NXP Semiconductors (NASDAQ:NXPI) Reaches New 12-Month Low - Should You Sell?

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) shares hit a new 52-week low on Monday . The stock traded as low as $198.21 and last traded at $204.90, with a volume of 716310 shares trading hands. The stock had previously closed at $208.55.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Stifel Nicolaus dropped their price target on shares of NXP Semiconductors from $231.00 to $210.00 and set a "hold" rating for the company in a research note on Wednesday. Cantor Fitzgerald restated an "overweight" rating and set a $250.00 target price on shares of NXP Semiconductors in a research report on Tuesday. Oppenheimer cut their target price on NXP Semiconductors from $330.00 to $300.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 6th. The Goldman Sachs Group upgraded NXP Semiconductors from a "neutral" rating to a "buy" rating and dropped their price objective for the company from $260.00 to $257.00 in a report on Friday, January 10th. Finally, Loop Capital started coverage on NXP Semiconductors in a research note on Monday, November 11th. They issued a "buy" rating and a $300.00 target price on the stock. Six investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, NXP Semiconductors presently has an average rating of "Moderate Buy" and a consensus target price of $263.15.

NXP Semiconductors Trading Up 1.7 %

The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $55.11 billion, a P/E ratio of 20.69, a price-to-earnings-growth ratio of 3.14 and a beta of 1.46. The company has a 50-day moving average price of $214.42 and a 200 day moving average price of $230.24.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, beating the consensus estimate of $3.43 by $0.02. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. The business had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.25 billion. During the same period in the prior year, the firm posted $3.31 earnings per share. The company's quarterly revenue was down 5.4% on a year-over-year basis. On average, research analysts forecast that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were paid a $1.014 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 annualized dividend and a yield of 1.87%. NXP Semiconductors's dividend payout ratio (DPR) is 38.74%.

Institutional Trading of NXP Semiconductors

Hedge funds and other institutional investors have recently made changes to their positions in the business. ORG Wealth Partners LLC raised its stake in NXP Semiconductors by 915.4% in the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider's stock valued at $27,000 after buying an additional 119 shares during the last quarter. FSA Wealth Management LLC purchased a new stake in shares of NXP Semiconductors during the third quarter worth about $33,000. Sound Income Strategies LLC increased its holdings in shares of NXP Semiconductors by 169.2% during the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider's stock valued at $29,000 after acquiring an additional 88 shares in the last quarter. Smithfield Trust Co purchased a new position in shares of NXP Semiconductors in the 4th quarter valued at approximately $32,000. Finally, Brooklyn Investment Group boosted its stake in NXP Semiconductors by 69.5% in the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider's stock worth $33,000 after purchasing an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 90.54% of the company's stock.

About NXP Semiconductors

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.