What is the best trade option for NXP Semiconductors NV (NXPI) stock?

NXP Semiconductors NV [NXPI] stock prices are up 1.29% to $238.08 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NXPI shares have gain 8.54% over the last week, with a monthly amount drifted -0.41%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

NXP Semiconductors NV [NASDAQ: NXPI] stock has seen the most recent analyst activity on April 16, 2024, when Evercore ISI initiated its Outperform rating and assigned the stock a price target of $300. Previously, TD Cowen reaffirmed its Outperform rating on March 12, 2024, and elevated its price target to $300. On February 07, 2024, TD Cowen reiterated its Outperform rating and revised its price target to $270 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $260 on January 23, 2024. Wolfe Research upgraded its rating to a Outperform but $255 remained the price target by the analyst firm on January 18, 2024. Barclays upgraded its rating to Overweight for this stock on January 16, 2024, and upped its price target to $260. In a note dated December 05, 2023, TD Cowen reiterated an Outperform rating on this stock and boosted its target price from $240 to $250.

The stock price of NXP Semiconductors NV [NXPI] has been fluctuating between $155.31 and $264.26 over the past year. Currently, Wall Street analysts expect the stock to reach $216.96 within the next 12 months. NXP Semiconductors NV [NASDAQ: NXPI] shares were valued at $238.08 at the most recent close of the market. An investor can expect a potential drop of -8.87% 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 0.56% 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 234.69 points at the first support level, and at 231.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 240.53, and for the 2nd resistance point, it is at 242.98.

NXP Semiconductors NV [NXPI] reported earnings per share of $3.71 for its fiscal quarter that ended on 12/31/2023. 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 9/30/2023 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. As well, the Quick Ratio is 1.39, while the Cash Ratio is 0.94. Considering the valuation of this stock, the price to sales ratio is 4.59, the price to book ratio is 7.08 and price to earnings (TTM) ratio is 22.21.

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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