NXP Semiconductors N.V. (NASDAQ:NXPI) Stock Has Consensus Target Price of $302.30 According to Analysts

NXP Semiconductors N.V. (NASDAQ:NXPI - Get Free Report) has been given an average rating of "Moderate Buy" by the twenty-six research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and sixteen have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $302.30.

A number of equities research analysts recently commented on the company. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of NXP Semiconductors in a research note on Friday, July 31st. Bank of America reaffirmed a "neutral" rating on shares of NXP Semiconductors in a research note on Wednesday, July 29th. Cantor Fitzgerald reiterated an "overweight" rating on shares of NXP Semiconductors in a report on Tuesday, September 8th. UBS Group reiterated a "neutral" rating and issued a $270.00 target price (down from $305.00) on shares of NXP Semiconductors in a report on Monday, August 3rd. Finally, Morgan Stanley boosted their price target on shares of NXP Semiconductors from $335.00 to $338.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th.

Insider Activity

In other NXP Semiconductors news, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $226.04, for a total transaction of $226,040.00. Following the transaction, the executive vice president directly owned 7,942 shares in the company, valued at approximately $1,795,209.68. The trade was a 11.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher Jensen sold 3,355 shares of the business's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $240.00, for a total value of $805,200.00. Following the completion of the transaction, the executive vice president directly owned 288 shares of the company's stock, valued at approximately $69,120. The trade was a 92.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.05% of the company's stock.

Institutional Investors Weigh In On NXP Semiconductors

A number of hedge funds have recently modified their holdings of NXPI. Gamco Investors INC. ET AL raised its holdings in shares of NXP Semiconductors by 2.0% in the first quarter. Gamco Investors INC. ET AL now owns 2,305 shares of the semiconductor provider's stock valued at $454,000 after purchasing an additional 45 shares during the last quarter. Howard Financial Services LTD. boosted its position in NXP Semiconductors by 2.9% during the third quarter. Howard Financial Services LTD. now owns 1,736 shares of the semiconductor provider's stock valued at $412,000 after purchasing an additional 49 shares during the last quarter. Ballast Advisors LLC grew its stake in NXP Semiconductors by 0.7% in the first quarter. Ballast Advisors LLC now owns 9,078 shares of the semiconductor provider's stock valued at $1,787,000 after purchasing an additional 61 shares in the last quarter. Chicago Partners Investment Group LLC grew its stake in NXP Semiconductors by 6.1% in the first quarter. Chicago Partners Investment Group LLC now owns 1,200 shares of the semiconductor provider's stock valued at $236,000 after purchasing an additional 69 shares in the last quarter. Finally, Fulton Bank N.A. increased its position in shares of NXP Semiconductors by 2.0% during the 1st quarter. Fulton Bank N.A. now owns 4,317 shares of the semiconductor provider's stock worth $850,000 after purchasing an additional 84 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company's stock.

NXP Semiconductors Stock Up 3.2%

NASDAQ NXPI opened at $237.60 on Wednesday. The stock has a fifty day moving average of $229.90 and a 200-day moving average of $256.98. The stock has a market capitalization of $59.91 billion, a P/E ratio of 20.27, a price-to-earnings-growth ratio of 0.78 and a beta of 1.80. NXP Semiconductors has a 52 week low of $183.00 and a 52 week high of $339.95. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.36 and a current ratio of 2.04.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The semiconductor provider reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.52 by $0.09. The business had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.47 billion. NXP Semiconductors had a return on equity of 27.83% and a net margin of 22.56%. The firm's revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.72 earnings per share. On average, equities research analysts forecast that NXP Semiconductors will post 13.75 EPS for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Wednesday, September 16th were paid a dividend of $1.0140 per share. This represents a $4.06 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, September 16th. NXP Semiconductors's dividend payout ratio (DPR) is presently 34.64%.

NXP Semiconductors News Summary

Here are the key news stories impacting NXP Semiconductors this week:

• Positive Sentiment: TD Cowen maintained a Buy rating while lowering its price target from $290 to $275. The revised target still implies meaningful upside from the current trading level, signaling continued confidence in NXP’s longer-term prospects.
• Positive Sentiment: Frank Rimerman Advisors initiated a roughly $652,000 position in NXP during the third quarter. Although relatively small, the new institutional investment provides a modest positive sentiment signal. Frank Rimerman Advisors Investment Article
• Neutral Sentiment: GuruFocus estimated NXP’s GF Value at $250.62, above the referenced share price of $237.60, suggesting the stock may be modestly undervalued based on its valuation model. The measure is supportive but does not represent a change in company fundamentals. GuruFocus NXP Valuation Article
• Negative Sentiment: Wells Fargo cut its price target sharply from $280 to $235 and assigned an Equal Weight rating. The new target is slightly below the current price, reflecting a more cautious view. Wells Fargo NXP Price Target Article
• Negative Sentiment: NXP is scheduled to report earnings next week. While Wall Street expects earnings growth, Zacks said the company lacks the combination of factors that typically supports a likely earnings beat, increasing event risk ahead of the report. NXP Earnings Expectations Article
• Negative Sentiment: Exchange-traded funds were reported as net sellers of NXP, indicating some institutional selling pressure. ETF NXP Selling Article

NXP Semiconductors Company Profile

NXP Semiconductors N.V. is a global semiconductor company that develops technologies for automotive, industrial, communications infrastructure, mobile, and Internet of Things applications. The company provides processing, connectivity, security, sensing, and power-management solutions that help enable connected and automated systems.

Its product portfolio includes microcontrollers and application processors, automotive networking and radar solutions, secure identification and authentication technologies, near-field communication products, radio-frequency power amplifiers, analog and mixed-signal devices, and wireless connectivity solutions.

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