ST Microelectronics (NYSE: STM) is -49.13% lower on its value in year-to-date trading and has touched a low of $23.95 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 $25.41 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $25.50, the stock is -1.16% and -6.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.28 million and changing 0.35% at the moment leaves the stock -29.68% off its SMA200. STM registered -45.76% loss for a year compared to 6-month loss of -39.24%. The firm has a 50-day simple moving average (SMA 50) of $27.2394 and a 200-day simple moving average (SMA200) of $36.26445.
The stock witnessed a -7.44% gain in the last 1 month and extending the period to 3 months gives it a -20.19%, and is 3.91% 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 2.35% over the week and 2.11% over the month.
ST Microelectronics (STM) has around 51323 employees, a market worth around $22.77B and $14.23B in sales. Current P/E ratio is 10.47 and Fwd P/E is 18.30. Profit margin for the company is 16.11%. Distance from 52-week low is 6.45% and -50.26% from its 52-week high. The company has generated returns on investments over the last 12 months (11.65%).
The EPS is expected to shrink by -63.24% this year.
ST Microelectronics (STM) Top Institutional Holders
417.0 institutions hold shares in ST Microelectronics (STM), with institutional investors hold 8.54% of the company’s shares. The shares outstanding are 902.77M, and float is at 893.03M with Short Float at 1.03%. Institutions hold 8.54% 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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