STMicroelectronics N.V. (NYSE:STM) Receives Average Rating of “Hold” from Analysts

Shares of STMicroelectronics N.V. (NYSE:STM) have earned an average rating of “Hold” from the fourteen ratings firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $31.9286.

STM has been the topic of several recent analyst reports. Mizuho set a $28.00 price target on STMicroelectronics in a report on Friday, January 9th. Robert W. Baird set a $45.00 price objective on STMicroelectronics in a report on Friday, October 24th. Susquehanna raised their target price on shares of STMicroelectronics from $35.00 to $40.00 and gave the company a “positive” rating in a research note on Wednesday, October 22nd. TD Cowen reiterated a “hold” rating on shares of STMicroelectronics in a research report on Friday, October 24th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of STMicroelectronics in a research note on Wednesday, January 21st.

STMicroelectronics Stock Up 0.0%

Shares of NYSE:STM opened at $33.62 on Monday. The firm has a fifty day moving average price of $28.09 and a two-hundred day moving average price of $26.74. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.36 and a quick ratio of 2.43. STMicroelectronics has a one year low of $17.25 and a one year high of $35.07. The company has a market cap of $30.20 billion, a price-to-earnings ratio of 186.81 and a beta of 1.59.

STMicroelectronics (NYSE:STM) last released its quarterly earnings results on Thursday, January 29th. The semiconductor producer reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.16). STMicroelectronics had a return on equity of 2.70% and a net margin of 1.41%.The firm had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.29 billion. Analysts anticipate that STMicroelectronics will post 0.85 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Abound Wealth Management purchased a new position in shares of STMicroelectronics in the 4th quarter worth about $26,000. CIBC Private Wealth Group LLC lifted its position in STMicroelectronics by 3,746.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,000 shares of the semiconductor producer’s stock worth $26,000 after buying an additional 974 shares during the last quarter. Peterson Wealth Services boosted its stake in STMicroelectronics by 3,086.5% in the third quarter. Peterson Wealth Services now owns 1,179 shares of the semiconductor producer’s stock worth $33,000 after buying an additional 1,142 shares in the last quarter. Rothschild Investment LLC grew its position in STMicroelectronics by 248.4% during the second quarter. Rothschild Investment LLC now owns 1,303 shares of the semiconductor producer’s stock valued at $40,000 after acquiring an additional 929 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in STMicroelectronics during the third quarter valued at approximately $52,000. Institutional investors own 5.05% of the company’s stock.

About STMicroelectronics

STMicroelectronics is a global semiconductor company headquartered in Geneva, Switzerland, formed through the 1987 merger of SGS Microelettronica and Thomson Semiconducteurs. The company designs, develops and manufactures a broad range of semiconductor products and solutions that serve multiple end markets worldwide. ST’s offerings span from basic components to integrated systems, emphasizing energy-efficient and high-performance devices for modern electronics.

Product categories include microcontrollers (notably the widely used STM32 family), analog and mixed-signal ICs, power MOSFETs and power-management devices, MEMS and sensors, image sensors, and discrete semiconductors.