Brokerages expect that NXP Semiconductors NV (NASDAQ:NXPI) will report $1.68 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for NXP Semiconductors’ earnings, with the lowest EPS estimate coming in at $1.59 and the highest estimate coming in at $1.78. NXP Semiconductors posted earnings of $1.75 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 4%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, May 2nd.
According to Zacks, analysts expect that NXP Semiconductors will report full year earnings of $7.35 per share for the current financial year, with EPS estimates ranging from $6.96 to $7.87. For the next fiscal year, analysts forecast that the company will report earnings of $7.94 per share, with EPS estimates ranging from $7.60 to $8.37. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for NXP Semiconductors.
Several research firms recently issued reports on NXPI. Needham & Company LLC reiterated a “strong-buy” rating and issued a $130.00 price objective (up previously from $110.00) on shares of NXP Semiconductors in a report on Thursday, February 1st. Zacks Investment Research upgraded NXP Semiconductors from a “sell” rating to a “hold” rating in a report on Thursday, February 1st. BidaskClub downgraded NXP Semiconductors from a “sell” rating to a “strong sell” rating in a report on Friday, January 26th. Sanford C. Bernstein set a $125.00 price objective on NXP Semiconductors and gave the company a “hold” rating in a report on Thursday, February 8th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors in a report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $116.13.
Shares of NXP Semiconductors (NASDAQ:NXPI) opened at $118.50 on Tuesday. The company has a quick ratio of 1.77, a current ratio of 2.22 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $40,174.93, a price-to-earnings ratio of 18.49, a P/E/G ratio of 0.91 and a beta of 0.72. NXP Semiconductors has a 1-year low of $102.18 and a 1-year high of $121.50.
TRADEMARK VIOLATION WARNING: “” was published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this report on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The legal version of this report can be accessed at https://stocknewstimes.com/2018/03/14/1413010.html.
NXP Semiconductors Company Profile
NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.