The stock price of NXP Semiconductors NV (NASDAQ: NXPI) has jumped by 1.83 compared to previous close of 242.70. Despite this, the company has seen a gain of 13.02% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-29 that It’s now the third straight day higher going back to Thursday of last week, and recovered from a quick drop into the red.
Is It Worth Investing in NXP Semiconductors NV (NASDAQ: NXPI) Right Now?
The price-to-earnings ratio for NXP Semiconductors NV (NASDAQ: NXPI) is above average at 23.06x. The 36-month beta value for NXPI is also noteworthy at 1.57. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 15 rating it as “hold,” and 0 rating it as “sell.”
The public float for NXPI is 255.80M, and at present, short sellers hold a 1.75% of that float. The average trading volume of NXPI on April 30, 2024 was 2.35M shares.
NXPI’s Market Performance
The stock of NXP Semiconductors NV (NXPI) has seen a 13.02% increase in the past week, with a -0.26% drop in the past month, and a 13.64% gain in the past quarter. The volatility ratio for the week is 2.85%, and the volatility levels for the past 30 days are at 2.72% for NXPI. The simple moving average for the past 20 days is 4.96% for NXPI’s stock, with a 14.77% simple moving average for the past 200 days.
Analysts’ Opinion of NXPI
Many brokerage firms have already submitted their reports for NXPI stocks, with Evercore ISI repeating the rating for NXPI by listing it as a “Outperform.” The predicted price for NXPI in the upcoming period, according to Evercore ISI is $300 based on the research report published on April 16, 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 $300, previously predicting the price at $270. The rating they have provided for NXPI stocks is “Outperform” according to the report published on March 12th, 2024.
TD Cowen gave a rating of “Outperform” to NXPI, setting the target price at $270 in the report published on February 07th of the current year.
NXPI Trading at 2.57% 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 -6.48% of loss for the given period.
Volatility was left at 2.72%, however, over the last 30 days, the volatility rate increased by 2.85%, as shares surge +0.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.39% upper at present.
During the last 5 trading sessions, NXPI rose by +13.02%, which changed the moving average for the period of 200-days by +14.14% in comparison to the 20-day moving average, which settled at $235.50. In addition, NXP Semiconductors NV saw 7.60% 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 5.32. 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 summary, NXP Semiconductors NV (NXPI) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
