NXP Semiconductors N.V. (NASDAQ:NXPI) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) have earned a consensus rating of “Moderate Buy” from the twenty brokerages that are covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $252.4706.

A number of analysts recently weighed in on NXPI shares. Truist Financial boosted their target price on NXP Semiconductors from $252.00 to $254.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. JPMorgan Chase & Co. upped their price objective on shares of NXP Semiconductors from $240.00 to $245.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Evercore ISI lifted their target price on shares of NXP Semiconductors from $289.00 to $292.00 in a research report on Wednesday, October 29th. Stifel Nicolaus set a $215.00 price target on shares of NXP Semiconductors in a research note on Tuesday, October 28th. Finally, Sanford C. Bernstein set a $220.00 price objective on NXP Semiconductors and gave the company a “market perform” rating in a research note on Wednesday, October 29th.

Insider Buying and Selling

In other news, EVP Jennifer Wuamett sold 8,372 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $207.01, for a total value of $1,733,087.72. Following the transaction, the executive vice president owned 19,175 shares in the company, valued at approximately $3,969,416.75. This trade represents a 30.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Andrew Micallef sold 1,000 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $216.21, for a total transaction of $216,210.00. Following the sale, the executive vice president owned 6,828 shares of the company’s stock, valued at $1,476,281.88. This represents a 12.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.12% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Transcend Capital Advisors LLC increased its stake in shares of NXP Semiconductors by 2.8% during the second quarter. Transcend Capital Advisors LLC now owns 1,824 shares of the semiconductor provider’s stock valued at $399,000 after buying an additional 50 shares during the period. Rovin Capital UT ADV increased its position in NXP Semiconductors by 1.5% during the 3rd quarter. Rovin Capital UT ADV now owns 3,573 shares of the semiconductor provider’s stock valued at $814,000 after purchasing an additional 52 shares during the period. IHT Wealth Management LLC raised its holdings in NXP Semiconductors by 4.6% in the 2nd quarter. IHT Wealth Management LLC now owns 1,193 shares of the semiconductor provider’s stock worth $261,000 after purchasing an additional 52 shares in the last quarter. Fox Run Management L.L.C. lifted its position in shares of NXP Semiconductors by 3.3% in the 1st quarter. Fox Run Management L.L.C. now owns 1,669 shares of the semiconductor provider’s stock worth $317,000 after purchasing an additional 54 shares during the period. Finally, AlphaCore Capital LLC boosted its stake in shares of NXP Semiconductors by 3.5% during the 1st quarter. AlphaCore Capital LLC now owns 1,635 shares of the semiconductor provider’s stock valued at $312,000 after purchasing an additional 55 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

NXP Semiconductors stock opened at $194.35 on Friday. NXP Semiconductors has a fifty-two week low of $148.09 and a fifty-two week high of $255.45. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.20 and a current ratio of 2.37. The stock has a market cap of $48.91 billion, a P/E ratio of 24.05, a price-to-earnings-growth ratio of 2.53 and a beta of 1.47. The firm’s fifty day moving average price is $211.24 and its 200-day moving average price is $216.19.

NXP Semiconductors (NASDAQ:NXPI) last released its earnings results on Tuesday, October 28th. The semiconductor provider reported $3.11 EPS for the quarter, missing analysts’ consensus estimates of $3.12 by ($0.01). NXP Semiconductors had a net margin of 17.11% and a return on equity of 26.92%. The firm had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.15 billion. During the same period in the prior year, the company earned $3.45 EPS. The firm’s revenue was down 2.4% compared to the same quarter last year. On average, equities research analysts expect that NXP Semiconductors will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 10th will be paid a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, December 10th. NXP Semiconductors’s payout ratio is 50.12%.

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.