Is NXP Semiconductors N.V. (NXPI) a good stock to buy now?

NXP Semiconductors N.V. (NASDAQ: NXPI) is 10.07% higher on its value in year-to-date trading and has touched a low of $58.41 and a high of $182.55 in the current 52-week trading range. The NXPI stock was last observed hovering at around $175.03 in the last trading session, with the day’s loss setting it -0.45% off its average median price target of $170.00 for the next 12 months. It is also 14.84% off the consensus price target high of $205.00 offered by 28 analysts, but current levels are -24.7% lower than the price target low of $140.00 for the same period.

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Currently trading at $174.58, the stock is 8.73% and 13.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing -0.26% at the moment leaves the stock 41.21% off its SMA200. NXPI registered 35.49% gain for a year compared to 6-month gain of 49.47%. The firm has a 50-day simple moving average (SMA 50) of $160.37 and a 200-day simple moving average (SMA200) of $135.29.

The stock witnessed a 5.21% loss in the last 1 month and extending the period to 3 months gives it a 29.82%, and is 10.07% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.21% over the week and 2.89% over the month.

NXP Semiconductors N.V. (NXPI) has around 29000 employees, a market worth around $48.95B and $8.41B in sales. Fwd P/E is 21.42. Distance from 52-week low is 198.89% and -4.37% from its 52-week high. The company has generated returns on investments over the last 12 months (3.60%).

NXP Semiconductors N.V. (NXPI) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for NXP Semiconductors N.V. (NXPI) is a “Overweight”. 28 analysts offering their recommendations for the stock have an average rating of 2.20, where 8 rate it as a Hold and 2 think it is a “Overweight”. 16 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

NXP Semiconductors N.V. is expected to release its quarterly report on 05/05/2021 and quarterly earnings per share for the current quarter are estimated at $2.09 with sales reaching $2.45B over the same period.The EPS is expected to shrink by -87.30% this year, but quarterly earnings will post -3.50% year-over-year. Quarterly sales are estimated to grow 6.70% in year-over-year returns.

NXP Semiconductors N.V. (NXPI) Top Institutional Holders

1,070 institutions hold shares in NXP Semiconductors N.V. (NXPI), with 1.35M shares held by insiders accounting for 0.48% while institutional investors hold 96.13% of the company’s shares. The shares outstanding are 279.47M, and float is at 278.40M with Short Float at 1.74%. Institutions hold 95.67% of the Float.

The top institutional shareholder in the company is Price (T.Rowe) Associates Inc with over 28.91 million shares valued at $3.61 billion. The investor’s holdings represent 10.33% of the NXPI Shares outstanding. As of Sep 29, 2020, the second largest holder is FMR, LLC with 27.92 million shares valued at $3.48 billion to account for 9.98% of the shares outstanding. The other top investors are Blackrock Inc. which holds 15.96 million shares representing 5.71% and valued at over $1.99 billion, while JP Morgan Chase & Company holds 4.14% of the shares totaling 11.58 million with a market value of $1.44 billion.

NXP Semiconductors N.V. (NXPI) Insider Activity

A total of 47 insider transactions have happened at NXP Semiconductors N.V. (NXPI) in the last six months, with sales accounting for 26 and purchases happening 21 times. The most recent transaction is an insider sale by Owen Stephen, the company’s EVP Sales & Marketing. SEC filings show that Owen Stephen sold 7,313 shares of the company’s common stock on Dec 08 at a price of $165.35 per share for a total of $1.21 million. Following the sale, the insider now owns 0.0 shares.

NXP Semiconductors N.V. disclosed in a document filed with the SEC on Dec 01 that Southern Julie (Director) sold a total of 4,000 shares of the company’s common stock. The trade occurred on Dec 01 and was made at $160.65 per share for $0.64 million. Following the transaction, the insider now directly holds 8146.0 shares of the NXPI stock.

Still, SEC filings show that on Nov 24, David Reed (EVP Operations) disposed off 2,815 shares at an average price of $157.85 for $0.44 million. The insider now directly holds 30,578 shares of NXP Semiconductors N.V. (NXPI).

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NXP Semiconductors N.V. (NXPI): Who are the competitors?

The company’s main competitors (and peers) include Marvell Technology Group Ltd. (MRVL) that is trading 88.05% up over the past 12 months. Analog Devices Inc. (ADI) is 29.90% up on the 1-year trading charts. Short interest in the company’s stock has fallen -1.45% from the last report on Nov 12, 2020 to stand at a total of 4.91 million short shares sold with a short interest ratio of 2.49.

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