STMicroelectronics (NYSE:STM - Get Free Report) released its earnings results on Thursday. The semiconductor producer reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.02, Zacks reports. STMicroelectronics had a net margin of 16.11% and a return on equity of 13.29%. STMicroelectronics updated its Q1 2025 guidance to EPS.
STMicroelectronics Stock Down 0.5 %
STMicroelectronics stock traded down $0.12 during midday trading on Friday, hitting $22.41. 10,695,221 shares of the stock were exchanged, compared to its average volume of 6,862,971. STMicroelectronics has a 1 year low of $21.96 and a 1 year high of $49.05. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.84 and a quick ratio of 2.16. The firm has a market cap of $20.24 billion, a P/E ratio of 9.22, a P/E/G ratio of 4.36 and a beta of 1.52. The company has a 50 day moving average price of $25.29 and a two-hundred day moving average price of $28.14.
STMicroelectronics Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend is Tuesday, March 25th. STMicroelectronics's payout ratio is 14.81%.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on STM. Citigroup raised shares of STMicroelectronics to a "strong-buy" rating in a research note on Thursday, October 10th. BNP Paribas assumed coverage on STMicroelectronics in a research report on Tuesday, December 3rd. They set a "neutral" rating and a $28.00 price target for the company. Barclays downgraded STMicroelectronics from an "equal weight" rating to an "underweight" rating in a report on Wednesday, January 22nd. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of STMicroelectronics in a report on Monday, December 9th. Finally, Craig Hallum cut their price target on shares of STMicroelectronics from $42.00 to $36.00 and set a "buy" rating on the stock in a report on Thursday, October 31st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, STMicroelectronics currently has an average rating of "Hold" and an average price target of $33.40.
Get Our Latest Stock Report on STM
STMicroelectronics Company Profile
(
Get Free Report)
STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.
Further Reading
Before you consider STMicroelectronics, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and STMicroelectronics wasn't on the list.
While STMicroelectronics currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
