Wall Street analysts forecast that NXP Semiconductors N.V. (NASDAQ:NXPI) will post earnings of $1.82 per share for the current quarter, according to Zacks Investment Research. Six analysts have provided estimates for NXP Semiconductors’ earnings. The lowest EPS estimate is $1.79 and the highest is $1.92. NXP Semiconductors posted earnings of $1.95 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 6.7%. The business is expected to issue its next quarterly earnings report on Wednesday, February 7th.

According to Zacks, analysts expect that NXP Semiconductors will report full-year earnings of $6.57 per share for the current year, with EPS estimates ranging from $6.55 to $6.59. For the next financial year, analysts expect that the business will report earnings of $7.34 per share, with EPS estimates ranging from $6.83 to $7.87. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that cover NXP Semiconductors.

NXPI has been the topic of a number of research analyst reports. Zacks Investment Research upgraded NXP Semiconductors from a “hold” rating to a “buy” rating and set a $131.00 price target on the stock in a report on Tuesday, October 31st. BidaskClub upgraded NXP Semiconductors from a “sell” rating to a “hold” rating in a report on Tuesday, December 12th. Stifel Nicolaus reaffirmed a “hold” rating and set a $110.00 price objective on shares of NXP Semiconductors in a research report on Wednesday, October 4th. KeyCorp reaffirmed a “hold” rating on shares of NXP Semiconductors in a research report on Friday, September 8th. Finally, Jefferies Group set a $110.00 price objective on NXP Semiconductors and gave the company a “hold” rating in a research report on Thursday, October 19th. Nineteen research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $112.57.

A number of institutional investors have recently bought and sold shares of NXPI. Fieldpoint Private Securities LLC bought a new stake in shares of NXP Semiconductors in the 3rd quarter worth approximately $113,000. TT International boosted its position in shares of NXP Semiconductors by 22.6% in the 3rd quarter. TT International now owns 149,423 shares of the semiconductor provider’s stock worth $16,898,000 after purchasing an additional 27,500 shares in the last quarter. Neuberger Berman Group LLC boosted its position in shares of NXP Semiconductors by 11.6% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,025,916 shares of the semiconductor provider’s stock worth $116,021,000 after purchasing an additional 106,897 shares in the last quarter. Piedmont Investment Advisors LLC boosted its position in shares of NXP Semiconductors by 3.7% in the 3rd quarter. Piedmont Investment Advisors LLC now owns 72,813 shares of the semiconductor provider’s stock worth $8,234,000 after purchasing an additional 2,565 shares in the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of NXP Semiconductors by 14.6% in the 3rd quarter. California Public Employees Retirement System now owns 706,188 shares of the semiconductor provider’s stock worth $79,863,000 after purchasing an additional 89,927 shares in the last quarter. 82.72% of the stock is currently owned by institutional investors and hedge funds.

Shares of NXP Semiconductors (NXPI) traded up $0.47 during trading hours on Thursday, reaching $116.35. The company had a trading volume of 1,989,853 shares, compared to its average volume of 2,645,994. NXP Semiconductors has a 52 week low of $96.00 and a 52 week high of $118.20. The stock has a market cap of $39,446.02, a P/E ratio of 20.41, a PEG ratio of 1.01 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.

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About NXP Semiconductors

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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