$1.69 EPS Expected for NXP Semiconductors (NXPI) This Quarter

Equities analysts expect NXP Semiconductors (NASDAQ:NXPI) to post earnings per share of $1.69 for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for NXP Semiconductors’ earnings, with the highest EPS estimate coming in at $1.88 and the lowest estimate coming in at $1.59. NXP Semiconductors posted earnings of $1.75 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 3.4%. The firm is expected to report its next quarterly earnings results on Wednesday, May 2nd.

According to Zacks, analysts expect that NXP Semiconductors will report full year earnings of $7.37 per share for the current fiscal year, with EPS estimates ranging from $6.96 to $7.97. For the next year, analysts expect that the company will report earnings of $8.10 per share, with EPS estimates ranging from $7.60 to $8.69. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that follow NXP Semiconductors.

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NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Wednesday, February 7th. The semiconductor provider reported $3.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $1.45. The business had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.37 billion. NXP Semiconductors had a net margin of 23.93% and a return on equity of 18.68%.

A number of equities analysts have recently issued reports on the stock. BidaskClub upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Wednesday, March 21st. Robert W. Baird reiterated a “hold” rating on shares of NXP Semiconductors in a research report on Friday, February 23rd. ValuEngine upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Deutsche Bank began coverage on shares of NXP Semiconductors in a research report on Thursday, March 15th. They issued a “hold” rating and a $127.50 price objective on the stock. Finally, Zacks Investment Research upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Thursday, February 1st. Fifteen equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. NXP Semiconductors currently has an average rating of “Hold” and a consensus target price of $119.12.

Shares of NXPI traded down $1.78 during mid-day trading on Monday, reaching $115.22. 4,566,125 shares of the company’s stock were exchanged, compared to its average volume of 3,980,007. The company has a current ratio of 2.22, a quick ratio of 1.77 and a debt-to-equity ratio of 0.42. The firm has a market cap of $40,206.46, a PE ratio of 16.05, a price-to-earnings-growth ratio of 0.90 and a beta of 0.78. NXP Semiconductors has a 52-week low of $103.16 and a 52-week high of $125.93.

Several hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. boosted its position in shares of NXP Semiconductors by 1.9% during the 4th quarter. BlackRock Inc. now owns 19,595,554 shares of the semiconductor provider’s stock worth $2,294,444,000 after purchasing an additional 366,810 shares in the last quarter. HBK Investments L P boosted its position in shares of NXP Semiconductors by 3.7% during the 4th quarter. HBK Investments L P now owns 14,858,400 shares of the semiconductor provider’s stock worth $1,739,770,000 after purchasing an additional 524,967 shares in the last quarter. Farallon Capital Management LLC boosted its position in shares of NXP Semiconductors by 1.2% during the 4th quarter. Farallon Capital Management LLC now owns 7,815,000 shares of the semiconductor provider’s stock worth $915,058,000 after purchasing an additional 90,000 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of NXP Semiconductors by 35.5% during the 4th quarter. Renaissance Technologies LLC now owns 3,251,504 shares of the semiconductor provider’s stock worth $380,719,000 after purchasing an additional 852,289 shares in the last quarter. Finally, Cowen Inc. boosted its position in shares of NXP Semiconductors by 160.7% during the 3rd quarter. Cowen Inc. now owns 2,916,094 shares of the semiconductor provider’s stock worth $329,781,000 after purchasing an additional 1,797,529 shares in the last quarter. Institutional investors own 82.62% of the company’s stock.

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NXP Semiconductors Company Profile

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

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