Brokerages expect NXP Semiconductors (NASDAQ:NXPI – Get Rating) to post $3.39 earnings per share for the current fiscal quarter, according to Zacks. Ten analysts have issued estimates for NXP Semiconductors’ earnings. The highest EPS estimate is $3.40 and the lowest is $3.38. NXP Semiconductors reported earnings per share of $2.38 in the same quarter last year, which suggests a positive year-over-year growth rate of 42.4%. The company is expected to issue its next quarterly earnings results on Monday, January 1st.
According to Zacks, analysts expect that NXP Semiconductors will report full-year earnings of $13.73 per share for the current financial year, with EPS estimates ranging from $13.40 to $14.09. For the next fiscal year, analysts expect that the business will report earnings of $14.51 per share, with EPS estimates ranging from $13.48 to $15.30. Zacks’ EPS averages are an average based on a survey of research analysts that that provide coverage for NXP Semiconductors.
NXP Semiconductors (NASDAQ:NXPI – Get Rating) last announced its quarterly earnings results on Monday, May 2nd. The semiconductor provider reported $3.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.85 by $0.26. NXP Semiconductors had a return on equity of 40.21% and a net margin of 18.70%. The firm had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.10 billion.
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Ameritas Advisory Services LLC acquired a new stake in shares of NXP Semiconductors during the fourth quarter worth about $211,000. Telos Capital Management Inc. raised its holdings in NXP Semiconductors by 14.0% during the fourth quarter. Telos Capital Management Inc. now owns 16,450 shares of the semiconductor provider’s stock worth $3,747,000 after purchasing an additional 2,025 shares in the last quarter. Yousif Capital Management LLC acquired a new stake in NXP Semiconductors during the fourth quarter worth approximately $8,895,000. Benjamin F. Edwards & Company Inc. grew its position in shares of NXP Semiconductors by 18.4% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 656 shares of the semiconductor provider’s stock worth $149,000 after acquiring an additional 102 shares during the last quarter. Finally, Profund Advisors LLC grew its position in shares of NXP Semiconductors by 4.8% during the third quarter. Profund Advisors LLC now owns 37,615 shares of the semiconductor provider’s stock worth $7,368,000 after acquiring an additional 1,723 shares during the last quarter. 89.03% of the stock is owned by hedge funds and other institutional investors.
NASDAQ:NXPI traded down $1.57 during trading hours on Tuesday, reaching $179.12. 2,200,431 shares of the company were exchanged, compared to its average volume of 2,773,173. The company has a market capitalization of $47.03 billion, a P/E ratio of 22.25, a P/E/G ratio of 0.65 and a beta of 1.36. NXP Semiconductors has a 1-year low of $164.75 and a 1-year high of $239.91. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.85 and a quick ratio of 1.39. The business has a 50 day moving average of $178.72 and a 200 day moving average of $198.74.
About NXP Semiconductors (Get Rating)
NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.
- Get a free copy of the StockNews.com research report on NXP Semiconductors (NXPI)
- Zoom Video Communications Is Primed To Launch Higher
- Institutions Buy The Dip In Petco Health and Wellness Company
- Fundamental Strength Makes Williams-Sonoma One for Your Recovery Watchlist
- Veeva Systems: Increasing NDR and Other Wins
- Autozone Edges Past Advanced Auto Parts In Q1 2022
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.