A number of research firms have changed their ratings and price targets for NXP Semiconductors (NASDAQ: NXPI):

  • 9/17/2018 – NXP Semiconductors was upgraded by analysts at Bank of America Corp from a “neutral” rating to a “buy” rating. They now have a $120.00 price target on the stock, up previously from $110.00.
  • 9/13/2018 – NXP Semiconductors had its price target raised by analysts at Cowen Inc from $111.00 to $114.00. They now have an “outperform” rating on the stock.
  • 9/12/2018 – NXP Semiconductors was downgraded by analysts at Stifel Nicolaus from a “hold” rating to a “sell” rating. They now have a $84.00 price target on the stock, down previously from $99.00.
  • 9/12/2018 – NXP Semiconductors had its “buy” rating reaffirmed by analysts at Mizuho. They now have a $115.00 price target on the stock. They wrote, “We believe NXPI continues to see strong automotive and industrial tailwinds, is outgrowing TAMs with increasing auto content with ADAS and electrification, and industrial growth with core 32 bit MCUs and emerging IoT. NXP also benefits from a new focus on returning cash to shareholders with the $5B buyback still having $1.2B remaining and a new ~1% dividend. We are buyers on the pullback. Reiterating our Buy- $115PT.””
  • 9/7/2018 – NXP Semiconductors is now covered by analysts at Credit Suisse Group AG. They set an “outperform” rating and a $125.00 price target on the stock.
  • 9/7/2018 – NXP Semiconductors is now covered by analysts at Cowen Inc. They set an “outperform” rating and a $111.00 price target on the stock.
  • 8/7/2018 – NXP Semiconductors was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe. “
  • 8/3/2018 – NXP Semiconductors was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $107.00 price target on the stock. According to Zacks, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe. “
  • 8/2/2018 – NXP Semiconductors is now covered by analysts at Barclays PLC. They set an “equal weight” rating on the stock.
  • 7/31/2018 – NXP Semiconductors was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe. “
  • 7/30/2018 – NXP Semiconductors had its price target lowered by analysts at Needham & Company LLC to $120.00. They now have a “strong-buy” rating on the stock. They wrote, “After 21 months since its last report, NXPI posted a solid quarter/guide. The stock had a knee-jerk reaction following the print but we believe it will stabilize as analysts reset estimates and fundamental investors begin to reevaluate the shares. Net, we calculate the company could earn $7.20 of 4.5% growth at 30.2% OM. The $5BN buyback could add $1.14-$-1.34 of incremental EPS. Moreover, in our view, the mix of revenue is much healthier than it was two years ago: auto and industrial end markets account for 67% of sales and the consumer orientated SIS segment is down to 6% of sales. Our new $120 PT implies 16.7x a discount to its peers.””

Shares of NXP Semiconductors stock opened at $85.29 on Thursday. The company has a current ratio of 2.98, a quick ratio of 2.26 and a debt-to-equity ratio of 0.39. NXP Semiconductors NV has a 52-week low of $84.35 and a 52-week high of $125.93. The company has a market capitalization of $29.73 billion, a PE ratio of 11.88, a PEG ratio of 0.72 and a beta of 0.82.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Thursday, July 26th. The semiconductor provider reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.43 by ($0.33). NXP Semiconductors had a return on equity of 16.24% and a net margin of 10.35%. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.36 billion. analysts predict that NXP Semiconductors NV will post 6.04 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 5th. Stockholders of record on Tuesday, September 25th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Monday, September 24th. NXP Semiconductors’s dividend payout ratio is 11.84%.

Several institutional investors have recently modified their holdings of NXPI. Victory Capital Management Inc. bought a new position in shares of NXP Semiconductors in the first quarter worth approximately $650,000. Prudential Financial Inc. boosted its holdings in NXP Semiconductors by 10.0% in the first quarter. Prudential Financial Inc. now owns 46,295 shares of the semiconductor provider’s stock valued at $5,417,000 after acquiring an additional 4,212 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in NXP Semiconductors by 6.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 141,682 shares of the semiconductor provider’s stock valued at $16,577,000 after acquiring an additional 8,915 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in NXP Semiconductors by 13.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 9,974 shares of the semiconductor provider’s stock valued at $1,167,000 after acquiring an additional 1,162 shares in the last quarter. Finally, First Republic Investment Management Inc. boosted its holdings in NXP Semiconductors by 2.1% in the first quarter. First Republic Investment Management Inc. now owns 49,112 shares of the semiconductor provider’s stock valued at $5,746,000 after acquiring an additional 1,006 shares in the last quarter. Hedge funds and other institutional investors own 83.49% of the company’s stock.

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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