NXP Semiconductors N.V. (NASDAQ:NXPI) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of NXP Semiconductors N.V. (NASDAQ:NXPI – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the twenty-six research firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, nine have issued a hold rating and sixteen have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $305.65.

Several equities research analysts have weighed in on NXPI shares. Citigroup reissued a “neutral” rating on shares of NXP Semiconductors in a report on Monday, July 13th. JPMorgan Chase & Co. upped their price objective on shares of NXP Semiconductors from $295.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. TD Cowen decreased their price objective on shares of NXP Semiconductors from $340.00 to $290.00 and set a “buy” rating for the company in a research report on Wednesday, July 29th. Susquehanna lifted their target price on shares of NXP Semiconductors from $210.00 to $250.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Finally, Stifel Nicolaus set a $282.00 target price on shares of NXP Semiconductors in a research report on Wednesday, July 29th.

View Our Latest Report on NXPI

Insider Activity at NXP Semiconductors

In other NXP Semiconductors news, EVP Andrew Micallef sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $226.04, for a total value of $226,040.00. Following the sale, the executive vice president directly owned 7,942 shares of the company’s stock, valued at approximately $1,795,209.68. This represents a 11.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is owned by company insiders.

Institutional Trading of NXP Semiconductors

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NXPI. SHP Wealth Management purchased a new stake in shares of NXP Semiconductors during the fourth quarter worth approximately $27,000. Allied Private Wealth LLC acquired a new position in NXP Semiconductors in the 2nd quarter valued at $28,000. Fiduciary Financial Advisors purchased a new position in NXP Semiconductors in the 2nd quarter valued at $28,000. Bell Investment Advisors Inc purchased a new position in NXP Semiconductors in the 2nd quarter valued at $29,000. Finally, Midwest Professional Planners LTD. acquired a new stake in NXP Semiconductors during the 2nd quarter worth $29,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

Shares of NXP Semiconductors stock opened at $237.53 on Friday. The company has a current ratio of 2.04, a quick ratio of 1.36 and a debt-to-equity ratio of 0.88. The stock’s fifty day moving average price is $233.09 and its 200-day moving average price is $253.07. The firm has a market cap of $59.90 billion, a P/E ratio of 20.27, a P/E/G ratio of 0.80 and a beta of 1.81. NXP Semiconductors has a 12 month low of $183.00 and a 12 month high of $339.95.

NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The semiconductor provider reported $3.61 earnings per share for the quarter, topping the consensus estimate of $3.52 by $0.09. The firm had revenue of $3.50 billion during the quarter, compared to analysts’ expectations of $3.47 billion. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. The company’s revenue was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.72 EPS. On average, equities research analysts expect that NXP Semiconductors will post 13.73 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be given a $1.0140 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $4.06 dividend on an annualized basis and a yield of 1.7%. NXP Semiconductors’s dividend payout ratio is currently 34.64%.

About NXP Semiconductors

(Get Free Report)

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands. The company develops and supplies secure connectivity and processing solutions for automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure applications.

Its product portfolio includes microcontrollers and application processors, automotive networking and processing chips, analog and power-management devices, radio-frequency and wireless connectivity products, sensors, and embedded security solutions.

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Analyst Recommendations for NXP Semiconductors (NASDAQ:NXPI)

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