ST Microelectronics (NYSE: STM) has a higher price-to-earnings ratio of 10.34x compared to its average ratio. STM has 36-month beta value of 1.63. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 1 as “sell.”
The public float for STM is 892.33M, and currently, short sellers hold a 0.99% ratio of that float. The average trading volume of STM on May 07, 2024 was 3.44M shares.
STM) stock’s latest price update
ST Microelectronics (NYSE: STM)’s stock price has increased by 0.60 compared to its previous closing price of 40.07. However, the company has seen a -2.11% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-25 that STMicroelectronics N.V. (NYSE:STM ) Q1 2024 Earnings Conference Call April 25, 2024 3:30 AM ET Company Participants Celine Berthier – Group VP, IR Jean-Marc Chery – President & CEO Lorenzo Grandi – CFO, President of Finance, Purchasing, ERM & Resilience Conference Call Participants Joshua Buchalter – TD Cowen Stephane Houri – ODDO Francois Bouvignies – UBS Didier Scemama – Bank of America Sandeep Deshpande – JPMorgan Jerome Ramel – BNP Paribas Operator Ladies and gentlemen, welcome to the STMicroelectronics First Quarter 2024 Earnings Release Conference Call and Live Webcast.
STM’s Market Performance
STM’s stock has fallen by -2.11% in the past week, with a monthly drop of -3.91% and a quarterly drop of -9.92%. The volatility ratio for the week is 2.21% while the volatility levels for the last 30 days are 2.04% for ST Microelectronics The simple moving average for the last 20 days is -1.11% for STM stock, with a simple moving average of -10.40% for the last 200 days.
Analysts’ Opinion of STM
Craig Hallum gave a rating of “Buy” to STM, setting the target price at $48 in the report published on January 25th of the current year.
STM Trading at -6.82% 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 -27.82% of loss for the given period.
Volatility was left at 2.04%, however, over the last 30 days, the volatility rate increased by 2.21%, as shares sank -4.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.92% lower at present.
During the last 5 trading sessions, STM fell by -2.11%, which changed the moving average for the period of 200-days by -20.49% in comparison to the 20-day moving average, which settled at $40.67. In addition, ST Microelectronics saw -19.59% 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:
- 0.24 for the present operating margin
- 0.46 for the gross margin
The net margin for ST Microelectronics stands at 0.22. The total capital return value is set at 0.18. Equity return is now at value 23.84, with 15.94 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 1.78. The debt to equity ratio resting at 0.18. The interest coverage ratio of the stock is 86.44.
Currently, EBITDA for the company is 6.51 billion with net debt to EBITDA at -0.0. When we switch over and look at the enterprise to sales, we see a ratio of 2.18. The receivables turnover for the company is 9.24for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.34.
Conclusion
To put it simply, ST Microelectronics (STM) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
