Q1 EPS Estimate for STMicroelectronics Lowered by Analyst

STMicroelectronics (NYSE:STM) – William Blair cut their Q1 2025 earnings estimates for STMicroelectronics in a research report issued on Monday, February 3rd. William Blair analyst J. Dorsheimer now forecasts that the semiconductor producer will post earnings of $0.05 per share for the quarter, down from their prior forecast of $0.18. The consensus estimate for STMicroelectronics’ current full-year earnings is $1.04 per share. William Blair also issued estimates for STMicroelectronics’ FY2025 earnings at $0.95 EPS and FY2026 earnings at $1.49 EPS.

STMicroelectronics (NYSE:STM) last released its quarterly earnings results on Thursday, January 30th. The semiconductor producer reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02. STMicroelectronics had a net margin of 11.74% and a return on equity of 8.92%.

A number of other brokerages have also commented on STM. Sanford C. Bernstein lowered STMicroelectronics from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $33.00 to $26.00 in a report on Wednesday. Craig Hallum reduced their price objective on shares of STMicroelectronics from $42.00 to $36.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Citigroup raised STMicroelectronics to a “strong-buy” rating in a research report on Thursday, October 10th. Barclays lowered STMicroelectronics from an “equal weight” rating to an “underweight” rating in a report on Wednesday, January 22nd. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of STMicroelectronics in a report on Monday, December 9th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, STMicroelectronics has an average rating of “Hold” and a consensus price target of $31.26.

STMicroelectronics Price Performance

NYSE STM opened at $22.73 on Thursday. STMicroelectronics has a fifty-two week low of $21.36 and a fifty-two week high of $49.05. The stock’s 50-day moving average is $25.03 and its two-hundred day moving average is $27.61. The firm has a market cap of $20.53 billion, a P/E ratio of 13.69, a price-to-earnings-growth ratio of 0.76 and a beta of 1.51. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.11 and a quick ratio of 2.37.

Hedge Funds Weigh In On STMicroelectronics

A number of hedge funds have recently made changes to their positions in the business. Creative Planning increased its stake in STMicroelectronics by 10.9% in the third quarter. Creative Planning now owns 66,113 shares of the semiconductor producer’s stock valued at $1,966,000 after acquiring an additional 6,509 shares during the period. Washington Capital Management Inc. bought a new stake in shares of STMicroelectronics in the 3rd quarter valued at approximately $1,112,000. Naviter Wealth LLC raised its holdings in shares of STMicroelectronics by 25.5% in the 3rd quarter. Naviter Wealth LLC now owns 13,945 shares of the semiconductor producer’s stock worth $416,000 after buying an additional 2,833 shares in the last quarter. Inspire Advisors LLC lifted its position in shares of STMicroelectronics by 21.5% during the 3rd quarter. Inspire Advisors LLC now owns 15,760 shares of the semiconductor producer’s stock worth $469,000 after buying an additional 2,790 shares during the period. Finally, Blue Trust Inc. boosted its stake in STMicroelectronics by 65.2% in the 3rd quarter. Blue Trust Inc. now owns 9,668 shares of the semiconductor producer’s stock valued at $287,000 after buying an additional 3,814 shares in the last quarter. Institutional investors and hedge funds own 5.05% of the company’s stock.

STMicroelectronics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Tuesday, March 25th. STMicroelectronics’s dividend payout ratio (DPR) is presently 18.67%.

STMicroelectronics Company Profile

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.