NXP Semiconductors (NXPI) Expected to Announce Earnings on Monday

NXP Semiconductors (NASDAQ:NXPI) is expected to be issuing its quarterly earnings data after the market closes on Monday, April 28th. Analysts expect NXP Semiconductors to post earnings of $2.59 per share and revenue of $2.83 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

NXP Semiconductors Stock Performance

Shares of NXPI opened at $170.74 on Monday. The firm has a market capitalization of $43.30 billion, a P/E ratio of 17.55, a PEG ratio of 3.01 and a beta of 1.40. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. NXP Semiconductors has a one year low of $148.09 and a one year high of $296.08. The business has a fifty day moving average of $201.13 and a 200 day moving average of $214.70.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th were given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 2.38%. The ex-dividend date was Wednesday, March 19th. NXP Semiconductors’s payout ratio is currently 41.62%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on NXPI. Truist Financial boosted their target price on shares of NXP Semiconductors from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Mizuho raised their target price on NXP Semiconductors from $240.00 to $255.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th. Morgan Stanley raised NXP Semiconductors from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $231.00 to $257.00 in a report on Wednesday, February 12th. Needham & Company LLC decreased their price objective on NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Finally, Barclays cut their price objective on NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Four research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $261.50.

Insiders Place Their Bets

In related news, COO Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $204.86, for a total transaction of $204,860.00. Following the completion of the transaction, the chief operating officer now directly owns 8,828 shares of the company’s stock, valued at approximately $1,808,504.08. The trade was a 10.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.11% of the stock is owned by insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in NXP Semiconductors stock. Brighton Jones LLC boosted its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 20.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,276 shares of the semiconductor provider’s stock after acquiring an additional 218 shares during the quarter. Brighton Jones LLC’s holdings in NXP Semiconductors were worth $265,000 as of its most recent SEC filing. 90.54% of the stock is currently owned by institutional investors.

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.