Published On: Sat, Sep 10th, 2016

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.

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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.

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