NXP Semiconductors (NASDAQ:NXPI - Get Free Report) will be releasing its earnings data after the market closes on Monday, November 4th. Analysts expect NXP Semiconductors to post earnings of $3.03 per share for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.
NXP Semiconductors Stock Performance
Shares of NASDAQ NXPI traded up $6.54 during midday trading on Monday, hitting $249.70. 2,802,868 shares of the company's stock traded hands, compared to its average volume of 2,259,346. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.52 and a current ratio of 2.21. NXP Semiconductors has a 1 year low of $167.21 and a 1 year high of $296.08. The stock has a market capitalization of $63.61 billion, a price-to-earnings ratio of 23.34, a price-to-earnings-growth ratio of 2.63 and a beta of 1.49. The firm has a fifty day moving average of $238.20 and a 200 day moving average of $252.78.
NXP Semiconductors Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Investors of record on Thursday, September 12th were issued a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.62%. The ex-dividend date was Thursday, September 12th. NXP Semiconductors's dividend payout ratio is currently 37.94%.
Insider Activity
In other news, EVP Jennifer Wuamett sold 3,500 shares of the business's stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total value of $813,225.00. Following the completion of the sale, the executive vice president now directly owns 30,269 shares in the company, valued at approximately $7,033,002.15. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other NXP Semiconductors news, insider Julie Southern acquired 146 shares of NXP Semiconductors stock in a transaction dated Tuesday, July 30th. The stock was bought at an average cost of $257.54 per share, with a total value of $37,600.84. Following the completion of the transaction, the insider now owns 11,297 shares of the company's stock, valued at $2,909,429.38. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jennifer Wuamett sold 3,500 shares of the business's stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $232.35, for a total transaction of $813,225.00. Following the transaction, the executive vice president now directly owns 30,269 shares in the company, valued at $7,033,002.15. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.11% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on NXPI shares. StockNews.com downgraded NXP Semiconductors from a "buy" rating to a "hold" rating in a research report on Friday, August 2nd. Cantor Fitzgerald reduced their target price on NXP Semiconductors from $350.00 to $270.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 8th. Barclays lifted their price target on shares of NXP Semiconductors from $280.00 to $330.00 and gave the company an "overweight" rating in a research note on Thursday, July 18th. The Goldman Sachs Group lowered their price objective on shares of NXP Semiconductors from $285.00 to $277.00 in a research note on Friday, October 11th. Finally, Truist Financial lowered their price objective on shares of NXP Semiconductors from $291.00 to $287.00 and set a "buy" rating for the company in a research note on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $288.90.
Read Our Latest Analysis on NXPI
NXP Semiconductors Company Profile
(
Get Free Report)
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.
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