ST Microelectronics (STM): These Numbers Show Where NYSE:STM Stock Is Going Next

ST Microelectronics (NYSE: STM) is -7.72% lower on its value in year-to-date trading and has touched a low of $37.21 and a high of $55.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The STM stock was last observed hovering at around $45.17 in the last trading session, with the day’s gains setting it 1.09%.

Currently trading at $46.26, the stock is 3.90% and -0.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.1 million and changing 2.41% at the moment leaves the stock 0.99% off its SMA200. STM registered -4.58% loss for a year compared to 6-month loss of -4.54%. The firm has a 50-day simple moving average (SMA 50) of $2.22 and a 200-day simple moving average (SMA200) of $6.23.

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The stock witnessed a 4.21% gain in the last 1 month and extending the period to 3 months gives it a 12.88%, and is 5.98% 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 1.63% over the week and 1.88% over the month.

ST Microelectronics (STM) has around Mar 18 2024 employees, a market worth around $41.73B and $17.29B in sales. Current P/E ratio is 10.37 and Fwd P/E is 11.48. Profit margin for the company is 24.36%. Distance from 52-week low is 24.32% and -17.17% from its 52-week high. The company has generated returns on investments over the last 12 months (21.66%).

ST Microelectronics quarterly earnings per share for the current quarter are estimated at $0.63 with sales reaching $3.69B over the same period.The EPS is expected to shrink by -26.40% this year, but quarterly earnings will post -5.70% year-over-year. Quarterly sales are estimated to shrink -13.20% in year-over-year returns.

ST Microelectronics (STM) Top Institutional Holders

441 institutions hold shares in ST Microelectronics (STM), with institutional investors hold 6.11% of the company’s shares. The shares outstanding are 902.77M, and float is at 902.05M with Short Float at 0.60%. Institutions hold 6.11% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 3.56 million shares valued at $177.81 million. The investor’s holdings represent 0.39% of the STM Shares outstanding. As of Jun 29, 2023, the second largest holder is Van Eck Associates Corporation with 3.49 million shares valued at $174.61 million to account for 0.38% of the shares outstanding. The other top investors are Capital International Investors which holds 2.81 million shares representing 0.31% and valued at over $140.69 million, while Point72 Asset Management, L.P. holds 0.25% of the shares totaling 2.24 million with a market value of $111.87 million.

ST Microelectronics (STM) Insider Activity

A total of 5 insider transactions have happened at ST Microelectronics (STM) in the last six months, with sales accounting for 1 and purchases happening 4 times.

ST Microelectronics (STM): Who are the competitors?

The company’s main competitors (and peers) include NVIDIA Corp. (NVDA) that is trading 231.07% up over the past 12 months. Amtech Systems Inc. (ASYS) that is -63.60% lower over the same period.