NXP Semiconductors (NXPI) Scheduled to Post Earnings on Monday

NXP Semiconductors (NASDAQ:NXPI) is scheduled to be posting its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect NXP Semiconductors to post earnings of $3.03 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

NXP Semiconductors Price Performance

NASDAQ NXPI opened at $243.16 on Monday. The company has a market cap of $62.17 billion, a PE ratio of 22.45, a P/E/G ratio of 2.50 and a beta of 1.49. The firm’s 50 day moving average price is $238.37 and its 200-day moving average price is $252.74. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.52 and a current ratio of 2.21. NXP Semiconductors has a 52-week low of $167.21 and a 52-week high of $296.08.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Thursday, September 12th. This represents a $4.06 annualized dividend and a yield of 1.67%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 37.40%.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 3,500 shares of the firm’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $232.35, for a total value of $813,225.00. Following the transaction, the executive vice president now owns 30,269 shares in the company, valued at approximately $7,033,002.15. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, EVP Jennifer Wuamett sold 3,500 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total transaction of $813,225.00. Following the completion of the sale, the executive vice president now owns 30,269 shares of the company’s stock, valued at approximately $7,033,002.15. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Julie Southern bought 146 shares of the firm’s stock in a transaction on Tuesday, July 30th. The stock was acquired at an average cost of $257.54 per share, for a total transaction of $37,600.84. Following the completion of the purchase, the insider now directly owns 11,297 shares in the company, valued at approximately $2,909,429.38. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.11% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on NXPI shares. UBS Group upgraded NXP Semiconductors from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $275.00 to $285.00 in a research note on Monday, October 7th. Morgan Stanley reduced their price objective on shares of NXP Semiconductors from $275.00 to $271.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 24th. Mizuho set a $290.00 target price on shares of NXP Semiconductors in a research note on Friday, October 18th. The Goldman Sachs Group cut their price target on shares of NXP Semiconductors from $285.00 to $277.00 in a report on Friday, October 11th. Finally, StockNews.com lowered NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and an average target price of $288.90.

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.