NXP Semiconductors NV (NXPI) Stock Up 2.07%: Is It a Good Investment?

NXP Semiconductors NV [NXPI] stock prices are up 2.07% to $243.79 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The NXPI shares have gain 5.01% over the last week, with a monthly amount glided 11.11%, and seem to be holding up well over a long-time horizon.

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On 5, February 2024, NXP Semiconductors Reports Fourth Quarter and Full-Year 2023 Results. In a post published today on Yahoo Finance, NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the fourth quarter and full-year, which ended December 31, 2023.

From an analyst’s perspective:

NXP Semiconductors NV [NASDAQ: NXPI] stock has seen the most recent analyst activity on February 07, 2024, when TD Cowen reiterated its Outperform rating and also boosted its price target to $270 from $250. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on January 23, 2024, and set its price target to $260. On January 18, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $255 on the stock. Barclays upgraded its rating to a Overweight and increased its price target to $260 on January 16, 2024. TD Cowen reiterated its recommendation of a Outperform and raised its price target to $250 on December 05, 2023. Citigroup downgraded its rating to Sell for this stock on November 08, 2023, and downed its price target to $150. In a note dated July 20, 2023, Wolfe Research initiated an Peer Perform rating.

The stock price of NXP Semiconductors NV [NXPI] has been fluctuating between $155.31 and $242.40 over the past year. Currently, Wall Street analysts expect the stock to reach $213.63 within the next 12 months. NXP Semiconductors NV [NASDAQ: NXPI] shares were valued at $243.79 at the most recent close of the market. An investor can expect a potential drop of -12.37% based on the average NXPI price forecast.

Analyzing the NXPI fundamentals

The NXP Semiconductors NV [NASDAQ:NXPI] reported sales of 13.28B for trailing twelve months, representing a surge of 3.32%. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 240.96 points at the first support level, and at 238.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 245.81, and for the 2nd resistance point, it is at 247.83.

NXP Semiconductors NV [NXPI] reported earnings per share of $3.71 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $3.63/share, meaning a difference of $0.08 and a surprise factor of 2.20%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $3.7 per share as compared to estimates of $3.59 per share, a difference of $0.11 representing a surprise of 3.10%.

Ratios To Look Out For

It’s worth pointing out that NXP Semiconductors NV [NASDAQ:NXPI]’s Current Ratio is 1.91. On the other hand, the Quick Ratio is 1.39, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 4.71, the price to book ratio is 7.25 and price to earnings (TTM) ratio is 22.75.

Transactions by insiders

Recent insider trading involved Wuamett Jennifer, EVP & General Counsel, that happened on Jan 02 when 2120.0 shares were sold. EVP Human Resources, Jensen Christopher L completed a deal on Dec 12 to sell 7000.0 shares. Meanwhile, CEO & President Sievers Kurt sold 8699.0 shares on Dec 11.

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