STMicroelectronics N.V. (NYSE:STM) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Consensus "Moderate Buy" — 13 analysts cover STM with 10 buy ratings, 2 holds and 1 sell, and the average 12‑month target price is $49.07.
• Shares near 52‑week high but richly valued — STM opened at $55.80 (52‑week high $56.42) with a market cap of ~$50.1B and a P/E of 348.77 after reporting $0.13 EPS and $3.10B revenue for the quarter; analysts forecast about $1.09 EPS for the fiscal year.

Shares of STMicroelectronics N.V. (NYSE:STM - Get Free Report) have been assigned an average rating of "Moderate Buy" from the thirteen ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $49.0714.

Several equities research analysts recently weighed in on the stock. Weiss Ratings raised shares of STMicroelectronics from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, April 24th. Robert W. Baird set a $90.00 target price on shares of STMicroelectronics in a research note on Friday, April 24th. Morgan Stanley upgraded shares of STMicroelectronics from an "equal weight" rating to an "overweight" rating in a report on Thursday, March 26th. TD Cowen reiterated a "hold" rating on shares of STMicroelectronics in a report on Friday, April 24th. Finally, Mizuho set a $48.00 price target on shares of STMicroelectronics and gave the stock an "outperform" rating in a report on Thursday, April 16th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Midwest Trust Co grew its holdings in STMicroelectronics by 0.8% during the 1st quarter. Midwest Trust Co now owns 54,447 shares of the semiconductor producer's stock worth $1,881,000 after acquiring an additional 406 shares in the last quarter. Inspire Investing LLC grew its holdings in STMicroelectronics by 5.0% during the 1st quarter. Inspire Investing LLC now owns 10,261 shares of the semiconductor producer's stock worth $355,000 after acquiring an additional 488 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in STMicroelectronics by 13.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,405 shares of the semiconductor producer's stock worth $115,000 after acquiring an additional 509 shares in the last quarter. Earnest Partners LLC grew its holdings in STMicroelectronics by 3.2% during the 4th quarter. Earnest Partners LLC now owns 17,282 shares of the semiconductor producer's stock worth $448,000 after acquiring an additional 534 shares in the last quarter. Finally, Vident Advisory LLC grew its holdings in STMicroelectronics by 2.5% during the 3rd quarter. Vident Advisory LLC now owns 23,196 shares of the semiconductor producer's stock worth $656,000 after acquiring an additional 573 shares in the last quarter. Institutional investors and hedge funds own 5.05% of the company's stock.

STMicroelectronics Price Performance

Shares of STM opened at $55.80 on Friday. STMicroelectronics has a fifty-two week low of $21.11 and a fifty-two week high of $56.42. The firm's 50 day moving average price is $37.34 and its 200 day moving average price is $30.56. The company has a market cap of $50.12 billion, a P/E ratio of 348.77 and a beta of 1.88. The company has a quick ratio of 2.34, a current ratio of 3.31 and a debt-to-equity ratio of 0.12.

STMicroelectronics (NYSE:STM - Get Free Report) last announced its earnings results on Saturday, March 28th. The semiconductor producer reported $0.13 earnings per share for the quarter. STMicroelectronics had a net margin of 1.19% and a return on equity of 3.01%. The firm had revenue of $3.10 billion for the quarter. On average, research analysts forecast that STMicroelectronics will post 1.09 earnings per share for the current fiscal year.

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.

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