NXP Semiconductors (NASDAQ:NXPI – Free Report) – Investment analysts at Cantor Fitzgerald raised their FY2025 EPS estimates for NXP Semiconductors in a research note issued on Wednesday, February 5th. Cantor Fitzgerald analyst C. Muse now forecasts that the semiconductor provider will earn $10.49 per share for the year, up from their previous forecast of $10.43. Cantor Fitzgerald has a “Overweight” rating and a $250.00 price target on the stock. The consensus estimate for NXP Semiconductors’ current full-year earnings is $11.33 per share.
Several other brokerages have also commented on NXPI. TD Cowen decreased their price target on NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. The Goldman Sachs Group upgraded shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and reduced their target price for the company from $260.00 to $257.00 in a research note on Friday, January 10th. JPMorgan Chase & Co. dropped their target price on shares of NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating for the company in a research report on Wednesday. StockNews.com lowered shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Wednesday, January 29th. Finally, Needham & Company LLC dropped their price objective on shares of NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating for the company in a report on Wednesday. Six analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $263.15.
NXP Semiconductors Trading Down 1.8 %
NXPI stock opened at $212.93 on Friday. NXP Semiconductors has a 1-year low of $198.21 and a 1-year high of $296.08. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99. The business’s 50 day moving average is $214.22 and its 200-day moving average is $230.15. The firm has a market cap of $54.12 billion, a P/E ratio of 20.32, a P/E/G ratio of 3.14 and a beta of 1.46.
NXP Semiconductors Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were issued a $1.014 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 dividend on an annualized basis and a yield of 1.90%. NXP Semiconductors’s dividend payout ratio is presently 38.74%.
Hedge Funds Weigh In On NXP Semiconductors
Several hedge funds have recently added to or reduced their stakes in the stock. State Street Corp increased its stake in shares of NXP Semiconductors by 1.3% in the 3rd quarter. State Street Corp now owns 10,675,415 shares of the semiconductor provider’s stock valued at $2,572,694,000 after acquiring an additional 139,641 shares during the last quarter. Geode Capital Management LLC increased its stake in NXP Semiconductors by 1.1% in the third quarter. Geode Capital Management LLC now owns 5,145,932 shares of the semiconductor provider’s stock valued at $1,231,533,000 after purchasing an additional 57,762 shares in the last quarter. Franklin Resources Inc. raised its holdings in NXP Semiconductors by 2.1% in the third quarter. Franklin Resources Inc. now owns 4,459,689 shares of the semiconductor provider’s stock worth $1,063,322,000 after purchasing an additional 93,129 shares during the period. Van ECK Associates Corp boosted its position in shares of NXP Semiconductors by 27.1% during the fourth quarter. Van ECK Associates Corp now owns 3,865,446 shares of the semiconductor provider’s stock worth $803,432,000 after purchasing an additional 824,317 shares in the last quarter. Finally, Janus Henderson Group PLC grew 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 buying an additional 20,145 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.
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.
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