Analysts Expect NXP Semiconductors N.V. (NXPI) Will Post Earnings of $1.32 Per Share

Brokerages expect that NXP Semiconductors N.V. (NASDAQ:NXPI) will report earnings per share (EPS) of $1.32 for the current quarter, according to Zacks Investment Research. Six analysts have provided estimates for NXP Semiconductors N.V.’s earnings. The lowest EPS estimate is $1.23 and the highest is $1.40. NXP Semiconductors N.V. posted earnings per share of $1.16 during the same quarter last year, which would indicate a positive year-over-year growth rate of 13.8%. The firm is expected to announce its next earnings results on Wednesday, July 26th.

On average, analysts expect that NXP Semiconductors N.V. will report full-year earnings of $5.54 per share for the current financial year, with EPS estimates ranging from $5.41 to $5.64. For the next fiscal year, analysts expect that the business will post earnings of $6.50 per share, with EPS estimates ranging from $6.13 to $7.09. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that cover NXP Semiconductors N.V..

A number of research analysts have commented on NXPI shares. Zacks Investment Research upgraded NXP Semiconductors N.V. from a “hold” rating to a “buy” rating and set a $119.00 price objective on the stock in a research note on Tuesday, May 9th. Nomura cut NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating in a research note on Monday, May 8th. Needham & Company LLC restated a “strong-buy” rating and set a $110.00 price objective on shares of NXP Semiconductors N.V. in a research note on Wednesday, March 8th. Instinet cut NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating in a research note on Monday, May 15th. Finally, Mizuho restated a “hold” rating and set a $110.00 price objective on shares of NXP Semiconductors N.V. in a research note on Wednesday, May 31st. One analyst has rated the stock with a sell rating, nineteen have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. NXP Semiconductors N.V. has an average rating of “Hold” and an average target price of $109.61.

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Shares of NXP Semiconductors N.V. (NASDAQ NXPI) traded up 0.08% during midday trading on Tuesday, reaching $109.24. The company’s stock had a trading volume of 506,001 shares. The firm has a market capitalization of $27.50 billion, a price-to-earnings ratio of 20.00 and a beta of 0.92. NXP Semiconductors N.V. has a 52 week low of $73.62 and a 52 week high of $109.90. The firm’s 50 day moving average is $107.94 and its 200 day moving average is $102.87.

Hedge funds have recently made changes to their positions in the stock. Rafferty Asset Management LLC raised its stake in shares of NXP Semiconductors N.V. by 25.6% in the fourth quarter. Rafferty Asset Management LLC now owns 14,394 shares of the semiconductor provider’s stock valued at $1,411,000 after buying an additional 2,934 shares in the last quarter. Manikay Partners LLC bought a new position in NXP Semiconductors N.V. during the fourth quarter valued at approximately $163,922,000. Asset Management One Co. Ltd. raised its position in NXP Semiconductors N.V. by 14.5% in the fourth quarter. Asset Management One Co. Ltd. now owns 55,947 shares of the semiconductor provider’s stock valued at $5,486,000 after buying an additional 7,067 shares during the period. Stellar Capital Management LLC bought a new position in NXP Semiconductors N.V. during the fourth quarter valued at approximately $1,870,000. Finally, Gamco Investors INC. ET AL bought a new position in NXP Semiconductors N.V. during the fourth quarter valued at approximately $8,199,000. 76.84% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors N.V. Company Profile

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:NXPI”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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