Stock Rating Downgrade
The Value Trend Rating for NXP Semiconductors NV (NASDAQ: NXPI) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 8/16/24, NXP Semiconductors NV (NASDAQ: NXPI) stock rose modestly by 0.5%, closing at $254.44. However, this advance was accompanied by below average trading volume at 67% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 3.8% 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 C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. NXP Semiconductors has a slightly negative Appreciation Score of 40 but a good Power Rating of 81, and the High Neutral Value Trend Rating results.
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