ST Microelectronics (NYSE: STM) is -43.07% lower on its value in year-to-date trading and has touched a low of $26.62 and a high of $51.27 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 $28.22 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $28.54, the stock is 1.85% and -1.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.22 million and changing 1.13% at the moment leaves the stock -25.69% off its SMA200. STM registered -29.09% loss for a year compared to 6-month loss of -30.69%. The firm has a 50-day simple moving average (SMA 50) of $28.9396 and a 200-day simple moving average (SMA200) of $38.40435.
The stock witnessed a -5.99% gain in the last 1 month and extending the period to 3 months gives it a -12.43%, and is 4.05% 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 2.04% over the week and 2.14% over the month.
ST Microelectronics (STM) has around 51323 employees, a market worth around $25.54B and $15.41B in sales. Current P/E ratio is 8.88 and Fwd P/E is 13.74. Profit margin for the company is 19.68%. Distance from 52-week low is 7.19% and -44.33% from its 52-week high. The company has generated returns on investments over the last 12 months (15.26%).
with sales reaching $3.25B over the same period.The EPS is expected to shrink by -63.55% this year, but quarterly earnings will post -22.70% year-over-year. Quarterly sales are estimated to shrink -26.70% in year-over-year returns.
ST Microelectronics (STM) Top Institutional Holders
433.0 institutions hold shares in ST Microelectronics (STM), with institutional investors hold 7.24% of the company’s shares. The shares outstanding are 902.77M, and float is at 894.71M with Short Float at 0.89%. Institutions hold 7.24% of the Float.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 6.48 million shares valued at $254.39 million. The investor’s holdings represent 0.7189% of the STM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.6 million shares valued at $219.81 million to account for 0.6212 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 4.14 million shares representing 0.4599% and valued at over $162.74 million, while CAPITAL INTERNATIONAL INVESTORS holds 0.3503 of the shares totaling 3.16 million with a market value of $123.03 million.
ST Microelectronics (STM) Insider Activity
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