NXP Semiconductors (NASDAQ:NXPI) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of NXP Semiconductors (NASDAQ:NXPI) have earned a consensus recommendation of “Moderate Buy” from the seventeen ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $239.58.

A number of equities research analysts have commented on the company. Wolfe Research upgraded NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 price target for the company in a research note on Thursday, January 18th. Morgan Stanley boosted their target price on shares of NXP Semiconductors from $221.00 to $224.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 7th. JPMorgan Chase & Co. lifted their price objective on shares of NXP Semiconductors from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 7th. Oppenheimer raised their target price on NXP Semiconductors from $220.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, February 1st. Finally, Stifel Nicolaus boosted their price target on NXP Semiconductors from $190.00 to $210.00 and gave the company a “hold” rating in a research note on Tuesday, January 2nd.

NXP Semiconductors Stock Down 1.5 %

Shares of NXP Semiconductors stock opened at $230.11 on Tuesday. The company has a quick ratio of 1.39, a current ratio of 1.91 and a debt-to-equity ratio of 1.14. The company has a market cap of $59.01 billion, a P/E ratio of 21.49, a PEG ratio of 0.88 and a beta of 1.59. The firm’s 50 day moving average price is $241.66 and its 200-day moving average price is $218.13. NXP Semiconductors has a 52-week low of $155.31 and a 52-week high of $264.26.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share for the quarter, beating the consensus estimate of $3.33 by $0.04. The company had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.40 billion. NXP Semiconductors had a net margin of 21.07% and a return on equity of 38.94%. On average, sell-side analysts predict that NXP Semiconductors will post 12.28 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st were paid 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 dividend yield of 1.76%. NXP Semiconductors’s dividend payout ratio is currently 37.91%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cibc World Market Inc. boosted its stake in shares of NXP Semiconductors by 6.3% in the first quarter. Cibc World Market Inc. now owns 29,411 shares of the semiconductor provider’s stock worth $5,443,000 after acquiring an additional 1,732 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in NXP Semiconductors by 5.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 390,891 shares of the semiconductor provider’s stock valued at $72,356,000 after purchasing an additional 21,672 shares in the last quarter. Cetera Investment Advisers boosted its stake in NXP Semiconductors by 5.4% during the 1st quarter. Cetera Investment Advisers now owns 6,332 shares of the semiconductor provider’s stock worth $1,172,000 after purchasing an additional 325 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of NXP Semiconductors by 21.0% during the first quarter. Sequoia Financial Advisors LLC now owns 2,406 shares of the semiconductor provider’s stock worth $445,000 after buying an additional 417 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of NXP Semiconductors by 2.0% in the first quarter. Vanguard Group Inc. now owns 10,793,360 shares of the semiconductor provider’s stock valued at $1,997,635,000 after buying an additional 210,979 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

About NXP Semiconductors

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.