NXP Semiconductors NV (NXPI) Expected to Post Earnings of $2.10 Per Share

Wall Street analysts expect NXP Semiconductors NV (NASDAQ:NXPI) to announce earnings per share (EPS) of $2.10 for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have provided estimates for NXP Semiconductors’ earnings. The highest EPS estimate is $2.17 and the lowest is $2.07. NXP Semiconductors reported earnings per share of $3.21 during the same quarter last year, which indicates a negative year-over-year growth rate of 34.6%. The business is scheduled to issue its next quarterly earnings results on Wednesday, February 6th.

On average, analysts expect that NXP Semiconductors will report full-year earnings of $7.15 per share for the current fiscal year, with EPS estimates ranging from $7.08 to $7.43. For the next fiscal year, analysts anticipate that the company will post earnings of $8.55 per share, with EPS estimates ranging from $7.80 to $9.38. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for NXP Semiconductors.

Several research analysts have recently weighed in on the company. BMO Capital Markets boosted their price target on NXP Semiconductors from $70.00 to $75.00 and gave the stock a “market perform” rating in a research note on Friday, November 2nd. Citigroup decreased their price target on NXP Semiconductors from $94.00 to $88.00 and set a “hold” rating for the company in a research note on Friday, November 2nd. SunTrust Banks boosted their price target on NXP Semiconductors to $99.00 and gave the stock a “buy” rating in a research note on Friday, November 2nd. They noted that the move was a valuation call. Cowen decreased their price target on NXP Semiconductors from $114.00 to $110.00 and set an “outperform” rating for the company in a research note on Friday, November 2nd. Finally, Stifel Nicolaus reiterated a “sell” rating on shares of NXP Semiconductors in a research report on Thursday, November 1st. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the company’s stock. NXP Semiconductors has a consensus rating of “Hold” and an average target price of $103.38.

NXPI stock opened at $82.08 on Monday. NXP Semiconductors has a 1-year low of $69.72 and a 1-year high of $125.93. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.22 and a quick ratio of 0.87. The firm has a market capitalization of $27.24 billion, a PE ratio of 11.43, a price-to-earnings-growth ratio of 1.03 and a beta of 0.90.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NXPI. Sterling Capital Management LLC boosted its holdings in NXP Semiconductors by 3.9% in the 2nd quarter. Sterling Capital Management LLC now owns 16,060 shares of the semiconductor provider’s stock worth $1,755,000 after buying an additional 600 shares during the last quarter. State of Alaska Department of Revenue boosted its position in NXP Semiconductors by 1.5% during the third quarter. State of Alaska Department of Revenue now owns 43,432 shares of the semiconductor provider’s stock worth $3,712,000 after acquiring an additional 622 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in NXP Semiconductors by 1.5% during the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 41,464 shares of the semiconductor provider’s stock worth $4,531,000 after acquiring an additional 629 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in shares of NXP Semiconductors by 0.9% in the 3rd quarter. Gamco Investors INC. ET AL now owns 67,280 shares of the semiconductor provider’s stock valued at $5,752,000 after purchasing an additional 630 shares during the last quarter. Finally, Stratos Wealth Partners LTD. boosted its holdings in shares of NXP Semiconductors by 34.0% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 2,569 shares of the semiconductor provider’s stock valued at $220,000 after purchasing an additional 652 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other 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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Earnings History and Estimates for NXP Semiconductors (NASDAQ:NXPI)

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