NXP Semiconductors NV (NASDAQ:NXPI) – Equities study analysts at Jefferies Economic Group lowered their Q3 2019 earnings per share (EPS) estimates for NXP Semiconductors in a study note issued to investors on Wednesday, July 31st, Zacks Investment Analysis reports. Jefferies Economic Group analyst M. Lipacis now anticipates that the semiconductor provider will earn $1.61 per share for the quarter, down from their earlier forecast of $1.79. Jefferies Economic Group also issued estimates for NXP Semiconductors’ Q4 2019 earnings at $1.86 EPS, FY2019 earnings at $six.43 EPS, Q1 2020 earnings at $1.93 EPS, Q2 2020 earnings at $two.11 EPS and FY2020 earnings at $9.20 EPS.
Quite a few other study analysts also lately weighed in on the corporation. Barclays reiterated a “buy” rating on shares of NXP Semiconductors in a report on Sunday, May perhaps 5th. Bank of America reiterated a “buy” rating and issued a $125.00 value target (up from $105.00) on shares of NXP Semiconductors in a report on Wednesday, May perhaps 1st. Evercore ISI upgraded NXP Semiconductors from an “in-line” rating to an “outperform” rating and boosted their value target for the corporation from $110.00 to $125.00 in a report on Monday, July 29th. Zacks Investment Analysis downgraded NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Saturday, July 27th. Lastly, ValuEngine downgraded NXP Semiconductors from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. Two equities study analysts have rated the stock with a sell rating, seven have assigned a hold rating, eleven have issued a obtain rating and a single has issued a powerful obtain rating to the company’s stock. The corporation at present has a consensus rating of “Buy” and an typical target value of $104.44.
Shares of NXP Semiconductors stock opened at $98.25 on Monday. The stock’s 50 day moving typical is $99.08. The corporation has a debt-to-equity ratio of .79, a present ratio of 1.82 and a speedy ratio of 1.44. The firm has a marketplace cap of $32.83 billion, a P/E ratio of 16.54, a P/E/G ratio of 1.26 and a beta of 1.26. NXP Semiconductors has a 1 year low of $67.62 and a 1 year higher of $108.51.
Quite a few hedge funds and other institutional investors have lately created modifications to their positions in the corporation. Glen Harbor Capital Management LLC boosted its position in NXP Semiconductors by 13.five% for the duration of the 2nd quarter. Glen Harbor Capital Management LLC now owns 21,280 shares of the semiconductor provider’s stock worth $two,077,00 just after getting an more two,528 shares for the duration of the period. Commonwealth Bank of Australia boosted its position in NXP Semiconductors by 84.six% in the 2nd quarter. Commonwealth Bank of Australia now owns 13,895 shares of the semiconductor provider’s stock valued at $1,352,00 just after shopping for an more six,366 shares for the duration of the final quarter. Tyers Asset Management LLC boosted its position in NXP Semiconductors by 13.five% in the 2nd quarter. Tyers Asset Management LLC now owns 29,260 shares of the semiconductor provider’s stock valued at $two,856,00 just after shopping for an more three,476 shares for the duration of the final quarter. Flinton Capital Management LLC boosted its position in NXP Semiconductors by 13.five% in the 2nd quarter. Flinton Capital Management LLC now owns 37,240 shares of the semiconductor provider’s stock valued at $three,635,00 just after shopping for an more four,424 shares for the duration of the final quarter. Lastly, Neuburgh Advisers LLC boosted its position in NXP Semiconductors by 13.five% in the 2nd quarter. Neuburgh Advisers LLC now owns 45,220 shares of the semiconductor provider’s stock valued at $four,414,00 just after shopping for an more five,372 shares for the duration of the final quarter. 75.67% of the stock is owned by institutional investors.
In other news, Chairman Peter L. Bonfield sold 10,00 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares have been sold at an typical value of $98.36, for a total transaction of $983,600.00. Following the completion of the sale, the chairman now straight owns 24,404 shares of the company’s stock, valued at roughly $two,400,377.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed by means of this hyperlink.
NXP Semiconductors Firm Profile
NXP Semiconductors N.V., a semiconductor corporation, supplies higher efficiency mixed signal options for radio frequency (RF), analog, energy management, interface, safety, and digital processing goods worldwide. The corporation provides goods for audio and visual head-finish unit applications, such as single-chip radio options, multi-regular radios, audio amplifiers and energy analog goods, and i.MX applications processors in-automobile networking goods two-way safe entry goods many sensors and microcontrollers energy management options battery cell controllers and options for radar, vision, automobile-to-automobile, and automobile-to-infrastructure systems.
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