As of Friday close, STMicroelectronics N.V.’s (NYSE:STM) stock was down -$0.54, moving down -1.11 percent to $48.03. The average number of shares traded per day over the past five days has been 4,958,100 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.26 fall in that time frame. In the last twenty days, the average volume was 3,794,750, while in the previous 50 days, it was 3,814,966.
Since last month, STM stock retreated -3.52%. Shares of the company fell to $45.76 on 03/02/23, the lowest level in the past month. A 52-week high of $50.81 was reached on 02/02/23 after having rallying from a 52-week low of $28.35. Since the beginning of this year, STM’s stock price has risen by 35.03% or $12.46, and marked a new high 15 times. However, the stock has declined by -5.46% since its 52-week high.
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Valuation Metrics
Right now, STMicroelectronics N.V. (STM) has a P/E ratio of about 11.47. The stock’s beta is 1.58. Besides these, the trailing price-to-sales (P/S) ratio of 2.79, the price-to-book (PB) ratio of 3.42, and the price-to-cash flow ratio of 30.75 may also be considered.
The latest dividend of $0.06 per share was paid out, remained unchanged from last year’s $0.06. On Thursday March 24 2022, a $0.0090 dividend increase was announced.
Financial Health
In the three months ended December 30, STMicroelectronics N.V.’s quick ratio stood at 1.90, while its current ratio was 2.60, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.20, and the total debt-to-equity ratio was 0.21. On the profitability front, the trailing twelve-month gross margin is 47.30% percent. In the year ended December 30, operating margins totaled 27.50%. Based on annual data, STM earned $7.63 billion in gross profit and brought in $16.13 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 25.40%. Return on equity (ROE) for the past 12 months was 36.40%.
In STMicroelectronics N.V.’s quarter-end financial report for December 30, it reported total debt of $2.54 billion against cash and short-term investments of $679.0 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. STM’s revenue rose 20.88% during the quarter, while net income inched up to $16.13 billion. While analysts expected STMicroelectronics N.V. to report $1.13 quarterly earnings, the actual figure was $1.32 per share, beating the consensus estimate by 16.80%. During the quarter, the company generated $1.62 billion in EBITDA. The liabilities of STMicroelectronics N.V. were 7.22 billion at the end of its most recent quarter ended December 30, and its total debt was $2.91 billion.
Technical Picture
This quick technical analysis looks at STMicroelectronics N.V.’s (STM) price momentum. With a historical volatility rate of 39.71%, the RSI 9-day stood at 48.74% on 17 March.
With respect to its five-day moving average, the current STMicroelectronics N.V. price is down by -0.54% percent or -$0.26. At present, STM shares trade -2.30% below its 20-day simple moving average and +44.19% percent above its 100-day simple moving average. However, the stock is currently trading approximately +31.59% above its SMA50 and +19.84% above its SMA200.
Stochastic coefficient K was 49.55% and Stochastic coefficient D was 54.04%, while ATR was 1.61. Given the Stochastic reading of 50.67% for the 14-day period, the RSI (14) reading has been calculated as 51.09%. As of today, the MACD Oscillator reading stands at -0.34, while the 14-day reading stands at -0.38.