NXP Semiconductors (NASDAQ:NXPI) Receives $267.00 Consensus PT from Analysts

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) has received an average rating of "Moderate Buy" from the nineteen analysts that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $267.00.

Several brokerages have recently weighed in on NXPI. JPMorgan Chase & Co. lowered their target price on NXP Semiconductors from $260.00 to $240.00 and set a "neutral" rating on the stock in a report on Wednesday, February 5th. TD Cowen decreased their price target on NXP Semiconductors from $300.00 to $285.00 and set a "buy" rating on the stock in a research note on Friday, November 8th. Citigroup raised NXP Semiconductors from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $210.00 to $290.00 in a research report on Thursday, February 20th. Susquehanna decreased their target price on shares of NXP Semiconductors from $235.00 to $225.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 5th. Finally, Loop Capital began coverage on shares of NXP Semiconductors in a research note on Monday, November 11th. They issued a "buy" rating and a $300.00 price target on the stock.

NXP Semiconductors Price Performance

NXPI traded down $1.41 on Friday, hitting $214.18. 1,725,248 shares of the company's stock were exchanged, compared to its average volume of 2,912,768. NXP Semiconductors has a fifty-two week low of $198.21 and a fifty-two week high of $296.08. The stock has a market cap of $54.32 billion, a price-to-earnings ratio of 22.00, a P/E/G ratio of 3.01 and a beta of 1.46. The firm has a 50-day moving average price of $216.03 and a 200-day moving average price of $227.24. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09.

Institutional Investors Weigh In On NXP Semiconductors

Several institutional investors have recently added to or reduced their stakes in the business. ORG Wealth Partners LLC grew its position in shares of NXP Semiconductors by 915.4% in the 4th 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. Sound Income Strategies LLC increased its position 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 worth $29,000 after purchasing an additional 88 shares in the last quarter. Smithfield Trust Co purchased a new stake in shares of NXP Semiconductors in the 4th quarter valued at about $32,000. Runnymede Capital Advisors Inc. acquired a new stake in shares of NXP Semiconductors in the 4th quarter valued at about $32,000. Finally, FSA Wealth Management LLC purchased a new position in NXP Semiconductors during the 3rd quarter worth approximately $33,000. 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.