STMicroelectronics N.V. (NYSE: STM) is 24.63% higher on its value in year-to-date trading and has touched a low of $28.35 and a high of $53.53 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The STM stock was last observed hovering at around $45.41 in the last trading session, with the day’s loss setting it -1.08%.
Currently trading at $44.33, the stock is 2.47% and -6.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.3 million and changing -2.38% at the moment leaves the stock 8.69% off its SMA200. STM registered 13.46% gain for a year compared to 6-month gain of 15.71%. The firm has a 50-day simple moving average (SMA 50) of $2.18 and a 200-day simple moving average (SMA200) of $5.95.
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The stock witnessed a -5.16% loss in the last 1 month and extending the period to 3 months gives it a -6.36%, and is 4.33% 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 1.84% over the week and 1.77% over the month.
STMicroelectronics N.V. (STM) has around 51370 employees, a market worth around $40.00B and $16.83B in sales. Current P/E ratio is 9.84 and Fwd P/E is 10.73. Profit margin for the company is 25.30%. Distance from 52-week low is 56.37% and -17.19% from its 52-week high. The company has generated returns on investments over the last 12 months (25.40%).
STMicroelectronics N.V. (STM) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for STMicroelectronics N.V. (STM) is a “Overweight”. 27 analysts offering their recommendations for the stock have an average rating of 2.40, where 8 rate it as a Hold and 5 think it is a “Overweight”. 11 of the analysts rate the stock as a “Buy”. 3 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 93.50% this year.
STMicroelectronics N.V. (STM) Top Institutional Holders
The shares outstanding are 945.30M, and float is at 661.94M with Short Float at 1.29%.
STMicroelectronics N.V. (STM): Who are the competitors?
The company’s main competitors (and peers) include NVIDIA Corporation (NVDA) that is trading 83.83% up over the past 12 months and Amtech Systems Inc. (ASYS) that is 12.67% higher over the same period. Analog Devices Inc. (ADI) is 15.69% up on the 1-year trading charts.