It’s still a bull thesis, just subverted: NXP Semiconductors NV (NXPI)

NXP Semiconductors NV [NXPI] stock is trading at $251.25, up 1.12%. An important factor to consider is whether the stock is rising or falling in short-term value. The NXPI shares have gain 2.98% over the last week, with a monthly amount glided 13.68%, 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.

NXP Semiconductors NV [NXPI] stock has fluctuated between $155.31 and $259.49 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 $251.25 at the most recent close of the market. An investor can expect a potential drop of -14.97% based on the average NXPI price forecast.

Analyzing the NXPI fundamentals

NXP Semiconductors NV [NASDAQ:NXPI] reported sales of 13.28B for the trailing twelve months, which represents a growth of 3.32%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.34 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.29.

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 249.27 points at the first support level, and at 247.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 254.29, and for the 2nd resistance point, it is at 257.33.

Ratios To Look Out For

For context, NXP Semiconductors NV’s Current Ratio is 1.91. On the other hand, the Quick Ratio is 1.39, and the Cash Ratio is 0.94. Considering the valuation of this stock, the price to sales ratio is 4.85, the price to book ratio is 7.48 and price to earnings (TTM) ratio is 23.44.

Transactions by insiders

Recent insider trading involved Jensen Christopher L, EVP Human Resources, that happened on Feb 29 ’24 when 4765.0 shares were sold. Director, SUMME GREGORY L completed a deal on Feb 28 ’24 to sell 4695.0 shares. Meanwhile, EVP & General Counsel Wuamett Jennifer sold 4000.0 shares on Feb 28 ’24.

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