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.
NXP Semiconductors Stock Up 1.4 %
Shares of NXP Semiconductors stock opened at $182.76 on Friday. NXP Semiconductors has a 1 year low of $140.33 and a 1 year high of $239.91. The business has a 50-day moving average of $167.68 and a two-hundred day moving average of $177.90. The company has a market capitalization of $47.99 billion, a P/E ratio of 19.95, a price-to-earnings-growth ratio of 0.66 and a beta of 1.48. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.15 and a quick ratio of 1.65.
NXP Semiconductors (NASDAQ:NXPI - Get Rating) last announced its quarterly earnings results on Monday, July 25th. The semiconductor provider reported $3.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.05 by $0.50. The company had revenue of $3.31 billion during the quarter, compared to the consensus estimate of $3.27 billion. NXP Semiconductors had a return on equity of 49.45% and a net margin of 19.83%. The company's revenue for the quarter was up 27.3% compared to the same quarter last year. During the same period in the prior year, the company earned $2.05 earnings per share. As a group, equities analysts predict that NXP Semiconductors will post 12.72 EPS for the current year.
NXP Semiconductors Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 6th. Investors of record on Wednesday, June 15th were issued a dividend of $0.845 per share. The ex-dividend date was Tuesday, June 14th. This represents a $3.38 dividend on an annualized basis and a dividend yield of 1.85%. NXP Semiconductors's payout ratio is presently 36.90%.
Analyst Ratings Changes
A number of equities analysts have commented on NXPI shares. Deutsche Bank Aktiengesellschaft reduced their price objective on NXP Semiconductors from $225.00 to $195.00 in a research note on Wednesday, July 20th. Barclays reduced their price objective on NXP Semiconductors from $220.00 to $200.00 and set an "overweight" rating on the stock in a research note on Tuesday, June 21st. Cowen boosted their price objective on NXP Semiconductors from $190.00 to $200.00 in a research note on Wednesday, July 27th. Piper Sandler reduced their price objective on NXP Semiconductors from $210.00 to $175.00 in a research note on Tuesday, May 3rd. Finally, Morgan Stanley boosted their price objective on NXP Semiconductors from $180.00 to $183.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 27th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, NXP Semiconductors presently has an average rating of "Moderate Buy" and an average target price of $204.95.