NXP Semiconductors (NASDAQ:NXPI) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of NXP Semiconductors (NASDAQ:NXPI) have received an average recommendation of “Moderate Buy” from the twenty analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $257.72.

Several equities analysts recently issued reports on the company. Argus raised their price objective on NXP Semiconductors from $260.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Mizuho increased their target price on NXP Semiconductors from $225.00 to $265.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 1st. The Goldman Sachs Group increased their target price on NXP Semiconductors from $240.00 to $275.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 1st. Wolfe Research raised NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 target price on the stock in a research report on Thursday, January 18th. Finally, TD Cowen increased their target price on NXP Semiconductors from $270.00 to $300.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 12th.

NXP Semiconductors Stock Performance

Shares of NXPI opened at $260.21 on Friday. The business’s fifty day moving average price is $243.53 and its 200 day moving average price is $222.94. NXP Semiconductors has a 12-month low of $161.23 and a 12-month high of $264.26. The stock has a market capitalization of $66.53 billion, a PE ratio of 24.03, a price-to-earnings-growth ratio of 0.94 and a beta of 1.54. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.35 and a quick ratio of 1.64.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.33 by $0.04. NXP Semiconductors had a return on equity of 37.65% and a net margin of 21.24%. The firm had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.40 billion. Equities research analysts forecast that NXP Semiconductors will post 12.41 EPS for the current year.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Thursday, March 21st were issued a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend was Wednesday, March 20th. NXP Semiconductors’s payout ratio is currently 37.40%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Lincoln National Corp grew its holdings in NXP Semiconductors by 1.9% during the fourth quarter. Lincoln National Corp now owns 2,473 shares of the semiconductor provider’s stock worth $568,000 after acquiring an additional 46 shares during the period. Peterson Wealth Services boosted its position in shares of NXP Semiconductors by 3.1% in the 1st quarter. Peterson Wealth Services now owns 1,520 shares of the semiconductor provider’s stock valued at $377,000 after purchasing an additional 46 shares during the period. RFG Advisory LLC increased its stake in NXP Semiconductors by 1.6% in the 1st quarter. RFG Advisory LLC now owns 2,987 shares of the semiconductor provider’s stock worth $740,000 after purchasing an additional 47 shares in the last quarter. IMPACTfolio LLC increased its stake in NXP Semiconductors by 4.3% in the 4th quarter. IMPACTfolio LLC now owns 1,189 shares of the semiconductor provider’s stock worth $273,000 after purchasing an additional 49 shares in the last quarter. Finally, FinTrust Capital Advisors LLC increased its stake in NXP Semiconductors by 75.4% in the 4th quarter. FinTrust Capital Advisors LLC now owns 114 shares of the semiconductor provider’s stock worth $26,000 after purchasing an additional 49 shares in the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

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.