In the latest close session, NXP Semiconductors (NXPI) was down 1.74% at $223.87. This move lagged the S&P 500’s daily loss of 0.58%. Meanwhile, the Dow experienced a drop of 1.18%, and the technology-dominated Nasdaq saw a decrease of 0.32%. <\/p>\n
The stock of chipmaker has fallen by 2.4% in the past month, lagging the Computer and Technology sector’s gain of 0.12% and the S&P 500’s loss of 0.36%. <\/p>\n
Market participants will be closely following the financial results of NXP Semiconductors in its upcoming release. It is anticipated that the company will report an EPS of $4.13, marking a 32.8% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $3.76 billion, indicating a 18.52% growth compared to the corresponding quarter of the prior year. <\/p>\n
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $15.15 per share and revenue of $14.23 billion, indicating changes of +28.28% and +15.98%, respectively, compared to the previous year. <\/p>\n
Investors should also take note of any recent adjustments to analyst estimates for NXP Semiconductors. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. <\/p>\n
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. <\/p>\n
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. NXP Semiconductors is holding a Zacks Rank of #3 (Hold) right now. <\/p>\n
Investors should also note NXP Semiconductors’s current valuation metrics, including its Forward P\/E ratio of 15.03. For comparison, its industry has an average Forward P\/E of 35.99, which means NXP Semiconductors is trading at a discount to the group. <\/p>\n
One should further note that NXPI currently holds a PEG ratio of 0.7. This metric is used similarly to the famous P\/E ratio, but the PEG ratio also takes into account the stock’s expected earnings growth rate. As the market closed yesterday, the Semiconductor – Analog and Mixed industry was having an average PEG ratio of 0.7. <\/p>\n","protected":false},"excerpt":{"rendered":"In the latest close session, NXP Semiconductors (NXPI) was down 1.74% at $223.87. This move lagged the S&P…\n","protected":false},"author":2,"featured_media":44218,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[166,203,204,402],"class_list":["post-44217","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nxp","tag-nxp","tag-nxp-semiconductors","tag-nxpi","tag-zacks-rank"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/44217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/comments?post=44217"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/44217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media\/44218"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media?parent=44217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/categories?post=44217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/tags?post=44217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}