Wall Street analysts predict that NXP Semiconductors N.V. (NASDAQ:NXPI) will post earnings per share of $1.32 for the current quarter, Zacks reports. Six analysts have provided estimates for NXP Semiconductors N.V.’s earnings, with the lowest EPS estimate coming in at $1.23 and the highest estimate coming in at $1.40. NXP Semiconductors N.V. reported earnings per share of $1.16 during the same quarter last year, which suggests a positive year-over-year growth rate of 13.8%. The firm is expected to report its next earnings report on Wednesday, July 26th.
According to Zacks, analysts expect that NXP Semiconductors N.V. will report full year earnings of $5.54 per share for the current fiscal year, with EPS estimates ranging from $5.41 to $5.64. For the next financial year, analysts forecast that the business will report earnings of $6.50 per share, with EPS estimates ranging from $6.13 to $7.09. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow NXP Semiconductors N.V..
Several analysts have recently issued reports on NXPI shares. Zacks Investment Research raised shares of NXP Semiconductors N.V. from a “hold” rating to a “buy” rating and set a $119.00 price objective for the company in a research note on Tuesday, May 9th. Nomura cut shares of NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating in a research note on Monday, May 8th. Needham & Company LLC reissued a “strong-buy” rating and set a $110.00 price objective on shares of NXP Semiconductors N.V. in a research note on Wednesday, March 8th. Instinet cut shares of NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating in a research note on Monday, May 15th. Finally, Mizuho reissued a “hold” rating and set a $110.00 price objective on shares of NXP Semiconductors N.V. in a research note on Wednesday, May 31st. One equities research analyst has rated the stock with a sell rating, nineteen have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $109.61.
NXP Semiconductors N.V. (NXPI) traded up 0.08% on Tuesday, reaching $109.24. The company’s stock had a trading volume of 506,001 shares. NXP Semiconductors N.V. has a 52 week low of $73.62 and a 52 week high of $109.90. The firm has a 50 day moving average price of $107.94 and a 200 day moving average price of $102.87. The stock has a market capitalization of $27.50 billion, a P/E ratio of 20.00 and a beta of 0.92.
Institutional investors have recently modified their holdings of the company. Welch & Forbes LLC purchased a new position in shares of NXP Semiconductors N.V. during the first quarter worth approximately $204,000. Boston Family Office LLC purchased a new position in shares of NXP Semiconductors N.V. during the first quarter worth approximately $207,000. Assetmark Inc. raised its position in shares of NXP Semiconductors N.V. by 3.3% in the first quarter. Assetmark Inc. now owns 2,060 shares of the semiconductor provider’s stock worth $213,000 after buying an additional 66 shares in the last quarter. AQR Capital Management LLC purchased a new position in shares of NXP Semiconductors N.V. during the fourth quarter worth approximately $210,000. Finally, Private Trust Co. NA purchased a new position in shares of NXP Semiconductors N.V. during the first quarter worth approximately $228,000. Hedge funds and other institutional investors own 76.84% of the company’s stock.
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NXP Semiconductors N.V. Company Profile
NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.
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