William Blair Expects Lower Earnings for STMicroelectronics

STMicroelectronics (NYSE:STM - Free Report) - Investment analysts at William Blair cut their Q1 2025 earnings per share estimates for shares of STMicroelectronics in a report issued on Monday, November 4th. William Blair analyst J. Dorsheimer now forecasts that the semiconductor producer will post earnings of $0.18 per share for the quarter, down from their prior estimate of $0.46. The consensus estimate for STMicroelectronics' current full-year earnings is $1.64 per share. William Blair also issued estimates for STMicroelectronics' Q2 2025 earnings at $0.25 EPS, Q4 2025 earnings at $0.43 EPS and FY2025 earnings at $1.26 EPS.

A number of other equities research analysts also recently issued reports on STM. Craig Hallum reduced their price target on shares of STMicroelectronics from $42.00 to $36.00 and set a "buy" rating for the company in a research report on Thursday, October 31st. Sanford C. Bernstein lowered their price target on shares of STMicroelectronics from $54.00 to $41.00 and set an "outperform" rating on the stock in a research report on Tuesday, July 30th. Robert W. Baird cut their price objective on STMicroelectronics from $35.00 to $30.00 and set a "neutral" rating for the company in a research report on Friday, November 1st. TD Cowen lowered their target price on STMicroelectronics from $50.00 to $40.00 and set a "buy" rating on the stock in a report on Friday, July 26th. Finally, Susquehanna dropped their price objective on STMicroelectronics from $35.00 to $33.00 and set a "positive" rating for the company in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $37.63.

STMicroelectronics Price Performance

Shares of STM traded up $0.64 during trading hours on Thursday, reaching $27.14. The company had a trading volume of 4,133,214 shares, compared to its average volume of 3,982,520. The company has a market capitalization of $24.52 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 3.16 and a beta of 1.57. STMicroelectronics has a 12-month low of $25.95 and a 12-month high of $51.27. The firm has a 50 day simple moving average of $28.38 and a 200-day simple moving average of $35.08. The company has a current ratio of 2.84, a quick ratio of 2.16 and a debt-to-equity ratio of 0.12.

STMicroelectronics (NYSE:STM - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The semiconductor producer reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.04. STMicroelectronics had a return on equity of 13.29% and a net margin of 16.11%. The firm had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.27 billion. During the same quarter in the prior year, the company posted $1.16 earnings per share. STMicroelectronics's quarterly revenue was down 26.6% on a year-over-year basis.

STMicroelectronics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Tuesday, December 17th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.33%. STMicroelectronics's dividend payout ratio is currently 12.35%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in STMicroelectronics by 41.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,026 shares of the semiconductor producer's stock worth $520,000 after buying an additional 3,542 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of STMicroelectronics in the first quarter worth about $113,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in STMicroelectronics in the first quarter valued at about $554,000. Janney Montgomery Scott LLC grew its stake in STMicroelectronics by 19.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 44,906 shares of the semiconductor producer's stock valued at $1,942,000 after purchasing an additional 7,168 shares in the last quarter. Finally, Signaturefd LLC grew its stake in STMicroelectronics by 2.5% during the 1st quarter. Signaturefd LLC now owns 21,784 shares of the semiconductor producer's stock valued at $942,000 after purchasing an additional 541 shares in the last quarter. 5.05% of the stock is owned by institutional investors and hedge funds.

STMicroelectronics Company Profile

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.