Analysts Expect NXP Semiconductors NV (NASDAQ:NXPI) Will Announce Earnings of $1.62 Per Share

Wall Street analysts expect NXP Semiconductors NV (NASDAQ:NXPI) to post earnings per share of $1.62 for the current quarter, according to Zacks. Nine analysts have issued estimates for NXP Semiconductors’ earnings, with the highest EPS estimate coming in at $1.68 and the lowest estimate coming in at $1.59. NXP Semiconductors posted earnings of $1.81 per share in the same quarter last year, which suggests a negative year over year growth rate of 10.5%. The firm is expected to announce its next earnings report on Wednesday, October 30th.

According to Zacks, analysts expect that NXP Semiconductors will report full-year earnings of $6.34 per share for the current financial year, with EPS estimates ranging from $6.15 to $6.43. For the next financial year, analysts expect that the company will post earnings of $7.56 per share, with EPS estimates ranging from $6.60 to $9.20. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow NXP Semiconductors.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Tuesday, July 30th. The semiconductor provider reported $2.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.48 by $0.52. NXP Semiconductors had a return on equity of 22.22% and a net margin of 23.10%. The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.20 billion.



Several equities research analysts have recently issued reports on the company. Zacks Investment Research cut NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Saturday, July 27th. Morgan Stanley lifted their target price on NXP Semiconductors from $114.00 to $115.00 and gave the stock an “overweight” rating in a report on Wednesday, July 31st. Loop Capital assumed coverage on NXP Semiconductors in a report on Wednesday, August 28th. They issued a “buy” rating and a $118.00 target price on the stock. Stifel Nicolaus reduced their target price on NXP Semiconductors from $105.00 to $100.00 and set a “hold” rating on the stock in a report on Thursday, August 29th. Finally, ValuEngine cut NXP Semiconductors from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $105.40.

Shares of NXPI stock traded up $0.70 during trading hours on Friday, hitting $110.73. The stock had a trading volume of 1,098,981 shares, compared to its average volume of 3,767,096. NXP Semiconductors has a one year low of $67.62 and a one year high of $112.06. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.82 and a quick ratio of 1.44. The stock’s 50-day moving average price is $102.21 and its two-hundred day moving average price is $97.44. The stock has a market capitalization of $36.40 billion, a price-to-earnings ratio of 18.64, a PEG ratio of 1.36 and a beta of 1.24.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 4th. Shareholders of record on Monday, September 16th will be paid a dividend of $0.375 per share. This is a boost from NXP Semiconductors’s previous quarterly dividend of $0.25. This represents a $1.50 annualized dividend and a yield of 1.35%. The ex-dividend date is Friday, September 13th. NXP Semiconductors’s payout ratio is presently 16.84%.

In other news, Chairman Peter L. Bonfield sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $98.36, for a total transaction of $983,600.00. Following the transaction, the chairman now owns 24,404 shares of the company’s stock, valued at $2,400,377.44. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Keith M. Shull sold 4,196 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $108.14, for a total value of $453,755.44. Following the transaction, the executive vice president now directly owns 9,587 shares in the company, valued at approximately $1,036,738.18. The disclosure for this sale can be found here. Insiders have sold 18,765 shares of company stock worth $1,919,522 over the last three months.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. River & Mercantile Asset Management LLP grew its stake in shares of NXP Semiconductors by 19.8% during the second quarter. River & Mercantile Asset Management LLP now owns 30,300 shares of the semiconductor provider’s stock valued at $2,957,000 after buying an additional 5,000 shares during the last quarter. Rehmann Capital Advisory Group grew its stake in shares of NXP Semiconductors by 17.3% during the second quarter. Rehmann Capital Advisory Group now owns 1,508 shares of the semiconductor provider’s stock valued at $147,000 after buying an additional 222 shares during the last quarter. Boston Partners grew its stake in shares of NXP Semiconductors by 196.1% during the second quarter. Boston Partners now owns 5,020,470 shares of the semiconductor provider’s stock valued at $490,104,000 after buying an additional 3,324,672 shares during the last quarter. Atria Investments LLC grew its stake in shares of NXP Semiconductors by 7.2% during the second quarter. Atria Investments LLC now owns 18,982 shares of the semiconductor provider’s stock valued at $1,913,000 after buying an additional 1,283 shares during the last quarter. Finally, First Dallas Securities Inc. grew its stake in shares of NXP Semiconductors by 122.8% during the second quarter. First Dallas Securities Inc. now owns 7,675 shares of the semiconductor provider’s stock valued at $749,000 after buying an additional 4,230 shares during the last quarter. 74.97% of the stock is currently owned by hedge funds and other institutional investors.

NXP Semiconductors Company Profile

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

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Earnings History and Estimates for NXP Semiconductors (NASDAQ:NXPI)

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