Analysts Set NXP Semiconductors (NASDAQ:NXPI) PT at $274.14

Shares of NXP Semiconductors (NASDAQ:NXPI) have earned a consensus recommendation of “Moderate Buy” from the twenty ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $273.19.

A number of analysts have recently weighed in on the company. StockNews.com raised NXP Semiconductors from a “hold” rating to a “buy” rating in a research report on Thursday, January 2nd. Oppenheimer cut their price objective on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Evercore ISI cut their price objective on NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. TD Cowen cut their price objective on NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a research report on Friday, November 8th. Finally, Citic Securities assumed coverage on NXP Semiconductors in a report on Friday, October 11th. They issued a $288.00 target price on the stock.

NXP Semiconductors Trading Down 1.4 %

Shares of NXP Semiconductors stock opened at $206.75 on Thursday. The stock has a market cap of $52.55 billion, a P/E ratio of 19.73, a P/E/G ratio of 4.37 and a beta of 1.47. The stock’s 50 day simple moving average is $219.62 and its 200-day simple moving average is $238.12. NXP Semiconductors has a 1-year low of $201.58 and a 1-year high of $296.08. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.35 and a quick ratio of 1.60.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, beating analysts’ consensus estimates of $3.43 by $0.02. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The firm had revenue of $3.25 billion for the quarter, compared to analysts’ expectations of $3.25 billion. During the same period in the prior year, the firm posted $3.31 earnings per share. The firm’s quarterly revenue was down 5.4% on a year-over-year basis. Analysts predict that NXP Semiconductors will post 11.33 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were issued a $1.014 dividend. The ex-dividend date was Thursday, December 5th. This represents a $4.06 dividend on an annualized basis and a yield of 1.96%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 38.65%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. State Street Corp increased its stake in shares of NXP Semiconductors by 1.3% during the 3rd quarter. State Street Corp now owns 10,675,415 shares of the semiconductor provider’s stock worth $2,572,694,000 after purchasing an additional 139,641 shares in the last quarter. Geode Capital Management LLC grew its stake in NXP Semiconductors by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 5,145,932 shares of the semiconductor provider’s stock worth $1,231,533,000 after acquiring an additional 57,762 shares during the period. Franklin Resources Inc. boosted its holdings in shares of NXP Semiconductors by 2.1% in the 3rd quarter. Franklin Resources Inc. now owns 4,459,689 shares of the semiconductor provider’s stock valued at $1,063,322,000 after purchasing an additional 93,129 shares during the last quarter. Van ECK Associates Corp boosted its holdings in shares of NXP Semiconductors by 67.2% in the 3rd quarter. Van ECK Associates Corp now owns 3,041,129 shares of the semiconductor provider’s stock valued at $718,680,000 after purchasing an additional 1,222,736 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in shares of NXP Semiconductors by 0.7% in the 3rd quarter. Janus Henderson Group PLC now owns 2,730,933 shares of the semiconductor provider’s stock valued at $655,453,000 after purchasing an additional 20,145 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

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.