TD Cowen raised the price target for the NXP Semiconductors NV (NASDAQ:NXPI) stock to “an Outperform”. The rating was released on March 12, 2024, according to finviz. We previously noted in another research note published on February 07, 2024 by TD Cowen that reiterated the stock to an Outperform with a price target of $270 for NXPI stock. The research report from Cantor Fitzgerald has initiated the stock to Overweight, with a price target set at $260. The stock was upgraded by Wolfe Research, who disclosed in a research note on January 18, 2024, from Peer Perform to Outperform and set the price objective to $255. In their research brief published January 16, 2024, Barclays analysts upgraded the NXP Semiconductors NV stock from Equal Weight to Overweight with a price target of $260.
The latest trade, Performances and Moving Averages give us the following Picture
The firm’s stock price fluctuated -3.87% within the last five trades and 4.29% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 21.16% in the last 6 months and 5.21% was added to its value over the previous 3 months. NXPI stock is trading at a margin of -2.23%, 4.60% and 15.04% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, NXPI deals in the Technology domain. The stock is trading -8.70 percent below its 52-week high and 55.35 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 38.6. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does NXP Semiconductors NV’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 28.16 percent and the profit margin is 21.07 percent, and the company has reported a gross margin of 54.75 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $61.88 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for NXP Semiconductors NV (NASDAQ:NXPI) is 22.51. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 15.32. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 4.66 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 7.18, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.12 percent of NXP Semiconductors NV shares are owned by insiders, and 92.80 percent are held by financial institutions. Jensen Christopher L, the EVP Human Resources at NXP Semiconductors NV (NXPI) has sold 4,765 shares of firm on Feb 29 ’24 at a price of $248.41 against the total amount of $1.18 million. In another inside trade, SUMME GREGORY L, Director of NXP Semiconductors NV (NASDAQ:NXPI) sold 4,695 shares of the firm on Feb 28 ’24 for a total worth of $1.15 million at a price of $245.27. An inside trade which took place on Feb 28 ’24, EVP & General Counsel of NXP Semiconductors NV Wuamett Jennifer sold 4,000 shares of firm against total price of $0.98 million at the cost of $244.78 per share.
