NXP Semiconductors (NASDAQ:NXPI) Receives $257.72 Consensus PT from Analysts

NXP Semiconductors (NASDAQ:NXPI) has been given a consensus rating of “Moderate Buy” by the twenty analysts that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $257.72.

A number of research analysts recently issued reports on the company. Cantor Fitzgerald restated an “overweight” rating and set a $290.00 price target on shares of NXP Semiconductors in a research note on Tuesday, April 30th. UBS Group upped their target price on shares of NXP Semiconductors from $230.00 to $270.00 and gave the company a “neutral” rating in a report on Wednesday, May 1st. TD Cowen raised their price target on NXP Semiconductors from $270.00 to $300.00 and gave the stock an “outperform” rating in a report on Tuesday, March 12th. Oppenheimer boosted their price target on NXP Semiconductors from $250.00 to $295.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. Finally, Wolfe Research raised NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 price objective for the company in a research report on Thursday, January 18th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in NXPI. Norges Bank purchased a new stake in shares of NXP Semiconductors in the fourth quarter valued at about $762,077,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in NXP Semiconductors by 893.2% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,332,578 shares of the semiconductor provider’s stock valued at $535,747,000 after buying an additional 2,097,727 shares in the last quarter. Public Employees Retirement Association of Colorado acquired a new stake in NXP Semiconductors during the 4th quarter valued at $164,044,000. Kodai Capital Management LP purchased a new position in NXP Semiconductors during the fourth quarter worth $125,319,000. Finally, International Assets Investment Management LLC raised its holdings in shares of NXP Semiconductors by 21,013.6% in the fourth quarter. International Assets Investment Management LLC now owns 515,172 shares of the semiconductor provider’s stock worth $118,325,000 after acquiring an additional 512,732 shares during the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $259.63 on Friday. The firm has a market capitalization of $66.38 billion, a PE ratio of 23.97, a price-to-earnings-growth ratio of 0.94 and a beta of 1.54. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.64 and a current ratio of 2.35. NXP Semiconductors has a fifty-two week low of $161.23 and a fifty-two week high of $264.26. The stock’s 50-day simple moving average is $243.28 and its 200-day simple moving average is $222.43.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings results on Monday, February 5th. The semiconductor provider reported $3.37 EPS for the quarter, topping the consensus estimate of $3.33 by $0.04. NXP Semiconductors had a net margin of 21.24% and a return on equity of 37.65%. The firm had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.40 billion. As a group, equities research analysts forecast that NXP Semiconductors will post 12.41 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were given a dividend of $1.014 per share. The ex-dividend date was Wednesday, March 20th. This represents a $4.06 dividend on an annualized basis and a yield of 1.56%. NXP Semiconductors’s payout ratio is 37.49%.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.