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. The company's product solutions are used in a range of applications, including automotive, industrial and Internet of Things, mobile, and communication infrastructure. The company markets its products to various original equipment manufacturers, contract manufacturers, and distributors. It operates in China, the Netherlands, the United States, Singapore, Germany, Japan, South Korea, Malaysia, and internationally. The company was formerly known as KASLION Acquisition B.V and changed its name to NXP Semiconductors N.V. in May 2010. NXP Semiconductors N.V. was incorporated in 2006 and is headquartered in Eindhoven, the Netherlands.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the stock. Susquehanna decreased their price objective on shares of NXP Semiconductors from $225.00 to $200.00 and set a "neutral" rating for the company in a research report on Wednesday, May 4th. Oppenheimer dropped their price objective on NXP Semiconductors from $235.00 to $210.00 in a research note on Thursday, April 28th. Piper Sandler decreased their target price on NXP Semiconductors from $210.00 to $175.00 in a research note on Tuesday, May 3rd. Wells Fargo & Company dropped their price target on NXP Semiconductors from $240.00 to $200.00 and set an "overweight" rating on the stock in a research note on Monday, July 11th. Finally, Cowen raised their price objective on shares of NXP Semiconductors from $190.00 to $200.00 in a research report on Wednesday, July 27th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $204.95.
NXP Semiconductors Stock Up 3.9 %
NXPI Stock traded up $7.09 during mid-day trading on Friday, reaching $187.47. 2,086,006 shares of the company traded hands, compared to its average volume of 2,452,997. The company has a quick ratio of 1.65, a current ratio of 2.15 and a debt-to-equity ratio of 1.54. The firm's 50 day moving average price is $167.42 and its 200 day moving average price is $178.20. The stock has a market cap of $49.23 billion, a price-to-earnings ratio of 20.47, a P/E/G ratio of 0.64 and a beta of 1.48. NXP Semiconductors has a fifty-two week low of $140.33 and a fifty-two week high of $239.91.
NXP Semiconductors (NASDAQ:NXPI - Get Rating) last announced its earnings results on Monday, July 25th. The semiconductor provider reported $3.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.50. NXP Semiconductors had a return on equity of 49.45% and a net margin of 19.83%. The company had revenue of $3.31 billion for the quarter, compared to analysts' expectations of $3.27 billion. During the same quarter in the previous year, the firm earned $2.05 earnings per share. NXP Semiconductors's quarterly revenue was up 27.3% on a year-over-year basis. As a group, equities research analysts predict that NXP Semiconductors will post 12.72 EPS for the current fiscal year.
NXP Semiconductors Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, July 6th. Investors of record on Wednesday, June 15th were given a dividend of $0.845 per share. This represents a $3.38 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date was Tuesday, June 14th. NXP Semiconductors's payout ratio is currently 36.90%.