NXP Semiconductors NV (NXPI) Stock Price Down 4.7%
NXP Semiconductors NV (NASDAQ:NXPI) was down 4.7% during trading on Friday . The stock traded as low as $81.69 and last traded at $81.84, with a volume of 3,127,837 shares changing hands. The stock had previously closed at $85.89.
Several equities research analysts have recently commented on NXPI shares. Mizuho restated a “buy” rating and set a $120.00 price objective on shares of NXP Semiconductors NV in a report on Tuesday, June 14th. Nomura restated a “buy” rating and set a $100.00 price objective on shares of NXP Semiconductors NV in a report on Tuesday, May 24th. Vetr downgraded NXP Semiconductors NV from a “strong-buy” rating to a “buy” rating and set a $101.75 price objective for the company. in a report on Tuesday, May 24th. Jefferies Group reiterated a “buy” rating on shares of NXP Semiconductors NV in a report on Sunday, May 22nd. Finally, Credit Suisse Group AG reiterated a “buy” rating on shares of NXP Semiconductors NV in a report on Wednesday, May 18th. Three analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and two have issued a strong buy rating to the stock. NXP Semiconductors NV presently has a consensus rating of “Buy” and an average target price of $105.36.
The company’s 50-day moving average is $86.59 and its 200 day moving average is $83.77. The stock has a market cap of $20.49 billion, a PE ratio of 26.38 and a beta of 1.70.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/09/nxp-semiconductors-nv-nxpi-stock-price-down-4-7.html
NXP Semiconductors NV (NASDAQ:NXPI) last issued its quarterly earnings data on Wednesday, July 27th. The semiconductor provider reported $1.39 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.35 by $0.04. NXP Semiconductors NV had a return on equity of 14.34% and a net margin of 11.95%. The company earned $2.37 billion during the quarter, compared to analyst estimates of $2.35 billion. During the same quarter in the previous year, the company posted $1.44 earnings per share. NXP Semiconductors NV’s revenue was up 57.0% compared to the same quarter last year. Equities research analysts anticipate that NXP Semiconductors NV will post $5.75 earnings per share for the current fiscal year.
About NXP Semiconductors NV
NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company and a long-standing supplier. The Company provides high performance mixed signal and standard product solutions. The Company’s segments include High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other.
Receive News & Ratings for NXP Semiconductors NV Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for NXP Semiconductors NV and related companies with MarketBeat.com’s FREE daily email newsletter.