Wall Street analysts forecast that NXP Semiconductors N.V. (NASDAQ:NXPI) will announce earnings per share of $1.32 for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for NXP Semiconductors N.V.’s earnings, with the highest EPS estimate coming in at $1.40 and the lowest estimate coming in at $1.23. NXP Semiconductors N.V. posted earnings per share of $1.16 during the same quarter last year, which indicates a positive year over year growth rate of 13.8%. The business is expected to announce its next quarterly earnings results after the market closes on Wednesday, August 2nd.
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 $5.61. For the next fiscal year, analysts expect that the company will report earnings of $6.49 per share, with EPS estimates ranging from $6.13 to $7.09. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow NXP Semiconductors N.V..
Several research firms have issued reports on NXPI. Jefferies Group LLC reiterated a “hold” rating and set a $110.00 price objective on shares of NXP Semiconductors N.V. in a research note on Monday, July 10th. Stifel Nicolaus reiterated a “hold” rating and set a $110.00 price objective on shares of NXP Semiconductors N.V. in a research note on Tuesday, July 4th. Zacks Investment Research lowered NXP Semiconductors N.V. from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. Instinet lowered NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating and set a $110.00 price objective for the company. in a research note on Monday, May 8th. Finally, Mizuho reiterated 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. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. NXP Semiconductors N.V. currently has an average rating of “Hold” and a consensus target price of $108.58.
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Shares of NXP Semiconductors N.V. (NXPI) traded up 0.05% during trading on Friday, hitting $109.45. 2,083,208 shares of the stock traded hands. NXP Semiconductors N.V. has a 52 week low of $79.50 and a 52 week high of $109.98. The company has a market cap of $27.55 billion, a price-to-earnings ratio of 20.03 and a beta of 0.90. The firm’s 50-day moving average price is $108.65 and its 200-day moving average price is $103.46.
A number of institutional investors have recently bought and sold shares of NXPI. NF Trinity Capital Hong Kong Ltd boosted its position in NXP Semiconductors N.V. by 135.5% in the first quarter. NF Trinity Capital Hong Kong Ltd now owns 150,000 shares of the semiconductor provider’s stock valued at $170,000 after buying an additional 86,296 shares in the last quarter. Welch & Forbes LLC purchased a new position in NXP Semiconductors N.V. during the first quarter valued at about $204,000. Boston Family Office LLC purchased a new position in NXP Semiconductors N.V. during the first quarter valued at about $207,000. AQR Capital Management LLC purchased a new position in NXP Semiconductors N.V. during the fourth quarter valued at about $210,000. Finally, Assetmark Inc. boosted its position in NXP Semiconductors N.V. by 3.3% in the first quarter. Assetmark Inc. now owns 2,060 shares of the semiconductor provider’s stock valued at $213,000 after buying an additional 66 shares in the last quarter. Institutional investors and hedge funds own 76.78% of the company’s stock.
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.
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