STMicroelectronics (STM) Stock Price, News & Analysis

Company Overview

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. The Automotive and Discrete Group segment offers automotive integrated circuits (ICs), and discrete and power transistor products. The Analog, MEMS and Sensors Group segment provides industrial application-specific integrated circuits (ASICs) and application-specific standard products (ASSPs); general purpose analog products; custom analog ICs; wireless charging solutions; galvanic isolated gate drivers; low and high voltage amplifiers, comparators, and current-sense amplifiers; MasterGaN, a solution that integrates a silicon driver and GaN power transistors in a single package; wireline and wireless connectivity ICs; touch screen controllers; micro-electro-mechanical systems (MEMS) products, including sensors or actuators; and optical sensing solutions. The Microcontrollers and Digital ICs Group segment offers general purpose and secure microcontrollers; and radio frequency (RF) products. It also offers application-specific standard products for analog, digital and mixed-signal applications. In addition, the company provides assembly and other services. It sells its products through distributors and retailers, as well as through sales representatives. The company serves automotive, industrial, personal electronics and communications equipment, and computers and peripherals markets. STMicroelectronics N.V. was incorporated in 1987 and is headquartered in Geneva, Switzerland.

Key Stats

• Today's Range: $27.89 to $28.75
• 50-Day Range: $27.85 to $42.72
• 52-Week Range: $27.44 to $51.27
• Volume: 3.87 million shs
• Average Volume: 3.80 million shs
• Market Capitalization: $25.27 billion
• P/E Ratio: 7.17
• Dividend Yield: 1.07%
• Price Target: $43.13
• Consensus Rating: Moderate Buy

STMicroelectronics Stock Analysis - MarketRank™

STMicroelectronics scored higher than 79% of companies evaluated by MarketBeat, and ranked 233rd out of 671 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

STMicroelectronics has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

STMicroelectronics has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 28.92%

Earnings Growth

Earnings for STMicroelectronics are expected to grow by 28.92% in the coming year, from $1.66 to $2.14 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of STMicroelectronics is 7.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of STMicroelectronics is 7.17, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 271.79.

Price to Earnings Growth Ratio

STMicroelectronics has a PEG Ratio of 3.36. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

STMicroelectronics has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.81% of the float of STMicroelectronics has been sold short.

Short Interest Ratio / Days to Cover

STMicroelectronics has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in STMicroelectronics has recently increased by 9.23%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

STMicroelectronics pays a meaningful dividend of 1.09%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

STMicroelectronics does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of STMicroelectronics is 7.69%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, STMicroelectronics will have a dividend payout ratio of 14.02% next year. This indicates that STMicroelectronics will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.81% of the float of STMicroelectronics has been sold short.

Short Interest Ratio / Days to Cover

STMicroelectronics has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in STMicroelectronics has recently increased by 9.23%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.07

News Sentiment

STMicroelectronics has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 32 news articles for STMicroelectronics this week, compared to 7 articles on an average week.

Search Interest

Only 32 people have searched for STM on MarketBeat in the last 30 days. This is a decrease of -3% compared to the previous 30 days.

MarketBeat Follows

Only 11 people have added STMicroelectronics to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, STMicroelectronics insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 5.05% of the stock of STMicroelectronics is held by institutions.

STM Stock Analysis - Frequently Asked Questions

How have STM shares performed this year?

STMicroelectronics' stock was trading at $50.13 at the start of the year. Since then, STM shares have decreased by 44.2% and is now trading at $27.97.
View the best growth stocks for 2024 here.

How were STMicroelectronics' earnings last quarter?

STMicroelectronics (NYSE:STM) issued its earnings results on Thursday, July, 25th. The semiconductor producer reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.04. STMicroelectronics's revenue for the quarter was down 25.3% compared to the same quarter last year.

Does STMicroelectronics have any subsidiaries?

The following companies are subsidiaries of STMicroelectronics: Wisebatt, Cartesiam, SOMOS, BeSpoon, Riot Micro, Exagan, Norstel, and others.

Who are STMicroelectronics' major shareholders?

STMicroelectronics' top institutional shareholders include Van ECK Associates Corp (0.72%), Dimensional Fund Advisors LP (0.26%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.17%) and Robeco Schweiz AG (0.08%).

How do I buy shares of STMicroelectronics?

Shares of STM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of STMicroelectronics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that STMicroelectronics investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and Micron Technology (MU).

Company Calendar

• Last Earnings: 7/25/2024
• Today: 9/18/2024
• Ex-Dividend for 10/1 Dividend: 9/24/2024
• Dividend Payable: 10/01/2024
• Next Earnings (Estimated): 10/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Electronic Equipment
• Current Symbol: NYSE:STM
• CUSIP: N/A
• CIK: 932787
• Web: www.st.com
• Phone: (122) 929-2929
• Fax: 41-22-929-2988
• Employees: 51,323
• Year Founded: 1987

Price Target and Rating

• Average Stock Price Target: $43.13
• High Stock Price Target: $55.00
• Low Stock Price Target: $35.00
• Potential Upside/Downside: +54.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.64
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.90
• Trailing P/E Ratio: 7.17
• Forward P/E Ratio: 16.85
• P/E Growth: 3.36
• Net Income: $4.21 billion
• Net Margins: 19.68%
• Pretax Margin: 21.95%
• Return on Equity: 18.18%
• Return on Assets: 12.52%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 3.35
• Quick Ratio: 2.56

Sales & Book Value

• Annual Sales: $15.41 billion
• Price / Sales: 1.64
• Cash Flow: $6.40 per share
• Price / Cash Flow: 4.37
• Book Value: $18.67 per share
• Price / Book: 1.50

Miscellaneous

• Outstanding Shares: 903,407,000
• Free Float: N/A
• Market Cap: $25.27 billion
• Optionable: Optionable
• Beta: 1.58