NXP Semiconductors N.V. (NASDAQ: NXPI) stock fell -0.70% on Friday to $184.26 against a previous-day closing price of $185.55. With 1.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.1 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $185.20 whereas the lowest price it dropped to was $182.49. The 52-week range on NXPI shows that it touched its highest point at $239.91 and its lowest point at $140.33 during that stretch. It currently has a 1-year price target of $197.23. With its current market cap of 47.74 billion, NXPI has annualized dividend of $3.38 while the current yield stands at 1.83%. Beta for the stock currently stands at 1.48.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NXPI was up-trending over the past week, with a rise of 0.62%, but this was up by 26.42% over a month. Three-month performance dropped to -0.89% while six-month performance fell -12.40%. The stock lost -13.26% in the past year, while it has lost -19.11% so far this year. A look at the trailing 12-month EPS for NXPI yields 9.16 with Next year EPS estimates of 13.73. For the next quarter, that number is 3.65. This implies an EPS growth rate of 27.60% for this year and -2.40% for next year. EPS is expected to grow by 11.05% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 63.80%.
Float and Shares Shorts:
At present, 262.58 million NXPI shares are outstanding with a float of 261.74 million shares on hand for trading. On Jul 14, 2022, short shares totaled 4.84 million, which was 1.84% higher than short shares on Jun 14, 2022. In addition to Mr. Kurt Sievers as the firm’s Pres, CEO & Exec. Director, Mr. William J. Betz serves as its Exec. VP & CFO.
Through their ownership of 93.36% of NXPI’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 57.15% of NXPI, in contrast to 33.11% held by mutual funds. Shares owned by individuals account for 0.48%. As the largest shareholder in NXPI with 7.25% of the stake, Fidelity Management & Research Co holds 19,025,314 shares worth 19,025,314. A second-largest stockholder of NXPI, BlackRock Fund Advisors, holds 14,173,242 shares, controlling over 5.40% of the firm’s shares. JPMorgan Investment Management, I is the third largest shareholder in NXPI, holding 12,983,726 shares or 4.95% stake. With a 2.21% stake in NXPI, the Vanguard 500 Index Fund is the largest stakeholder. A total of 5,810,726 shares are owned by the mutual fund manager. The T Rowe Price Capital Appreciation, which owns about 1.75% of NXPI stock, is the second-largest Mutual Fund holder. It holds 4,584,470 shares valued at 678.64 million. Fidelity Select Port. – Semicondu holds 1.47% of the stake in NXPI, owning 3,852,588 shares worth 570.3 million.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NXPI since 28 analysts follow the stock currently. There are 13 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 10 believe that the stock is worth HOLDING, 4 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With NXPI analysts setting a high price target of $260.00 and a low target of $157.00, the average target price over the next 12 months is $196.12. Based on these targets, NXPI could surge 41.1% to reach the target high and fall by -14.79% to reach the target low. Reaching the average price target will result in a growth of 6.44% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. NXPI will report FY 2022 earnings on 01/30/2023. Analysts have provided yearly estimates in a range of $14.49 being high and $13.64 being low. For NXPI, this leads to a yearly average estimate of $14.17. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. NXP Semiconductors N.V. surprised analysts by $0.13 when it reported $3.52 EPS against a consensus estimate of $3.39. The surprise factor in the prior quarter was $0.15. Based on analyst estimates, the high estimate for the next quarter is $3.75 and the low estimate is $3.65. The average estimate for the next quarter is thus $3.66.
Dividends & Yield:
In terms of dividends, NXPI has a current ratio of $3.38, which is $3.38 over the trailing 12-months. Dividend yield is another indicator that appeals to many investors, and NXPI currently yields $1.53. In the past year, NXPI’s dividend yield has been $1.53. Accordingly, NXPI has a current buyback yield of $5.09. This was $5.09 for the TTM, and it was $6.34 for the past five years.
Summary of Insider Activity:
Insiders traded NXPI stock several times over the past three months with 11 Buys and 11 Sells. In these transactions, 11,990 shares were bought while 5,454 shares were sold. The number of buy transactions has increased to 23 while that of sell transactions has risen to 37 over the past year. The total number of shares bought during that period was 36,710 while 232,704 shares were sold.