1 week Ago By ABMN Staff
NXP Semiconductors ( NASDAQ:NXPI – Get Free Report ) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Thursday. NXPI has been the topic of several other reports.
Truist Financial lowered their target price on NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th.
Cantor Fitzgerald reissued an “overweight” rating and set a $270.00 price target on shares of NXP Semiconductors in a report on Monday, November 4th. The Goldman Sachs Group reduced their price objective on shares of NXP Semiconductors from $285.
00 to $277.00 in a report on Friday, October 11th. Morgan Stanley lowered their target price on shares of NXP Semiconductors from $250.
00 to $235.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 6th. Finally, Citic Securities initiated coverage on shares of NXP Semiconductors in a research note on Friday, October 11th.
They issued a $288.00 price target for the company. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and fifteen have given a buy rating to the company’s stock.
According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $274.14.
View Our Latest Stock Analysis on NXPI NXP Semiconductors Price Performance NXP Semiconductors ( NASDAQ:NXPI – Get Free Report ) last posted its earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.
43 by $0.02. NXP Semiconductors had a net margin of 20.
98% and a return on equity of 33.57%. The firm had revenue of $3.
25 billion during the quarter, compared to analyst estimates of $3.25 billion. During the same period in the previous year, the business posted $3.
31 EPS. NXP Semiconductors’s 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 year. Institutional Trading of NXP Semiconductors A number of hedge funds have recently bought and sold shares of the company.
Farther Finance Advisors LLC raised its holdings in shares of NXP Semiconductors by 64.9% during the second quarter. Farther Finance Advisors LLC now owns 1,034 shares of the semiconductor provider’s stock valued at $275,000 after acquiring an additional 407 shares during the period.
TIAA Trust National Association purchased a new stake in shares of NXP Semiconductors in the second quarter valued at $215,000. Fiera Capital Corp boosted its position in shares of NXP Semiconductors by 40.6% in the second quarter.
Fiera Capital Corp now owns 3,669 shares of the semiconductor provider’s stock worth $987,000 after buying an additional 1,060 shares during the period. Jackson Creek Investment Advisors LLC acquired a new stake in shares of NXP Semiconductors in the second quarter worth $239,000. Finally, Foundations Investment Advisors LLC grew its holdings in shares of NXP Semiconductors by 2.
7% during the second quarter. Foundations Investment Advisors LLC now owns 1,935 shares of the semiconductor provider’s stock valued at $521,000 after buying an additional 50 shares in the last quarter. 90.
54% of the stock is owned by hedge funds and other institutional investors. About NXP Semiconductors ( Get Free Report ) 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. Featured Stories Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter .
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