NXP Semiconductors (NASDAQ:NXPI) Receives Consensus Rating of “Moderate Buy” from Brokerages

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

Several equities analysts recently commented on NXPI shares. Oppenheimer reduced their target price on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Stifel Nicolaus lowered their price target on NXP Semiconductors from $275.00 to $260.00 and set a “hold” rating for the company in a research report on Thursday, October 17th. Loop Capital started coverage on NXP Semiconductors in a report on Monday, November 11th. They set a “buy” rating and a $300.00 target price on the stock. UBS Group cut their target price on NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $270.00 price target on shares of NXP Semiconductors in a report on Monday, November 4th.

NXP Semiconductors Trading Up 0.0 %

NASDAQ NXPI opened at $206.83 on Thursday. The business’s 50-day moving average price is $219.02 and its two-hundred day moving average price is $237.50. NXP Semiconductors has a 12 month low of $201.58 and a 12 month high of $296.08. The firm has a market capitalization of $52.57 billion, a PE ratio of 19.74, a price-to-earnings-growth ratio of 4.37 and a beta of 1.47. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $3.25 billion. During the same period in the prior year, the business posted $3.31 earnings per share. The company’s quarterly revenue was down 5.4% compared to the same quarter last year. On average, analysts expect that NXP Semiconductors will post 11.33 EPS for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were given a dividend of $1.014 per share. 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 payout ratio is presently 38.65%.

Institutional Trading of NXP Semiconductors

A number of large investors have recently bought and sold shares of the business. ORG Wealth Partners LLC boosted its holdings in shares of NXP Semiconductors by 915.4% in the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock valued at $27,000 after buying an additional 119 shares during the last quarter. FSA Wealth Management LLC bought a new position in NXP Semiconductors in the third quarter valued at about $33,000. Fortitude Family Office LLC boosted its stake in shares of NXP Semiconductors by 52.4% during the fourth quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock valued at $45,000 after purchasing an additional 75 shares in the last quarter. Valley Wealth Managers Inc. acquired a new stake in shares of NXP Semiconductors during the second quarter valued at about $48,000. Finally, Avior Wealth Management LLC boosted its stake in shares of NXP Semiconductors by 182.1% during the third quarter. Avior Wealth Management LLC now owns 220 shares of the semiconductor provider’s stock valued at $53,000 after purchasing an additional 142 shares in the last quarter. 90.54% of the stock is owned by institutional investors.

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.