STMicroelectronics N.V. (NYSE:STM) saw an upside of 1.79% to $41.53 after adding $0.73 on Wednesday. The 5-day average trading volume is 1,697,913 shares of the company’s common stock. It has gained $42.75 in the past week. An average of 1,865,923 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,837,985.
STM’s 1-month performance is -10.13% or -$4.00 on its low of $40.64 reached on 10/12/21. The company’s shares have touched a 52-week low of $30.16 and high of $47.38, with the stock’s rally to the 52-week high happening on 09/16/21. YTD, STM has achieved 9.91% or $4.28. However, the current price is down -12.35%% from the 52-week high price.
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The company’s PE ratio for the last five years has touched a high of 99.25 and a low of 9.285. STM stock has a beta of 1.50. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.21 while the price-to-book (PB) in the most recent quarter is 4.37, with the price to cash flow ratio at 43.63.
STMicroelectronics N.V. pays an annual dividend of $0.20 per share. Its dividend yield is 0.48% and the payout ratio is 10.60%. STM’s most recent quarterly dividend payment was made on Sep. 28, when it paid $0.06 a share compared with prior rate of $0.06, down 0.0% from last year’s. The company has boosted its dividend for the last 2 consecutive years with the latest dividend increase of $0.0180 reported on Monday June 7 2021. Measured over the last 3 years, the Dividend has been growing by -22.50% yearly.
It is projected that STMicroelectronics N.V.’s next ex-dividend date will be on NV. STM is expected to distribute $13-Dec-2021 as its next dividend.
STMicroelectronics N.V.’s quick ratio for the period ended June 29 was 1.90, with the current ratio over the same period at 2.40 meaning that STM stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.27, while the total debt to equity was 0.37. In terms of profitability, the gross margin trailing 12 months is 38.60%. The trailing 12-month EBITDA margin is 18.83% while for the period ending June 29; STMicroelectronics N.V.’s operating margin was 16.10%. The firm’s gross profit as reported stood at $3.79 billion against revenue of $10.22 billion.
For the quarterly period ending June 29 this year, STMicroelectronics N.V.’s cash and short-term investments amounted to $133.0 million against total debt of $3.36 billion. Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected STM to announce $0.37 per share in earnings in its latest quarter, but it posted $0.44, representing a 18.90% surprise. EBITDA for the quarter stood at more than $769.0 million. STM stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 6.8 billion, with total debt at $3.36 billion
Let’s look briefly at STMicroelectronics N.V. (STM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 34.49% to suggest the stock is trending Neutral, with historical volatility in this time period at 23.38%.
The stock’s 5-day moving average is $41.31, reflecting a -1.97% or -$0.83 change from its current price. STM is currently trading -12.36% above its 20-day SMA, +14.33% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -1.19% and +12.50% respectively.
Stochastic %K and %D was 5.08% and 3.21% and the average true range (ATR) pointed at 0.89. The RSI (14) points at 37.85%, while the 14-day stochastic is at 12.32% with the period’s ATR at 0.90. The stock’s 9-day MACD Oscillator is pointing at -0.82 and -1.85 on the 14-day charts.
In the most recent analyst report for STMicroelectronics N.V. (NYSE: STM), Goldman upgraded it to a Neutral rating. They previously had a Sell rating on the stock. Analysts offering their rating for STM stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate STM as a “sell,”, while 9 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 13 have offered a “buy” rating.
What is STM’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $41.75 and a high of $66.69, with their median price target at $50.99. Looking at these predictions, the average price target given by analysts is for STMicroelectronics N.V. (STM) stock is $51.04.