NXP Semiconductors (NXPI) Scheduled to Post Earnings on Monday

NXP Semiconductors (NASDAQ:NXPI) will be announcing its earnings results after the market closes on Monday, November 4th. Analysts expect NXP Semiconductors to post earnings of $3.03 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $238.59 on Friday. The company has a current ratio of 2.21, a quick ratio of 1.52 and a debt-to-equity ratio of 1.04. The company has a fifty day simple moving average of $237.56 and a 200 day simple moving average of $252.81. NXP Semiconductors has a 12-month low of $173.31 and a 12-month high of $296.08. The company has a market cap of $60.78 billion, a P/E ratio of 22.30, a PEG ratio of 2.65 and a beta of 1.49.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Thursday, September 12th were paid a $1.014 dividend. The ex-dividend date of this dividend was Thursday, September 12th. This represents a $4.06 annualized dividend and a dividend yield of 1.70%. NXP Semiconductors’s payout ratio is 37.94%.

Wall Street Analyst Weigh In

NXPI has been the topic of a number of research analyst reports. The Goldman Sachs Group cut their target price on NXP Semiconductors from $285.00 to $277.00 in a research note on Friday, October 11th. StockNews.com downgraded NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Friday, August 2nd. Oppenheimer lifted their target price on shares of NXP Semiconductors from $295.00 to $330.00 and gave the stock an “outperform” rating in a research note on Friday, July 12th. Citic Securities started coverage on NXP Semiconductors in a research report on Friday, October 11th. They set a $288.00 target price on the stock. Finally, TD Cowen reduced their price target on NXP Semiconductors from $330.00 to $310.00 and set a “buy” rating for the company in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $288.90.

Insider Buying and Selling at NXP Semiconductors

In other news, EVP Jennifer Wuamett sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total value of $813,225.00. Following the sale, the executive vice president now directly owns 30,269 shares in the company, valued at approximately $7,033,002.15. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.11% of the company’s stock.

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.