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
A number of research analysts have issued reports on the stock. Citigroup lowered shares of NXP Semiconductors from a "buy" rating to a "neutral" rating and reduced their target price for the company from $240.00 to $190.00 in a report on Tuesday, April 19th. Oppenheimer cut their price objective on shares of NXP Semiconductors from $235.00 to $210.00 in a report on Thursday, April 28th. Mizuho cut their price objective on shares of NXP Semiconductors from $205.00 to $200.00 and set a "neutral" rating on the stock in a report on Wednesday, July 27th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of NXP Semiconductors from $225.00 to $195.00 in a report on Wednesday, July 20th. Finally, The Goldman Sachs Group cut their price objective on shares of NXP Semiconductors from $181.00 to $150.00 in a report on Friday, July 15th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $204.95.
NXP Semiconductors Stock Up 0.2 %
NXPI Stock opened at $180.38 on Friday. NXP Semiconductors has a twelve month low of $140.33 and a twelve month high of $239.91. The company has a current ratio of 2.15, a quick ratio of 1.65 and a debt-to-equity ratio of 1.54. The company has a market capitalization of $47.37 billion, a P/E ratio of 19.70, a PEG ratio of 0.61 and a beta of 1.48. The firm has a 50 day simple moving average of $167.46 and a 200-day simple moving average of $178.41.
NXP Semiconductors (NASDAQ:NXPI - Get Rating) last released its quarterly earnings results on Monday, July 25th. The semiconductor provider reported $3.55 earnings per share for the quarter, topping analysts' consensus estimates of $3.05 by $0.50. NXP Semiconductors had a net margin of 19.83% and a return on equity of 49.45%. The business had revenue of $3.31 billion during the quarter, compared to the consensus estimate of $3.27 billion. During the same quarter last year, the company earned $2.05 earnings per share. The business's quarterly revenue was up 27.3% compared to the same quarter last year. On average, equities research analysts predict that NXP Semiconductors will post 12.72 earnings per share for the current fiscal year.
NXP Semiconductors Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 6th. Investors of record on Wednesday, June 15th were paid a dividend of $0.845 per share. This represents a $3.38 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend was Tuesday, June 14th. NXP Semiconductors's dividend payout ratio (DPR) is presently 36.90%.