The stock of ST Microelectronics (STM) has gone up by 0.07% for the week, with a -5.02% drop in the past month and a -13.72% drop in the past quarter. The volatility ratio for the week is 1.75%, and the volatility levels for the past 30 days are 2.20% for STM. The simple moving average for the last 20 days is -4.72% for STM stock, with a simple moving average of -5.92% for the last 200 days.
Is It Worth Investing in ST Microelectronics (NYSE: STM) Right Now?
ST Microelectronics (NYSE: STM) has a price-to-earnings ratio of 10.17x that is above its average ratio. Additionally, the 36-month beta value for STM is 1.69. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 1 rating it as “sell.”
The public float for STM is 894.25M and currently, short sellers hold a 0.72% ratio of that float. The average trading volume of STM on April 02, 2024 was 3.63M shares.
STM) stock’s latest price update
The stock of ST Microelectronics (NYSE: STM) has increased by 0.21 when compared to last closing price of 43.24. Despite this, the company has experienced a 0.07% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-28 that While investors chase overhyped momentum plays, smart money looks elsewhere for overlooked bargains. This article cuts through the noise, identifying undervalued, under-the-radar stocks to buy and hold using a discounted cash flow and earnings approach.
Analysts’ Opinion of STM
Craig Hallum, on the other hand, stated in their research note that they expect to see STM reach a price target of $48, previously predicting the price at $50. The rating they have provided for STM stocks is “Buy” according to the report published on January 25th, 2024.
STM Trading at -4.10% from the 50-Day Moving Average
After a stumble in the market that brought STM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.42% of loss for the given period.
Volatility was left at 2.20%, however, over the last 30 days, the volatility rate increased by 1.75%, as shares sank -8.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.50% lower at present.
During the last 5 trading sessions, STM rose by +0.07%, which changed the moving average for the period of 200-days by -12.36% in comparison to the 20-day moving average, which settled at $45.29. In addition, ST Microelectronics saw -13.56% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for STM
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.48 for the gross margin
The net margin for ST Microelectronics stands at 0.24. The total capital return value is set at 0.22. Equity return is now at value 26.62, with 17.55 for asset returns.
Based on ST Microelectronics (STM), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at 2.05. The debt to equity ratio resting at 0.17. The interest coverage ratio of the stock is 83.64.
Currently, EBITDA for the company is 6.51 billion with net debt to EBITDA at -0.05. When we switch over and look at the enterprise to sales, we see a ratio of 2.22. The receivables turnover for the company is 9.99for trailing twelve months and the total asset turnover is 0.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.09.
Conclusion
In conclusion, ST Microelectronics (STM) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
