NXP Semiconductors N.V. (NASDAQ:NXPI) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts assign a consensus Moderate Buy rating on NXP (20 analysts: 14 buy, 5 hold, 1 strong buy) with an average 12‑month target price of $253.67.
• NXP slightly beat its latest quarter (EPS $3.35 vs $3.31; revenue $3.34B vs $3.30B), with revenue up 7.2% year‑over‑year; the stock trades around $194.55, market cap ~$49.2B and P/E ~24.5.
• The company announced a quarterly dividend of $1.014 (annualized $4.06, yield ~2.1%, ex‑dividend Mar 25), while institutional ownership is very high (~90.5%) as major funds increased stakes and insiders hold just 0.12%.

Shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Get Free Report) have been assigned an average rating of "Moderate Buy" from the twenty brokerages that are presently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $253.6667.

Several research analysts have recently weighed in on the stock. Morgan Stanley reissued an "overweight" rating on shares of NXP Semiconductors in a research report on Friday, January 16th. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of NXP Semiconductors in a research note on Tuesday, February 3rd. Truist Financial lowered their price objective on shares of NXP Semiconductors from $265.00 to $255.00 and set a "buy" rating on the stock in a research report on Tuesday, February 3rd. Mizuho cut their target price on shares of NXP Semiconductors from $285.00 to $255.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 4th. Finally, Wells Fargo & Company increased their target price on NXP Semiconductors from $260.00 to $265.00 and gave the company an "overweight" rating in a report on Thursday, January 15th.

NXP Semiconductors Stock Performance

Shares of NASDAQ NXPI opened at $194.55 on Friday. The company has a quick ratio of 1.38, a current ratio of 2.05 and a debt-to-equity ratio of 1.09. NXP Semiconductors has a 12 month low of $148.09 and a 12 month high of $256.36. The company has a market cap of $49.16 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 0.87 and a beta of 1.46. The business has a fifty day simple moving average of $216.09 and a 200-day simple moving average of $218.16.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The semiconductor provider reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.04. NXP Semiconductors had a return on equity of 26.72% and a net margin of 16.47%.The firm had revenue of $3.34 billion for the quarter, compared to the consensus estimate of $3.30 billion. During the same quarter in the previous year, the company earned $3.18 EPS. The business's revenue for the quarter was up 7.2% compared to the same quarter last year. Sell-side analysts predict that NXP Semiconductors will post 10.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Wednesday, March 25th will be paid a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, March 25th. NXP Semiconductors's dividend payout ratio is currently 51.13%.

Insider Buying and Selling

In other NXP Semiconductors news, EVP Andrew Micallef sold 1,000 shares of the firm's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $194.58, for a total transaction of $194,580.00. Following the completion of the sale, the executive vice president directly owned 9,942 shares in the company, valued at approximately $1,934,514.36. This trade represents a 9.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.12% of the company's stock.

Institutional Trading of NXP Semiconductors

A number of hedge funds have recently made changes to their positions in NXPI. Vanguard Group Inc. increased its stake in NXP Semiconductors by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 13,612,546 shares of the semiconductor provider's stock valued at $2,954,739,000 after buying an additional 293,558 shares during the period. Wellington Management Group LLP increased its stake in shares of NXP Semiconductors by 11.9% in the third quarter. Wellington Management Group LLP now owns 12,583,718 shares of the semiconductor provider's stock worth $2,865,690,000 after acquiring an additional 1,333,920 shares during the last quarter. State Street Corp increased its stake in shares of NXP Semiconductors by 0.5% in the fourth quarter. State Street Corp now owns 11,043,159 shares of the semiconductor provider's stock worth $2,407,382,000 after acquiring an additional 55,098 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of NXP Semiconductors by 1.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,849,741 shares of the semiconductor provider's stock worth $1,703,865,000 after acquiring an additional 121,419 shares in the last quarter. Finally, Invesco Ltd. boosted its position in NXP Semiconductors by 17.2% during the fourth quarter. Invesco Ltd. now owns 5,574,672 shares of the semiconductor provider's stock valued at $1,210,038,000 after purchasing an additional 818,985 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

About NXP Semiconductors

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP's offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.

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