NXP Semiconductors NV (NASDAQ: NXPI) has reported earnings for its first fiscal quarter (ending March 31) of $2.49 versus $2.37 for the same period a year ago — an increase of 5%. Relative to the consensus estimate of $3.61, this was a shortfall of $-1.12. For the latest four quarters through March 31, E.P.S. were $10.95 versus $10.51 for the same period a year ago — an increase of 4%.
Recent Price Action
NXP Semiconductors NV (NASDAQ: NXPI) stock closed at $247.13 on 4/29/24 after an increase of 1.8%. Moreover, trading volume in this advance was above average at 128% of normal. The stock has risen 14.9% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
NXPI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
NXP Semiconductors has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. NXP Semiconductors has a neutral Appreciation Score of 41 and a slightly positive Power Rating of 69, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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