NXP Semiconductors NV (NXPI) stock poised to deliver a potential drop of -1.53%

NXP Semiconductors NV [NXPI] stock prices are up 3.27% to $248.01 at the moment. 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 4.75% over the last week, with a monthly amount drifted -12.29%, 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 July 24, 2024, when TD Cowen reiterated its Buy rating and also revised its price target to $310 from $330. Previously, Mizuho upgraded its rating to Buy on May 24, 2024, and elevated its price target to $325. On May 13, 2024, Jefferies initiated with a Buy rating and assigned a price target of $325 on the stock. Evercore ISI started tracking the stock assigning a Outperform rating and suggested a price target of $300 on April 16, 2024. TD Cowen reiterated its recommendation of a Outperform and raised its price target to $300 on March 12, 2024. TD Cowen reiterated a Outperform rating for this stock on February 07, 2024, and upped its price target to $270. In a note dated January 23, 2024, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $260 on this stock.

The stock price of NXP Semiconductors NV [NXPI] has been fluctuating between $167.21 and $296.08 over the past year. Currently, Wall Street analysts expect the stock to reach $244.22 within the next 12 months. NXP Semiconductors NV [NASDAQ: NXPI] shares were valued at $248.01 at the most recent close of the market. An investor can expect a potential drop of -1.53% based on the average NXPI price forecast.

Analyzing the NXPI fundamentals

The NXP Semiconductors NV [NASDAQ:NXPI] reported sales of 13.11B for trailing twelve months, representing a drop of -5.21%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.32 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 1.13.

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 243.20 points at the first support level, and at 238.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 250.71, and for the 2nd resistance point, it is at 253.42.

Ratios To Look Out For

It’s worth pointing out that NXP Semiconductors NV [NASDAQ:NXPI]’s Current Ratio is 2.21. Also, the Quick Ratio is 1.52, while the Cash Ratio stands at 0.92. Considering the valuation of this stock, the price to sales ratio is 4.82, the price to book ratio is 7.01 and price to earnings (TTM) ratio is 23.17.

Transactions by insiders

Recent insider trading involved Southern Julie, Chair, that happened on Jul 30 ’24 when 146.0 shares were purchased. CEO & President, Sievers Kurt completed a deal on Jun 10 ’24 to sell 8548.0 shares. Meanwhile, EVP Human Resources Jensen Christopher L sold 4765.0 shares on Feb 29 ’24.

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