NXP Semiconductors NV (NXPI) Shares Down Despite Recent Market Volatility

NXP Semiconductors NV (NASDAQ: NXPI)’s stock price has plunge by -2.24relation to previous closing price of 246.28. Nevertheless, the company has seen a 0.18% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-01 that NXP Semiconductors (NXPI) unveils the S32 CoreRide platform, boosting its presence across automotive manufacturers.

Is It Worth Investing in NXP Semiconductors NV (NASDAQ: NXPI) Right Now?

NXP Semiconductors NV (NASDAQ: NXPI) has a higher price-to-earnings ratio of 22.46x compared to its average ratio, The 36-month beta value for NXPI is at 1.58. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 15 as “hold,” and 0 as “sell.”

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The public float for NXPI is 256.16M, and currently, shorts hold a 1.81% of that float. The average trading volume for NXPI on April 03, 2024 was 2.40M shares.

NXPI’s Market Performance

NXPI stock saw a decrease of 0.18% in the past week, with a monthly decline of -6.50% and a quarterly a decrease of 4.83%. The volatility ratio for the week is 2.05%, and the volatility levels for the last 30 days are 2.48% for NXP Semiconductors NV (NXPI). The simple moving average for the last 20 days is -2.36% for NXPI stock, with a simple moving average of 13.54% for the last 200 days.

Analysts’ Opinion of NXPI

Many brokerage firms have already submitted their reports for NXPI stocks, with TD Cowen repeating the rating for NXPI by listing it as a “Outperform.” The predicted price for NXPI in the upcoming period, according to TD Cowen is $300 based on the research report published on March 12, 2024 of the current year 2024.

TD Cowen, on the other hand, stated in their research note that they expect to see NXPI reach a price target of $270, previously predicting the price at $250. The rating they have provided for NXPI stocks is “Outperform” according to the report published on February 07th, 2024.

Cantor Fitzgerald gave a rating of “Overweight” to NXPI, setting the target price at $260 in the report published on January 23rd of the current year.

NXPI Trading at 2.00% from the 50-Day Moving Average

After a stumble in the market that brought NXPI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.89% of loss for the given period.

Volatility was left at 2.48%, however, over the last 30 days, the volatility rate increased by 2.05%, as shares sank -5.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.26% upper at present.

During the last 5 trading sessions, NXPI rose by +0.18%, which changed the moving average for the period of 200-days by +23.04% in comparison to the 20-day moving average, which settled at $245.91. In addition, NXP Semiconductors NV saw 4.83% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at NXPI starting from Jensen Christopher L, who sale 4,765 shares at the price of $248.41 back on Feb 29 ’24. After this action, Jensen Christopher L now owns 0 shares of NXP Semiconductors NV, valued at $1,183,674 using the latest closing price.

SUMME GREGORY L, the Director of NXP Semiconductors NV, sale 4,695 shares at $245.27 during a trade that took place back on Feb 28 ’24, which means that SUMME GREGORY L is holding 7,097 shares at $1,151,520 based on the most recent closing price.

Stock Fundamentals for NXPI

Current profitability levels for the company are sitting at:

  • 0.28 for the present operating margin
  • 0.56 for the gross margin

The net margin for NXP Semiconductors NV stands at 0.21. The total capital return value is set at 0.18. Equity return is now at value 34.76, with 11.37 for asset returns.

Based on NXP Semiconductors NV (NXPI), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 1.29. The interest coverage ratio of the stock is 9.01.

Currently, EBITDA for the company is 4.78 billion with net debt to EBITDA at 1.51. When we switch over and look at the enterprise to sales, we see a ratio of 5.2. The receivables turnover for the company is 14.85for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.91.

Conclusion

In conclusion, NXP Semiconductors NV (NXPI) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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