In today’s recent session, 1.51 million shares of the NXP Semiconductors NV (NASDAQ:NXPI) have been traded, and its beta is 1.59. Most recently the company’s share price was $235.18, and it changed around $9.57 or 4.24% from the last close, which brings the market valuation of the company to $60.23B. NXPI at last check was trading at a discount to its 52-week high of $264.26, offering almost -12.36% off that amount. The share price’s 52-week low was $155.31, which indicates that the recent value has risen by an impressive 33.96% since then. We note from NXP Semiconductors NV’s average daily trading volume that its 3-month average coming to 2.35 million.
NXP Semiconductors NV stock received a consensus recommendation rating of Hold, based on a mean score of 2.09. If we narrow it down even further, the data shows that 0 out of 17 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 15 recommended NXPI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. NXP Semiconductors NV is expected to report earnings per share of $3.16 for the current quarter.
NXP Semiconductors NV (NASDAQ:NXPI) trade information
Instantly NXPI has been showing a green trend so far today with a performance of 4.24% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 2.39% year-to-date, but still up 3.64% over the last five days. On the other hand, NXP Semiconductors NV (NASDAQ:NXPI) is -2.15% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $216.96, which translates to bulls needing to decrease their stock price by -8.4% from its current value. Analyst projections state that NXPI is forecast to be at a low of $150 and a high of $300.
NXP Semiconductors NV (NXPI) estimates and forecasts
NXP Semiconductors NV share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 28.97 percent over the past six months and at a -1.57% annual growth rate that is well above the industry average of -11.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -0.90% in revenue this quarter, and will report a decrease of -9.00% in the next quarter. The year-over-year growth rate is expected to be -1.60%, down from the previous year.
Consensus estimates provided by 23 financial analysts predict the company will bring in an average of $3.13 billion in revenue for the current quarter. 22 analysts expect NXP Semiconductors NV to make $3.13 billion in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $3 billion. Analysts predict that the company’s current quarter sales will jump, forecast at 4.10%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 9.82%. NXP Semiconductors NV earnings are expected to increase by -1.67% in 2024, but the outlook is positive 9.17% per year for the next five years.
NXPI Dividends
NXP Semiconductors NV’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 1.72 percent and its annual dividend per share was 4.06. It is important to note, however, that the 1.72% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
