Media stories about STMicroelectronics N.V. (NYSE:STM) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. STMicroelectronics N.V. earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the semiconductor producer an impact score of 46.4184586125155 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Body Worn Temperature Sensors Market Gain with Extensive Industry Analysis to 2025 (sbwire.com)
- STMicroelectronics NV (STMEF) Momentum Pushing Higher - FLBC News (flbcnews.com)
- STMicroelectronics NV (STMEF) Sees AroonUp Showing Strong Upward Momentum - FLBC News (flbcnews.com)
- Is The Needle Ready to Move For STMicroelectronics NV (STM) Shares? - FLBC News (flbcnews.com)
- Silicon photonics market to reach $810000 thousand with CAGR of 40.95 % by 2025 according to new research report (whatech.com)
STMicroelectronics N.V. (NYSE:STM) traded up 0.94% on Friday, reaching $17.10. The company had a trading volume of 3,170,619 shares. STMicroelectronics N.V. has a 12-month low of $7.24 and a 12-month high of $17.46. The stock has a market capitalization of $15.18 billion, a PE ratio of 34.97 and a beta of 0.66. The stock’s 50 day moving average price is $16.59 and its 200-day moving average price is $15.76.
STMicroelectronics N.V. (NYSE:STM) last posted its quarterly earnings results on Wednesday, July 26th. The semiconductor producer reported $0.17 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by $0.01. The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.92 billion. STMicroelectronics N.V. had a return on equity of 10.60% and a net margin of 5.97%. The business’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.03 earnings per share. Equities analysts expect that STMicroelectronics N.V. will post $0.82 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 26th. Stockholders of record on Tuesday, September 19th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Monday, September 18th. STMicroelectronics N.V.’s dividend payout ratio is currently 40.00%.
STMicroelectronics N.V. declared that its board has authorized a stock buyback program on Thursday, June 22nd that allows the company to repurchase $297.00 million in outstanding shares. This repurchase authorization allows the semiconductor producer to repurchase up to 2.2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.
STM has been the topic of several research analyst reports. BidaskClub cut shares of STMicroelectronics N.V. from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 27th. Stifel Nicolaus raised shares of STMicroelectronics N.V. from a “hold” rating to a “buy” rating and decreased their price target for the stock from $14.84 to $14.50 in a report on Tuesday, June 27th. Zacks Investment Research raised shares of STMicroelectronics N.V. from a “sell” rating to a “hold” rating and set a $19.00 price target on the stock in a report on Saturday, July 29th. Robert W. Baird upped their price target on shares of STMicroelectronics N.V. from $15.00 to $20.00 and gave the stock an “outperform” rating in a report on Friday, April 28th. Finally, J P Morgan Chase & Co raised shares of STMicroelectronics N.V. from a “neutral” rating to an “overweight” rating in a report on Tuesday, July 11th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $18.38.
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About STMicroelectronics N.V.
STMicroelectronics N.V. is a global semiconductor company that designs, develops, manufactures and markets a range of products, including discrete and standard commodity components, and application-specific integrated circuits (ASICs) for analog, digital and mixed-signal applications. The Company’s segments include Automotive and Discrete Group (ADG), Analog and MEMS Group (AMG), Microcontrollers and Digital ICs Group (MDG), and Others.
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