ST Microelectronics (NYSE: STM) is -2.96% lower on its value in year-to-date trading and has touched a low of $21.36 and a high of $49.05 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 $24.69 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $24.23, the stock is -1.01% and -2.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.73 million and changing -1.86% at the moment leaves the stock -21.16% off its SMA200. STM registered -46.06% loss for a year compared to 6-month loss of -21.86%.
The stock witnessed a 7.59% gain in the last 1 month and extending the period to 3 months gives it a -5.24%, and is -11.60% down 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 3.67% over the week and 2.80% over the month.
ST Microelectronics (STM) has around 49602 employees, a market worth around $21.56B and $13.27B in sales. Current P/E ratio is 14.61 and Fwd P/E is 14.06. Profit margin for the company is 11.74%. Distance from 52-week low is 13.44% and -50.60% from its 52-week high. The company has generated returns on investments over the last 12 months (7.96%).
with sales reaching $2.55B over the same period.The EPS is expected to shrink by -50.46% this year, but quarterly earnings will post -11.32% year-over-year. Quarterly sales are estimated to shrink -26.38% in year-over-year returns.
ST Microelectronics (STM) Top Institutional Holders
The shares outstanding are 898.18M, and float is at 889.66M with Short Float at 1.88%.
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
A total of 0 insider transactions have happened at ST Microelectronics (STM) in the last six months, with sales accounting for 0 and purchases happening 0 times.
ST Microelectronics (STM): Who are the competitors?
The company’s main competitors (and peers) include NVIDIA Corp. (NVDA) that is trading 33.82% up over the past 12 months. Amtech Systems Inc. (ASYS) that is 1.85% higher over the same period.
