
View Our Latest Analysis on STM
Institutional Investors Weigh In On STMicroelectronics
STMicroelectronics Stock Performance
Shares of STM opened at $29.20 on Wednesday. The stock has a 50 day moving average price of $24.15 and a 200 day moving average price of $24.42. The company has a quick ratio of 2.37, a current ratio of 3.11 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $26.23 billion, a price-to-earnings ratio of 17.59, a price-to-earnings-growth ratio of 1.16 and a beta of 1.56. STMicroelectronics has a 52-week low of $17.25 and a 52-week high of $43.35.
STMicroelectronics (NYSE:STM – Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The semiconductor producer reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. The firm had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.55 billion. STMicroelectronics had a return on equity of 8.92% and a net margin of 11.74%. Research analysts predict that STMicroelectronics will post 0.85 EPS for the current fiscal year.
STMicroelectronics Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Tuesday, March 24th. STMicroelectronics’s dividend payout ratio (DPR) is presently 25.42%.
About STMicroelectronics
STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.
See Also
- Five stocks we like better than STMicroelectronics
- NYSE Stocks Give Investors a Variety of Quality Options
- IBM Up 10 Days in a Row: What’s Driving the Winning Streak?
- What is a Microcap Stock? Everything You Need to Know
- Upstart Stock’s Bull Case Just Got a Lot Stronger
- Stock Splits, Do They Really Impact Investors?
- Higher Gulf Oil Output Puts These Energy Names in Play
Receive News & Ratings for STMicroelectronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STMicroelectronics and related companies with MarketBeat.com's FREE daily email newsletter.