The Short-term Rise and Fall of NXP Semiconductors NV (NXPI) Stock

A share price of NXP Semiconductors NV [NXPI] is currently trading at $251.83, up 2.82%. 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 4.59% over the last week, with a monthly amount drifted -0.08%, and not seem to be holding up well over a long-time horizon.

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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.

NXP Semiconductors NV experienced fluctuations in its stock price throughout the past year 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 $251.83 at the most recent close of the market. An investor can expect a potential drop of -14.51% based on the average NXPI price forecast.

Analyzing the NXPI fundamentals

Trailing Twelve Months sales for NXP Semiconductors NV [NASDAQ:NXPI] were 13.28B which represents 3.32% growth. 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 248.15 points at the first support level, and at 244.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 253.74, and for the 2nd resistance point, it is at 255.64.

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

To put it in perspective, the Current Ratio for NXP Semiconductors NV [NASDAQ:NXPI] is 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 4.86, the price to book ratio is 7.49 and price to earnings (TTM) ratio is 23.50.

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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