NYSE:STM

STMicroelectronics (STM) Stock Price, News & Analysis

$39.92
+0.67 (+1.71%)
(As of 12:57 PM ET)
Today's Range
$39.30
$40.04
50-Day Range
$38.61
$48.62
52-Week Range
$37.21
$55.85
Volume
1.67 million shs
Average Volume
3.55 million shs
Market Capitalization
$36.04 billion
P/E Ratio
8.95
Dividend Yield
0.50%
Price Target
$50.75

STMicroelectronics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
27.3% Upside
$50.75 Price Target
Short Interest
Healthy
0.93% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.55mentions of STMicroelectronics in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
32.11%
From $2.99 to $3.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.53 out of 5 stars

Computer And Technology Sector

235th out of 591 stocks

Semiconductors & Related Devices Industry

39th out of 88 stocks

STM stock logo

About STMicroelectronics Stock (NYSE:STM)

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The Automotive and Discrete Group segment offers automotive integrated circuits (ICs), and discrete and power transistor products. The Analog, MEMS and Sensors Group segment provides industrial application-specific integrated circuits (ASICs) and application-specific standard products (ASSPs); general purpose analog products; custom analog ICs; wireless charging solutions; galvanic isolated gate drivers; low and high voltage amplifiers, comparators, and current-sense amplifiers; MasterGaN, a solution that integrates a silicon driver and GaN power transistors in a single package; wireline and wireless connectivity ICs; touch screen controllers; micro-electro-mechanical systems (MEMS) products, including sensors or actuators; and optical sensing solutions. The Microcontrollers and Digital ICs Group segment offers general purpose and secure microcontrollers; and radio frequency (RF) products. It also offers application-specific standard products for analog, digital and mixed-signal applications. In addition, the company provides assembly and other services. It sells its products through distributors and retailers, as well as through sales representatives. The company serves automotive, industrial, personal electronics and communications equipment, and computers and peripherals markets. STMicroelectronics N.V. was incorporated in 1987 and is headquartered in Geneva, Switzerland.

STM Stock Price History

STM Stock News Headlines

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STMicroelectronics (STM) Scheduled to Post Earnings on Thursday
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See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 3/26 Dividend
3/18/2024
Dividend Payable
3/26/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Employees
51,323
Year Founded
1987

Price Target and Rating

Average Stock Price Target
$50.75
High Stock Price Target
$65.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+29.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$4.21 billion
Pretax Margin
27.55%

Debt

Sales & Book Value

Annual Sales
$17.29 billion
Cash Flow
$6.50 per share
Book Value
$18.67 per share

Miscellaneous

Free Float
N/A
Market Cap
$35.43 billion
Optionable
Optionable
Beta
1.69

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Key Executives

  • Mr. Jean-Marc Chery (Age 64)
    President, CEO & Member of Managing Board
    Comp: $5.46M
  • Mr. Lorenzo Grandi (Age 63)
    President of Finance, Purchasing, ERM & Resilience and CFO
  • Mr. Fabio Gualandris (Age 65)
    President of Quality, Manufacturing & Technology
  • Ms. Celine Berthier
    Group Vice President of Investor Relations
  • Mr. Philippe Dereeper
    Chief Ethics & Compliance Officer and Executive Secretary
  • Mr. Steven Rose (Age 62)
    President of Legal Counsel & Public Affairs
  • Ms. Claudia Levo (Age 59)
    Executive Vice President of Integrated Marketing & Communications
  • Mr. Jerome Roux (Age 59)
    President of Sales & Marketing
  • Mr. Chouaib Rokbi (Age 53)
    Executive VP of Digital Transformation & Information Technology and Corporate Development
  • Ms. Rajita D'Souza (Age 51)
    CHRO and President of Human Resources & Corporate Social Responsibility

Should I Buy STMicroelectronics Stock? STM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in STMicroelectronics:

  • STMicroelectronics has a positive rating reaffirmed by analysts, indicating confidence in the company's performance.
  • Recent stock price movements show potential for growth, with the stock trading at $42.25.
  • STMicroelectronics operates in various segments, including Automotive and Discrete Group, Analog, MEMS and Sensors Group, and Microcontrollers and Digital ICs Group, diversifying its revenue streams.
  • The company offers a range of semiconductor products catering to automotive, industrial, personal electronics, and communication markets, showcasing a broad market presence.
  • STMicroelectronics has a market capitalization of $38.14 billion, indicating stability and a strong position in the industry.

Cons

Investors should be bearish about investing in STMicroelectronics for these reasons:

  • STMicroelectronics faces competition in the semiconductor industry, which could impact its market share and profitability.
  • The company's PEG ratio of 2.78 suggests a higher valuation compared to its expected growth rate, potentially indicating overvaluation.
  • STMicroelectronics' 52-week high of $55.85 and low of $37.21 show volatility in stock price, posing risks for investors.
  • The company's debt-to-equity ratio of 0.16 may raise concerns about its financial leverage and ability to manage debt obligations.
  • While the company has a moderate buy rating, some analysts have lowered their price targets, signaling potential uncertainties in future performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these STMicroelectronics pros and cons to contact@marketbeat.com.

STM Stock Analysis - Frequently Asked Questions

Should I buy or sell STMicroelectronics stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for STMicroelectronics in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" STM shares.
View STM analyst ratings
or view top-rated stocks.

What is STMicroelectronics' stock price target for 2024?

9 equities research analysts have issued twelve-month price objectives for STMicroelectronics' shares. Their STM share price targets range from $35.00 to $65.00. On average, they expect the company's stock price to reach $50.75 in the next twelve months. This suggests a possible upside of 27.3% from the stock's current price.
View analysts price targets for STM
or view top-rated stocks among Wall Street analysts.

How have STM shares performed in 2024?

STMicroelectronics' stock was trading at $50.13 at the start of the year. Since then, STM shares have decreased by 20.4% and is now trading at $39.88.
View the best growth stocks for 2024 here
.

Are investors shorting STMicroelectronics?

STMicroelectronics saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 8,360,000 shares, an increase of 30.4% from the March 15th total of 6,410,000 shares. Based on an average daily trading volume, of 3,540,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 0.9% of the shares of the company are short sold.
View STMicroelectronics' Short Interest
.

When is STMicroelectronics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our STM earnings forecast
.

How can I listen to STMicroelectronics' earnings call?

STMicroelectronics will be holding an earnings conference call on Thursday, April 25th at 3:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were STMicroelectronics' earnings last quarter?

STMicroelectronics (NYSE:STM) released its earnings results on Thursday, January, 25th. The semiconductor producer reported $1.14 EPS for the quarter, beating the consensus estimate of $0.95 by $0.19. The semiconductor producer earned $4.28 billion during the quarter, compared to analysts' expectations of $4.08 billion. STMicroelectronics had a trailing twelve-month return on equity of 27.70% and a net margin of 24.36%. STMicroelectronics's quarterly revenue was down 3.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.32 EPS.

How often does STMicroelectronics pay dividends? What is the dividend yield for STMicroelectronics?

STMicroelectronics declared a quarterly dividend on Thursday, March 21st. Stockholders of record on Tuesday, June 25th will be paid a dividend of $0.09 per share on Tuesday, July 2nd. This represents a $0.36 annualized dividend and a dividend yield of 0.90%. The ex-dividend date of this dividend is Tuesday, June 25th. This is a boost from the stock's previous quarterly dividend of $0.06.
Read our dividend analysis for STM
.

Is STMicroelectronics a good dividend stock?

STMicroelectronics (NYSE:STM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.53%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STM will have a dividend payout ratio of 5.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STM.

What guidance has STMicroelectronics issued on next quarter's earnings?

STMicroelectronics issued an update on its first quarter 2024 earnings guidance on Friday, January, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.6 billion-$3.6 billion, compared to the consensus revenue estimate of $4.1 billion.

What is Jean Marc Chery's approval rating as STMicroelectronics' CEO?

72 employees have rated STMicroelectronics Chief Executive Officer Jean Marc Chery on Glassdoor.com. Jean Marc Chery has an approval rating of 91% among the company's employees. This puts Jean Marc Chery in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of STMicroelectronics own?
Who are STMicroelectronics' major shareholders?

STMicroelectronics' stock is owned by many different retail and institutional investors. Top institutional investors include Raymond James & Associates (0.02%), IMC Chicago LLC (0.00%), Nova R Wealth Inc. (0.00%), First Trust Direct Indexing L.P. (0.00%), Legacy Wealth Asset Management LLC (0.00%) and Park Avenue Securities LLC (0.00%).
View institutional ownership trends
.

How do I buy shares of STMicroelectronics?

Shares of STM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does STMicroelectronics have any subsidiaries?
The following companies are subsidiares of STMicroelectronics: Alcatel Microelectronics, Atollic, BeSpoon, BeSpoon SAS, Cartesiam, Draupner Graphics, Electronic Holding S.A., Exagan, Exagan SAS, Exagan Taiwan Ltd., Faroudja Laboratories Inc., Genesis Microchip, INCARD S.A. en liquidation, Incard, Metaflow Technologies, Norstel, Proton World International, Proton World International N.V., Riot Micro, SOMOS, ST-Ericsson India Pvt Ltd, STMicroelectronics (Alps) SAS, STMicroelectronics (Beijing) R&D Co. Ltd, STMicroelectronics (Canada) Inc., STMicroelectronics (China) Investment Co. Ltd, STMicroelectronics (Crolles 2) SAS, STMicroelectronics (Grand Ouest) SAS, STMicroelectronics (Grenoble 2) SAS, STMicroelectronics (Malta) Ltd, STMicroelectronics (North America) Holding Inc., STMicroelectronics (Research & Development) Limited, STMicroelectronics (Rousset) SAS, STMicroelectronics (Shanghai) Co. Ltd, STMicroelectronics (Shenzhen) R&D Co. Ltd, STMicroelectronics (Thailand) Ltd, STMicroelectronics (Tours) SAS, STMicroelectronics A.B., STMicroelectronics A/S, STMicroelectronics Application GmbH, STMicroelectronics Asia Pacific Pte Ltd, STMicroelectronics Austria GmbH, STMicroelectronics Design and Application s.r.o., STMicroelectronics Egypt SSC, STMicroelectronics Finance B.V., STMicroelectronics Finance II N.V., STMicroelectronics Finland OY, STMicroelectronics GmbH, STMicroelectronics Iberia S.A., STMicroelectronics Inc., STMicroelectronics Inc., STMicroelectronics International N.V., STMicroelectronics KK, STMicroelectronics Limited, STMicroelectronics Ltd, STMicroelectronics Ltda, STMicroelectronics Marketing S. de R.L. de C.V., STMicroelectronics Marketing SDN BHD, STMicroelectronics PTY Ltd, STMicroelectronics Pte Ltd, STMicroelectronics Pvt Ltd, STMicroelectronics S.A., STMicroelectronics S.A.S. (Maroc), STMicroelectronics S.r.l., STMicroelectronics SDN BHD, STMicroelectronics Services S.r.l., STMicroelectronics Silicon Carbide A.B., STMicroelectronics Software A.B., STMicroelectronics Software Inc., STMicroelectronics d.o.o, Shenzhen STS Microelectronics Co. Ltd, South America Comércio de Cartões Inteligentes Ltda, Synad Technologies, Synad Technologies Limited, Wisebatt, and bTendo.
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This page (NYSE:STM) was last updated on 4/23/2024 by MarketBeat.com Staff

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