NXP Semiconductors NV (NXPI) Given Consensus Rating of “Hold” by Brokerages

Shares of NXP Semiconductors NV (NASDAQ:NXPI) have received a consensus rating of “Hold” from the twenty-one brokerages that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $103.68.

A number of analysts have recently weighed in on the stock. Zacks Investment Research cut shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Tuesday, August 7th. Barclays assumed coverage on shares of NXP Semiconductors in a report on Thursday, August 2nd. They issued an “equal weight” rating on the stock. Credit Suisse Group started coverage on shares of NXP Semiconductors in a report on Friday, September 7th. They issued an “outperform” rating and a $125.00 price target on the stock. Cowen started coverage on shares of NXP Semiconductors in a research note on Friday, September 7th. They issued an “outperform” rating and a $111.00 target price for the company. Finally, Bank of America upgraded shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $110.00 to $120.00 in a research note on Monday, September 17th.

NASDAQ NXPI traded up $0.46 during trading on Friday, reaching $83.37. 4,447,551 shares of the company’s stock traded hands, compared to its average volume of 6,438,428. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.87 and a current ratio of 1.22. The company has a market capitalization of $28.53 billion, a price-to-earnings ratio of 11.61, a price-to-earnings-growth ratio of 1.08 and a beta of 0.90. NXP Semiconductors has a 12-month low of $69.72 and a 12-month high of $125.93.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Wednesday, October 31st. The semiconductor provider reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.13. NXP Semiconductors had a net margin of 28.38% and a return on equity of 18.08%. The business had revenue of $2.45 billion for the quarter, compared to the consensus estimate of $2.43 billion. Equities analysts expect that NXP Semiconductors will post 6.15 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Patten Group Inc. increased its holdings in shares of NXP Semiconductors by 490.0% during the 3rd quarter. Patten Group Inc. now owns 1,180 shares of the semiconductor provider’s stock valued at $101,000 after purchasing an additional 980 shares in the last quarter. First Quadrant L P CA purchased a new position in shares of NXP Semiconductors during the 3rd quarter valued at approximately $108,000. FTB Advisors Inc. purchased a new position in shares of NXP Semiconductors during the 3rd quarter valued at approximately $111,000. Signaturefd LLC increased its holdings in shares of NXP Semiconductors by 299.2% during the 2nd quarter. Signaturefd LLC now owns 1,062 shares of the semiconductor provider’s stock valued at $116,000 after purchasing an additional 796 shares in the last quarter. Finally, Willingdon Wealth Management purchased a new position in shares of NXP Semiconductors during the 3rd quarter valued at approximately $121,000. 83.48% of the stock is owned by institutional investors.

NXP Semiconductors Company Profile

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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