NXP Semiconductors (NXPI) to Release Earnings on Monday

NXP Semiconductors (NASDAQ:NXPI) is scheduled to post its quarterly earnings results after the market closes on Monday, April 29th. Analysts expect NXP Semiconductors to post earnings of $2.78 per share for the quarter. NXP Semiconductors has set its Q1 guidance at $2.97-3.38 EPS and its Q1 2024 guidance at 2.970-3.380 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Monday, February 5th. The semiconductor provider reported $3.37 EPS for the quarter, beating the consensus estimate of $3.33 by $0.04. NXP Semiconductors had a return on equity of 38.94% and a net margin of 21.07%. The firm had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.40 billion. On average, analysts expect NXP Semiconductors to post $12 EPS for the current fiscal year and $14 EPS for the next fiscal year.

NXP Semiconductors Stock Up 1.9 %

NASDAQ NXPI opened at $242.70 on Friday. The business has a fifty day moving average price of $241.20 and a 200 day moving average price of $219.73. NXP Semiconductors has a one year low of $155.31 and a one year high of $264.26. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.39 and a current ratio of 1.91. The company has a market cap of $62.16 billion, a P/E ratio of 22.66, a P/E/G ratio of 0.89 and a beta of 1.59.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Thursday, March 21st were paid a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend was Wednesday, March 20th. NXP Semiconductors’s dividend payout ratio is currently 37.91%.

Analyst Upgrades and Downgrades

NXPI has been the subject of a number of recent research reports. Cantor Fitzgerald raised their target price on NXP Semiconductors from $270.00 to $290.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. Stifel Nicolaus raised their target price on NXP Semiconductors from $190.00 to $210.00 and gave the stock a “hold” rating in a research note on Tuesday, January 2nd. Evercore ISI initiated coverage on NXP Semiconductors in a research note on Tuesday, April 16th. They issued an “outperform” rating and a $300.00 target price for the company. Morgan Stanley raised their target price on NXP Semiconductors from $221.00 to $224.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 7th. Finally, Oppenheimer raised their target price on NXP Semiconductors from $220.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, February 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $242.29.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.