A share price of ST Microelectronics [STM] is currently trading at $22.90, up 1.64%. An important factor to consider is whether the stock is rising or falling in short-term value. The STM shares have gain 2.37% over the last week, with a monthly amount drifted -6.72%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
ST Microelectronics [NYSE: STM] stock has seen the most recent analyst activity on February 06, 2025, when BofA Securities downgraded its rating to a Neutral. Previously, Bernstein downgraded its rating to Mkt Perform on February 05, 2025. On January 22, 2025, downgrade downgraded it’s rating to Underweight. TD Cowen downgraded its rating to a Hold and decreased its price target to $25 on January 13, 2025. JP Morgan downgraded its rating to a Neutral. Exane BNP Paribas started tracking with a Neutral rating for this stock on December 03, 2024, and assigned it a price target of $28. In a note dated November 04, 2024, Morgan Stanley downgraded an Underweight rating on this stock.
ST Microelectronics experienced fluctuations in its stock price throughout the past year between $21.36 and $49.05. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. ST Microelectronics [NYSE: STM] shares were valued at $22.90 at the most recent close of the market. An investor can expect a potential return of 39.74% based on the average STM price forecast.
Analyzing the STM fundamentals
Trailing Twelve Months sales for ST Microelectronics [NYSE:STM] were 13.27B which represents -22.44% decline. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.13 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.18.
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 22.63 points at the first support level, and at 22.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.08, and for the 2nd resistance point, it is at 23.26.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ST Microelectronics [NYSE:STM] is 3.11. On the other hand, the Quick Ratio is 2.37, and the Cash Ratio is 0.73. Considering the valuation of this stock, the price to sales ratio is 1.54, the price to book ratio is 1.18 and price to earnings (TTM) ratio is 13.77.
