ST Microelectronics (NYSE: STM) has a price-to-earnings ratio that is above its average at 9.61x. The stock has a 36-month beta value of 1.66. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 1 as “sell.”
The public float for STM is 894.25M, and at present, short sellers hold a 0.72% of that float. On April 09, 2024, the average trading volume of STM was 3.56M shares.
STM) stock’s latest price update
The stock of ST Microelectronics (NYSE: STM) has increased by 1.42 when compared to last closing price of 42.26. Despite this, the company has experienced a 2.17% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-08 that If you’re looking for upside potential, you’ve come to the right place with tech stocks to buy. And if you’re looking for significant returns, you should consider the innovation sector’s discount bin.
STM’s Market Performance
STM’s stock has risen by 2.17% in the past week, with a monthly drop of -8.71% and a quarterly drop of -5.70%. The volatility ratio for the week is 1.76% while the volatility levels for the last 30 days are 2.03% for ST Microelectronics The simple moving average for the past 20 days is -2.76% for STM’s stock, with a -6.51% simple moving average for the past 200 days.
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 -4.35% 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 -23.26% of loss for the given period.
Volatility was left at 2.03%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares sank -10.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.25% lower at present.
During the last 5 trading sessions, STM rose by +1.85%, which changed the moving average for the period of 200-days by -10.97% in comparison to the 20-day moving average, which settled at $43.84. In addition, ST Microelectronics saw -14.50% 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 28.62, with 18.95 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 2.2. 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 3.17.
Conclusion
To sum up, ST Microelectronics (STM) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
