NXP Semiconductors NV [NXPI] is -4.47% lower this YTD. Is it still time to buy?

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NXP Semiconductors NV [NASDAQ: NXPI] stock went on a downward path that fall over -1.03% on Thursday, amounting to a one-week price increase of more than 3.69%. The company report on January 23, 2024 at 8:00 AM that HONEYWELL TRANSFORMS BUILDING MANAGEMENT WITH FIRST-OF-ITS-KIND TECHNOLOGY.

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Over the last 12 months, NXPI stock rose by 26.70%. The one-year NXP Semiconductors NV stock forecast points to a potential upside of 6.17. The average equity rating for NXPI stock is currently 1.96, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $56.56 billion, with 259.46 million shares outstanding and 257.43 million shares in the current float. Compared to the average trading volume of 2.31M shares, NXPI stock reached a trading volume of 2376211 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on NXP Semiconductors NV [NXPI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NXPI shares is $233.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NXPI stock is a recommendation set at 1.96. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Cantor Fitzgerald have made an estimate for NXP Semiconductors NV shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 23, 2024.

The Average True Range (ATR) for NXP Semiconductors NV is set at 6.04, with the Price to Sales ratio for NXPI stock in the period of the last 12 months amounting to 4.30. The Price to Book ratio for the last quarter was 6.64, with the Price to Cash per share for the same quarter was set at 15.68. Price to Free Cash Flow for NXPI in the course of the last twelve months was 21.67 with Quick ratio for the last quarter at 1.38.

NXPI Stock Performance Analysis:

NXP Semiconductors NV [NXPI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.69. With this latest performance, NXPI shares dropped by -4.17% in over the last four-week period, additionally plugging by 0.43% over the last 6 months – not to mention a rise of 26.70% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NXPI stock in for the last two-week period is set at 54.35, with the RSI for the last a single of trading hit 55.38, and the three-weeks RSI is set at 54.48 for NXP Semiconductors NV [NXPI]. The present Moving Average for the last 50 days of trading for this stock 213.42, while it was recorded at 220.45 for the last single week of trading, and 197.50 for the last 200 days.

Insight into NXP Semiconductors NV Fundamentals:

NXP Semiconductors NV’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.38 and a Current Ratio set at 1.92.

NXPI Stock EPS

With the latest financial reports released by the company, NXP Semiconductors NV posted 3.63/share EPS, while the average EPS was predicted by analysts to be reported at 3.6/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NXPI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NXP Semiconductors NV go to 10.00%.

NXP Semiconductors NV [NXPI] Institutonal Ownership Details

The top three institutional holders of NXPI stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in NXPI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in NXPI stock with ownership which is approximately 5.8325%.