15.6 C
New York
Friday, September 29, 2023

NXP Semiconductors N.V. (NXPI): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for NXP Semiconductors N.V. (NXPI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.38, or -0.18%, to $209.58. The NXP Semiconductors N.V. has recorded 74,951 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that NXP Semiconductors Announces Quarterly Dividend.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

Stocks Info

This NASDAQ-listed company operates within the Semiconductors industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $209.96 and fluctuated between $210.16 as its day high and $205.32 as its day low. The current market capitalization of NXP Semiconductors N.V. is $53.04B. A total of 1.58 million shares were traded on the day, compared to an average of 2.33M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, NXPI has seen 5 BUY and 7 SELL insider trades, representing the acquisition of 5,982 and the disposition of 26,682 shares. Over the last 12 months, there were 37 BUYs and 41 SELLs from insiders. Insiders purchased 119,031 shares during that period but sold 104,396.

In the most recent transaction, Southern Julie bought 203 shares of NXPI for 218.07 per share on Aug 02. After the transaction, the Chair now owns 10,540 company shares. In a previous transaction on Aug 01, Sievers Kurt sold 20,890 shares at 223.40 per share. NXPI shares that CEO & President owns now total 156,457.

Among the insiders who sold shares, Betz William disposed of 3,514 shares on Jul 27 at a per-share price of $224.38. This resulted in the EVP & CFO holding 1,518 shares of NXPI after the transaction. In another insider transaction, Jensen Christopher L sold 9,696 shares at $185.00 per share on May 30. Company shares held by the EVP Human Resources now total 500.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. NXP Semiconductors N.V. pays an annual dividend of $4.06, resulting in a dividend yield of 1.93%, and it has a price to earnings (P/E) ratio of 19.86. NXPI’s most recent ex-dividend date was 9/12/2023 when it declared a $1.0140 quarterly dividend that was paid in cash on 10/5/2023. Previously, the company paid the dividend on 7/6/2023 with an ex-dividend date of 6/13/2023. The NXPI stock dividend was $1.0140 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for NXPI in the last 3 months, the mean price target is $235.71 with high estimates of $260.00 and low estimates of $200.00. In terms of 52-week highs and lows, NXPI has a high of $225.57 and a low of $132.08.

As of this writing, NXPI has an earnings estimate of $3.59 per share for the current quarter. EPS was calculated based on a consensus of 23 estimates, with a high estimate of $3.77 per share and a lower estimate of $3.26. The company reported an EPS of $3.19 in the last quarter, which was 5.60% higher than expectations of $3.02.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. NXPI’s latest balance sheet shows that the firm has $2.83B in Cash & Short Term Investments as of fiscal 2021. There were $10.57B in debt and $2.45B in liabilities at the time. Its Book Value Per Share was $31.53, while its Total Shareholder’s Equity was $6.77B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NXPI is Buy with a score of 3.87.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles