ST Microelectronics (NYSE: STM) is -34.62% lower on its value in year-to-date trading and has touched a low of $17.25 and a high of $35.41 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 $26.73 in the last trading session, with the day’s loss setting it -0.41%.
Currently trading at $26.32, the stock is -16.03% and -9.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.56 million and changing -1.53% at the moment leaves the stock 1.94% off its SMA200. STM registered 5.41% gain for a year compared to 6-month gain of 2.06%. The firm has a 50-day simple moving average (SMA 50) of $29.0488 and a 200-day simple moving average (SMA200) of $25.81855.
The stock witnessed a -12.09% loss in the last 1 month and extending the period to 3 months gives it a 12.77%, and is -19.14% 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 2.25% over the week and 1.97% over the month.
ST Microelectronics (STM) has around 49602 employees, a market worth around $23.32B and $11.87B in sales. Current P/E ratio is 38.37 and Fwd P/E is 17.57. Profit margin for the company is 5.45%. Distance from 52-week low is 52.58% and -25.67% from its 52-week high. The company has generated returns on investments over the last 12 months (3.28%).
with sales reaching $3.19B over the same period.The EPS is expected to shrink by -62.02% this year, but quarterly earnings will post -11.09% year-over-year. Quarterly sales are estimated to shrink -1.93% in year-over-year returns.
ST Microelectronics (STM) Top Institutional Holders
391.0 institutions hold shares in ST Microelectronics (STM), with institutional investors hold 10.99% of the company’s shares. Institutions hold 10.99% 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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