Equities research analysts forecast that NXP Semiconductors N.V. (NASDAQ:NXPI) will announce sales of $2.37 billion for the current quarter, Zacks Investment Research reports. Six analysts have issued estimates for NXP Semiconductors’ earnings. The lowest sales estimate is $2.32 billion and the highest is $2.45 billion. NXP Semiconductors posted sales of $2.44 billion during the same quarter last year, which suggests a negative year over year growth rate of 2.9%. The firm is expected to announce its next quarterly earnings results on Wednesday, February 7th.

On average, analysts expect that NXP Semiconductors will report full-year sales of $2.37 billion for the current financial year, with estimates ranging from $9.12 billion to $9.25 billion. For the next financial year, analysts expect that the business will post sales of $9.69 billion per share, with estimates ranging from $9.45 billion to $9.91 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow NXP Semiconductors.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Wednesday, October 25th. The semiconductor provider reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.49 by ($0.22). NXP Semiconductors had a return on equity of 15.89% and a net margin of 17.21%.

A number of equities research analysts have recently weighed in on NXPI shares. Zacks Investment Research raised NXP Semiconductors from a “hold” rating to a “buy” rating and set a $131.00 price target for the company in a research note on Tuesday, October 31st. Stifel Nicolaus reaffirmed a “hold” rating and set a $110.00 price target on shares of NXP Semiconductors in a research note on Wednesday, October 4th. BidaskClub raised NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Tuesday, December 12th. Jefferies Group set a $110.00 price target on NXP Semiconductors and gave the stock a “hold” rating in a research note on Thursday, October 19th. Finally, Mizuho reaffirmed a “hold” rating and set a $110.00 price target on shares of NXP Semiconductors in a research note on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $113.11.

Shares of NXP Semiconductors (NASDAQ:NXPI) traded up $0.66 during trading on Friday, reaching $120.00. The company had a trading volume of 3,981,600 shares, compared to its average volume of 2,354,892. The stock has a market cap of $41,700.00, a P/E ratio of 21.24, a P/E/G ratio of 0.88 and a beta of 0.82. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.59 and a current ratio of 2.04. NXP Semiconductors has a 1 year low of $96.00 and a 1 year high of $120.20.

Hedge funds and other institutional investors have recently modified their holdings of the company. Fieldpoint Private Securities LLC acquired a new position in shares of NXP Semiconductors during the 3rd quarter valued at about $113,000. Risk Paradigm Group LLC increased its holdings in shares of NXP Semiconductors by 92.3% during the 3rd quarter. Risk Paradigm Group LLC now owns 1,192 shares of the semiconductor provider’s stock valued at $135,000 after acquiring an additional 572 shares during the last quarter. Horan Capital Advisors LLC. acquired a new position in shares of NXP Semiconductors during the 3rd quarter valued at about $136,000. Picton Mahoney Asset Management acquired a new position in shares of NXP Semiconductors during the 2nd quarter valued at about $165,000. Finally, BT Investment Management Ltd acquired a new position in shares of NXP Semiconductors during the 2nd quarter valued at about $166,000. 82.24% of the stock is currently owned by institutional investors and hedge funds.

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NXP Semiconductors Company Profile

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.

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