NXP Semiconductors N.V. (NASDAQ:NXPI) finished Thursday with a subtraction of -$7.28 to close at $193.82, a downside of -3.62 percent. An average of 2,101,760 shares of common stock have been traded in the last five days. There was a fall of -$0.71 in the past week, and it reached a new high 18 times over the past 12 months. The last 20 days have seen an average of 2,102,135 shares traded, while the 50-day average volume stands at 2,367,160.
NXPI stock has decreased by -11.29% in the last month. The company shares reached their 1-month lowest point of $192.40 on 08/18/23. With the stock rallying to its 52-week high on 07/27/23, shares of the company touched a low of $132.08 and a high of $225.57 in 52 weeks. It has reached a new high 25 times so far this year and achieved 22.65% or $35.79 in price. In spite of this, the price is down -14.08% from the 52-week high.
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Insider Transactions
NXPI stock investors should be aware that NXP Semiconductors N.V. (NXPI) stock had its last reported insider trading activity 24 days ago on Aug 02. In this transaction, the insider spent $4,666,826. EVP & CFO, Betz William, disposed of 3,514 shares at a price of $224.38 on Jul 27. The insider now owns more than $788,470 worth of shares. Prior to that, EVP Human Resources Jensen Christopher L went on to Sale 9,696 shares at $185.00 each on May 30. An amount of $1,793,760 was transacted.
Valuation Metrics
NXP Semiconductors N.V. (NXPI) has a trailing price-to-earnings (P/E) ratio of 18.33. The stock’s beta is 1.58. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.75, the price-to-book (PB) ratio at 6.15, and the price-to-cash flow ratio at 20.09.
The company has a payout ratio of 34.90%. The company’s most recent quarterly dividend payment was $1.0140 a share, without any change from last year. Its latest increase dividend $0.1690 reported on Monday January 30 2023.
Financial Health
The quick ratio of NXP Semiconductors N.V. for the three months ended June 29 was 1.30, and the current ratio was 1.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.24 and a total debt to equity ratio of 1.37 for the quarter ending June 29. NXP Semiconductors N.V.’s EBITDA margin for the year ending June 29 is 38.14%, while its operating margin for the same period stands at 28.40%. Its gross profit as reported stood at $7.52 billion compared to revenue of $13.21 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, NXP Semiconductors N.V.’s return on assets was 11.80%.
Earnings Surprise
For the three-month period that ended June 29, NXP Semiconductors N.V. had $10.17 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $698.0 million in the quarter, while revenues were grew 4.01%. The analyst consensus anticipated NXP Semiconductors N.V.’s latest quarter earnings to come in at $3.29 per share, but it turned out to be $3.43, a 4.30% surprise. For the quarter, EBITDA amounted to $1.22 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at NXP Semiconductors N.V. (NXPI) price momentum. RSI 9-day as of the close on 24 August was 32.43%, suggesting the stock is Neutral, with historical volatility in this time frame at 31.66%.
As of today, NXPI’s price is $198.55 -0.36% or -$0.71 from its 5-day moving average. NXPI is currently trading -12.61% lower than its 20-day SMA and +3.94% higher than its 100-day SMA. However, the stock’s current price level is -1.33% below the SMA50 and +28.31% above the SMA200.
The stochastic %K and %D were 21.85% and 25.79%, respectively, and the average true range (ATR) was 6.67. With the 14-day stochastic at 5.35% and the average true range at 6.39, the RSI (14) stands at 37.12%. The stock has reached -1.03 on the 9-day MACD Oscillator while the 14-day reading was at -6.04.
Analyst Ratings
Wolfe Research launched coverage on NXP Semiconductors N.V. (NASDAQ: NXPI) in its analyst report released on July 20, 2023. The firm assigned the stock a Peer perform rating. The consensus rating for NXP Semiconductors N.V. (NXPI) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell NXPI, while 15 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 13 others rate it as a “buy”.
What is NXPI’s price target for the next 12 months?
Analysts predict a range of price targets between $200.00 and $260.00, with a median target of $240.00. Taking a look at these predictions, the average price target given by analysts for NXP Semiconductors N.V. (NXPI) stock is $235.71.
