NXP Semiconductors (NXPI) Scheduled to Post Earnings on Monday

NXP Semiconductors (NASDAQ:NXPI) will be announcing its earnings results after the market closes on Monday, April 29th. Analysts expect the company to announce earnings of $2.78 per share for the quarter. NXP Semiconductors has set its Q1 guidance at $2.97-3.38 EPS and its Q1 2024 guidance at 2.970-3.380 EPS.Investors interested in participating in the company’s conference call can do so using this link.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.33 by $0.04. The company had revenue of $3.42 billion during the quarter, compared to analysts’ expectations of $3.40 billion. NXP Semiconductors had a net margin of 21.07% and a return on equity of 38.94%. On average, analysts expect NXP Semiconductors to post $12 EPS for the current fiscal year and $14 EPS for the next fiscal year.

NXP Semiconductors Price Performance

NXP Semiconductors stock opened at $215.12 on Monday. The stock has a market cap of $55.09 billion, a price-to-earnings ratio of 20.09, a price-to-earnings-growth ratio of 0.81 and a beta of 1.59. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.91 and a quick ratio of 1.39. NXP Semiconductors has a 1 year low of $155.31 and a 1 year high of $264.26. The firm has a 50-day moving average of $241.39 and a two-hundred day moving average of $218.83.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were given a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $4.06 annualized dividend and a yield of 1.89%. NXP Semiconductors’s dividend payout ratio (DPR) is 37.91%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on NXPI. Truist Financial boosted their price objective on shares of NXP Semiconductors from $264.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Morgan Stanley upped their price target on shares of NXP Semiconductors from $221.00 to $224.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 7th. Stifel Nicolaus upped their price target on shares of NXP Semiconductors from $190.00 to $210.00 and gave the stock a “hold” rating in a research report on Tuesday, January 2nd. Wolfe Research raised shares of NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 price target for the company in a research report on Thursday, January 18th. Finally, Barclays raised shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $200.00 to $260.00 in a research report on Tuesday, January 16th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $242.29.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of NXPI. Live Oak Investment Partners acquired a new stake in shares of NXP Semiconductors in the fourth quarter worth $26,000. Fortis Capital Advisors LLC acquired a new stake in shares of NXP Semiconductors in the fourth quarter worth $27,000. First Capital Advisors Group LLC. acquired a new stake in shares of NXP Semiconductors in the second quarter worth $35,000. PCA Investment Advisory Services Inc. acquired a new stake in shares of NXP Semiconductors in the second quarter worth $45,000. Finally, Coppell Advisory Solutions LLC acquired a new stake in shares of NXP Semiconductors in the second quarter worth $55,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

About NXP Semiconductors

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.