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NYSE:STM

STMicroelectronics (STM) Stock Price, News & Analysis

$33.98
+0.52 (+1.55%)
(As of 07/26/2024 ET)
Today's Range
$33.16
$33.99
50-Day Range
$33.47
$45.23
52-Week Range
$33.16
$55.85
Volume
5.58 million shs
Average Volume
3.54 million shs
Market Capitalization
$30.70 billion
P/E Ratio
8.71
Dividend Yield
1.06%
Price Target
$48.56

STMicroelectronics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
28.2% Upside
$43.56 Price Target
Short Interest
Healthy
1.11% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.46mentions of STMicroelectronics in the last 14 days
Based on 30 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
38.50%
From $2.13 to $2.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.22 out of 5 stars

Computer And Technology Sector

161st out of 612 stocks

Semiconductors & Related Devices Industry

29th out of 89 stocks

STM stock logo

About STMicroelectronics Stock (NYSE:STM)

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The Automotive and Discrete Group segment offers automotive integrated circuits (ICs), and discrete and power transistor products. The Analog, MEMS and Sensors Group segment provides industrial application-specific integrated circuits (ASICs) and application-specific standard products (ASSPs); general purpose analog products; custom analog ICs; wireless charging solutions; galvanic isolated gate drivers; low and high voltage amplifiers, comparators, and current-sense amplifiers; MasterGaN, a solution that integrates a silicon driver and GaN power transistors in a single package; wireline and wireless connectivity ICs; touch screen controllers; micro-electro-mechanical systems (MEMS) products, including sensors or actuators; and optical sensing solutions. The Microcontrollers and Digital ICs Group segment offers general purpose and secure microcontrollers; and radio frequency (RF) products. It also offers application-specific standard products for analog, digital and mixed-signal applications. In addition, the company provides assembly and other services. It sells its products through distributors and retailers, as well as through sales representatives. The company serves automotive, industrial, personal electronics and communications equipment, and computers and peripherals markets. STMicroelectronics N.V. was incorporated in 1987 and is headquartered in Geneva, Switzerland.

STM Stock Price History

STM Stock News Headlines

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The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
STMicroelectronics N.V. (STMN.MX)
STMicroelectronics (STM) Set to Announce Earnings on Thursday
See More Headlines
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Company Calendar

Ex-Dividend for 7/2 Dividend
6/25/2024
Dividend Payable
7/02/2024
Last Earnings
7/25/2024
Today
7/26/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Employees
51,323
Year Founded
1987

Price Target and Rating

Average Stock Price Target
$43.56
High Stock Price Target
$55.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+44.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$4.21 billion
Pretax Margin
25.06%

Debt

Sales & Book Value

Annual Sales
$16.50 billion
Cash Flow
$5.45 per share
Book Value
$18.67 per share

Miscellaneous

Free Float
N/A
Market Cap
$30.45 billion
Optionable
Optionable
Beta
1.59

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Key Executives

  • Mr. Jean-Marc Chery (Age 64)
    Chairman of the Managing Board, President & CEO
    Comp: $5.46M
  • Mr. Lorenzo Grandi (Age 63)
    President of Finance, Purchasing, ERM & Resilience CFO and Member of the Managing Board
  • Mr. Fabio Gualandris (Age 65)
    President of Quality, Manufacturing & Technology
  • Ms. Celine Berthier
    Group Vice President of Investor Relations
  • Mr. Philippe Dereeper
    Chief Ethics & Compliance Officer and Executive Secretary
  • Mr. Steven Rose (Age 62)
    President of Legal Counsel & Public Affairs
  • Ms. Claudia Levo (Age 59)
    Executive Vice President of Integrated Marketing & Communications
  • Mr. Jerome Roux (Age 59)
    President of Sales & Marketing
  • Mr. Chouaib Rokbi (Age 53)
    Executive VP of Digital Transformation & Information Technology and Corporate Development
  • Ms. Rajita D'Souza (Age 51)
    CHRO and President of Human Resources & Corporate Social Responsibility

Should I Buy STMicroelectronics Stock? STM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in STMicroelectronics:

  • STMicroelectronics has a strong net margin of 22.30% and a return on equity of 22.95%, indicating efficient use of resources and profitability.
  • Recent institutional inflows from large investors like Van ECK Associates Corp and Lazard Asset Management LLC demonstrate confidence in the company's future growth potential.
  • Despite missing earnings estimates, STMicroelectronics' revenue of $3.47 billion for the quarter shows resilience in a challenging market environment.
  • Analysts forecast an EPS of 2.13 for the current fiscal year, suggesting potential for improved performance and shareholder returns.
  • STMicroelectronics' diverse geographic presence across Europe, the Americas, and Asia Pacific provides exposure to multiple markets, reducing regional risk.

Cons

Investors should be bearish about investing in STMicroelectronics for these reasons:

  • The company's revenue for the quarter was down 18.4% compared to the same period last year, indicating a decline in top-line growth.
  • STMicroelectronics missed analysts' consensus EPS estimate, which could lead to short-term market volatility and investor uncertainty.
  • While institutional inflows have been positive, the stock price performance in recent periods may not reflect immediate investor confidence.
  • Market competition in the semiconductor industry is intense, potentially impacting STMicroelectronics' market share and pricing power.
  • Investors should carefully monitor macroeconomic factors that could influence semiconductor demand and pricing, affecting STMicroelectronics' financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these STMicroelectronics pros and cons to contact@marketbeat.com.

STM Stock Analysis - Frequently Asked Questions

How have STM shares performed this year?

STMicroelectronics' stock was trading at $50.13 at the start of the year. Since then, STM stock has decreased by 32.2% and is now trading at $33.99.
View the best growth stocks for 2024 here
.

How were STMicroelectronics' earnings last quarter?

STMicroelectronics (NYSE:STM) released its quarterly earnings data on Thursday, July, 25th. The semiconductor producer reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.04. STMicroelectronics's revenue was down 25.3% compared to the same quarter last year.

What is Jean Marc Chery's approval rating as STMicroelectronics' CEO?

72 employees have rated STMicroelectronics Chief Executive Officer Jean Marc Chery on Glassdoor.com. Jean Marc Chery has an approval rating of 91% among the company's employees. This puts Jean Marc Chery in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does STMicroelectronics have any subsidiaries?

The following companies are subsidiaries of STMicroelectronics: Wisebatt, Cartesiam, SOMOS, BeSpoon, Riot Micro, Exagan, Norstel, and more.

Who are STMicroelectronics' major shareholders?

Top institutional investors of STMicroelectronics include Bank of New York Mellon Corp (0.03%), Raymond James & Associates (0.02%), Private Advisory Group LLC (0.02%) and QRG Capital Management Inc. (0.01%).
View institutional ownership trends
.

How do I buy shares of STMicroelectronics?

Shares of STM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of STMicroelectronics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that STMicroelectronics investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and Micron Technology (MU).

This page (NYSE:STM) was last updated on 7/26/2024 by MarketBeat.com Staff

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