At the time of writing, NXP Semiconductors NV [NXPI] stock is trading at $243.88, up 1.29%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NXPI shares have gain 2.02% over the last week, with a monthly amount drifted -4.10%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 28, March 2024, NXP Breaks Through Integration Barriers for Software-Defined Vehicle Development with Open S32 CoreRide Platform. In a post published today on Yahoo Finance, NXP Breaks Through Integration Barriers for Software-Defined Vehicle Development with Open S32 CoreRide Platform.
From an analyst’s perspective:
NXP Semiconductors NV [NASDAQ: NXPI] stock has seen the most recent analyst activity on March 12, 2024, when TD Cowen reiterated its Outperform rating and also boosted its price target to $300 from $270. Previously, TD Cowen reaffirmed its Outperform rating on February 07, 2024, and elevated its price target to $270. On January 23, 2024, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $260 on the stock. Wolfe Research upgraded its rating to a Outperform but stick to its price target of $255 on January 18, 2024. Barclays upgraded its rating to a Overweight and raised its price target to $260 on January 16, 2024. TD Cowen reiterated a Outperform rating for this stock on December 05, 2023, and upped its price target to $250. In a note dated November 08, 2023, Citigroup downgraded an Sell rating on this stock and revised its target price from $216 to $150.
For the past year, the stock price of NXP Semiconductors NV fluctuated between $155.31 and $264.26. Currently, Wall Street analysts expect the stock to reach $215.29 within the next 12 months. NXP Semiconductors NV [NASDAQ: NXPI] shares were valued at $243.88 at the most recent close of the market. An investor can expect a potential drop of -11.72% based on the average NXPI price forecast.
Analyzing the NXPI fundamentals
According to NXP Semiconductors NV [NASDAQ:NXPI], the company’s sales were 13.28B for trailing twelve months, which represents an 3.32% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.29.
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 239.82 points at the first support level, and at 235.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 246.13, and for the 2nd resistance point, it is at 248.37.
Ratios To Look Out For
It is important to note that NXP Semiconductors NV [NASDAQ:NXPI] has a current ratio of 1.91. Also, the Quick Ratio is 1.39, while the Cash Ratio stands at 0.94. Considering the valuation of this stock, the price to sales ratio is 4.71, the price to book ratio is 7.26 and price to earnings (TTM) ratio is 22.76.
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.
