Research Analysts Set Expectations for NXPI FY2024 Earnings

NXP Semiconductors (NASDAQ:NXPI) – Investment analysts at Zacks Research dropped their FY2024 earnings per share estimates for NXP Semiconductors in a research report issued to clients and investors on Monday, November 25th. Zacks Research analyst R. Department now forecasts that the semiconductor provider will earn $11.57 per share for the year, down from their prior forecast of $12.02. The consensus estimate for NXP Semiconductors’ current full-year earnings is $11.37 per share. Zacks Research also issued estimates for NXP Semiconductors’ Q4 2024 earnings at $2.79 EPS, Q1 2025 earnings at $2.35 EPS, Q2 2025 earnings at $2.52 EPS, Q3 2025 earnings at $3.02 EPS, Q4 2025 earnings at $3.29 EPS, FY2025 earnings at $11.17 EPS, Q1 2026 earnings at $2.72 EPS, Q2 2026 earnings at $3.28 EPS, Q3 2026 earnings at $3.47 EPS and FY2026 earnings at $12.87 EPS.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.43 by $0.02. The company had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.25 billion. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. NXP Semiconductors’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.31 EPS.

Several other research analysts have also issued reports on the company. StockNews.com lowered NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd. Wells Fargo & Company initiated coverage on NXP Semiconductors in a research note on Friday, November 22nd. They issued an “overweight” rating and a $250.00 target price on the stock. Mizuho set a $290.00 target price on shares of NXP Semiconductors in a research note on Friday, October 18th. Needham & Company LLC reduced their price target on shares of NXP Semiconductors from $300.00 to $250.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $270.00 price objective on shares of NXP Semiconductors in a report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $274.14.

NXP Semiconductors Price Performance

NXP Semiconductors stock opened at $226.53 on Thursday. The firm has a market capitalization of $57.57 billion, a PE ratio of 21.62, a price-to-earnings-growth ratio of 4.70 and a beta of 1.49. NXP Semiconductors has a 12-month low of $198.36 and a 12-month high of $296.08. The firm has a 50-day moving average price of $233.19 and a 200-day moving average price of $250.64. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99.

Institutional Trading of NXP Semiconductors

A number of hedge funds have recently bought and sold shares of NXPI. Franklin Resources Inc. lifted its position in NXP Semiconductors by 2.1% during the third quarter. Franklin Resources Inc. now owns 4,459,689 shares of the semiconductor provider’s stock worth $1,063,322,000 after buying an additional 93,129 shares in the last quarter. Tidal Investments LLC increased its stake in shares of NXP Semiconductors by 9.3% in the 3rd quarter. Tidal Investments LLC now owns 18,124 shares of the semiconductor provider’s stock worth $4,350,000 after acquiring an additional 1,542 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of NXP Semiconductors during the 3rd quarter worth $1,574,000. World Investment Advisors LLC boosted its position in shares of NXP Semiconductors by 2,103.4% during the 3rd quarter. World Investment Advisors LLC now owns 28,909 shares of the semiconductor provider’s stock valued at $6,938,000 after acquiring an additional 27,597 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in shares of NXP Semiconductors by 1.7% in the third quarter. Sanctuary Advisors LLC now owns 26,992 shares of the semiconductor provider’s stock valued at $6,111,000 after purchasing an additional 450 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.

Insider Buying and Selling

In other news, EVP Jennifer Wuamett sold 3,500 shares of the stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total value of $813,225.00. Following the completion of the sale, the executive vice president now directly owns 30,269 shares in the company, valued at $7,033,002.15. This represents a 10.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.11% of the stock is owned by insiders.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th will be given a dividend of $1.014 per share. The ex-dividend date is Thursday, December 5th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.79%. NXP Semiconductors’s dividend payout ratio (DPR) is 38.74%.

About NXP Semiconductors

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.