NXP Semiconductors NV (NXPI) Receives $103.68 Consensus Target Price from Analysts

NXP Semiconductors NV (NASDAQ:NXPI) has received an average rating of “Hold” from the twenty-three brokerages that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $101.97.

NXPI has been the subject of several recent research reports. Susquehanna Bancshares initiated coverage on NXP Semiconductors in a report on Friday. They issued a “neutral” rating and a $90.00 price objective for the company. UBS Group assumed coverage on NXP Semiconductors in a report on Thursday. They issued a “neutral” rating and a $90.00 price objective for the company. SunTrust Banks boosted their target price on shares of NXP Semiconductors to $99.00 and gave the stock a “buy” rating in a report on Friday, November 2nd. They noted that the move was a valuation call. Cowen boosted their target price on shares of NXP Semiconductors from $111.00 to $114.00 and gave the stock an “outperform” rating in a report on Thursday, September 13th. Finally, Barclays upgraded shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and reduced their target price for the stock from $105.00 to $95.00 in a report on Tuesday, October 23rd.

Several institutional investors and hedge funds have recently bought and sold shares of NXPI. Patten Group Inc. increased its holdings in shares of NXP Semiconductors by 490.0% during the third quarter. Patten Group Inc. now owns 1,180 shares of the semiconductor provider’s stock valued at $101,000 after acquiring an additional 980 shares in the last quarter. First Quadrant L P CA acquired a new position in shares of NXP Semiconductors during the third quarter valued at about $108,000. FTB Advisors Inc. acquired a new position in shares of NXP Semiconductors during the third quarter valued at about $111,000. Signaturefd LLC increased its holdings in shares of NXP Semiconductors by 299.2% during the second quarter. Signaturefd LLC now owns 1,062 shares of the semiconductor provider’s stock valued at $116,000 after acquiring an additional 796 shares in the last quarter. Finally, Willingdon Wealth Management acquired a new position in shares of NXP Semiconductors during the third quarter valued at about $121,000. Hedge funds and other institutional investors own 75.58% of the company’s stock.

Shares of NXPI stock traded down $5.55 on Friday, hitting $76.50. The stock had a trading volume of 4,148,264 shares, compared to its average volume of 6,413,871. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.22 and a quick ratio of 0.87. The company has a market capitalization of $28.12 billion, a P/E ratio of 10.65, a PEG ratio of 1.07 and a beta of 0.93. NXP Semiconductors has a one year low of $69.72 and a one year high of $125.93.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Wednesday, October 31st. The semiconductor provider reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.13. The firm had revenue of $2.45 billion during the quarter, compared to the consensus estimate of $2.43 billion. NXP Semiconductors had a return on equity of 18.08% and a net margin of 28.38%. On average, analysts anticipate that NXP Semiconductors will post 6.15 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, January 7th. Shareholders of record on Friday, December 14th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $1.00 dividend on an annualized basis and a yield of 1.31%. NXP Semiconductors’s dividend payout ratio is presently 11.84%.

About NXP Semiconductors

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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Analyst Recommendations for NXP Semiconductors (NASDAQ:NXPI)

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