NXP Semiconductors NV (NASDAQ: NXPI) has reported E.P.S. of $2.58 for its second fiscal quarter (ending June 30) versus $2.69 for the same period a year ago — a decline of -4%. Relative to the consensus estimate of $3.21, this was a shortfall of $-0.63. For the latest four quarters through June 30, E.P.S. were $10.84 compared to $10.65 a year ago — an increase of 2%.
Recent Price Action
NXP Semiconductors NV (NASDAQ: NXPI) stock enjoyed a very large increase of 5.4% on 7/22/24. The shares closed at $283.81. Moreover, this advance was accompanied by exceptionally high trading volume at 212% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 1.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, NXPI is expected to continue to be a major Value Builder.
NXP Semiconductors has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. NXP Semiconductors has a neutral Appreciation Score of 40 but a good Power Rating of 82, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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