ST Microelectronics [NYSE: STM] loss -1.64% on the last trading session, reaching $24.54 price per share at the time.
If compared to the average trading volume of 4.81M shares, STM reached a trading volume of 4934290 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about ST Microelectronics [STM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for STM shares is $31.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on STM stock is a recommendation set at 2.00. 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.
Morgan Stanley have made an estimate for ST Microelectronics shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on November 04, 2024. While these analysts kept the previous recommendation, TD Cowen dropped their target price from $50 to $40. The new note on the price target was released on July 26, 2024, representing the official price target for ST Microelectronics stock. On June 18, 2024, analysts increased their price target for STM shares from 35.50 to 45.80.
The Average True Range (ATR) for ST Microelectronics is set at 0.78, with the Price to Sales ratio for STM stock in the period of the last 12 months amounting to 1.54. The Price to Book ratio for the last quarter was 1.26, with the Price to Cash per share for the same quarter was set at 7.05. Price to Free Cash Flow for STM in the course of the last twelve months was 40.06 with Quick ratio for the last quarter at 2.16.
Trading performance analysis for STM stock
ST Microelectronics [STM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.61. With this latest performance, STM shares dropped by -10.54% in over the last four-week period, additionally sinking by -40.09% over the last 6 months – not to mention a drop of -46.35% 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 STM stock in for the last two-week period is set at 32.74, with the RSI for the last a single of trading hit 28.21, and the three-weeks RSI is set at 35.57 for ST Microelectronics [STM]. The present Moving Average for the last 50 days of trading for this stock 27.68, while it was recorded at 25.35 for the last single week of trading, and 36.96 for the last 200 days.
ST Microelectronics [STM]: A deeper dive into fundamental analysis
ST Microelectronics’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.16 and a Current Ratio set at 2.84.
ST Microelectronics [STM]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, ST Microelectronics posted 1.14/share EPS, while the average EPS was predicted by analysts to be reported at 0.95/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.19. 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 STM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ST Microelectronics go to 20.00%.
An analysis of Institutional ownership at ST Microelectronics [STM]
There are presently around $8.42%, or 8.42%% of STM stock, in the hands of institutional investors. The top three institutional holders of STM stocks are: VAN ECK ASSOCIATES CORP with ownership of 6.48 million shares, which is approximately 0.7189%. BLACKROCK INC., holding 5.6 million shares of the stock with an approximate value of $$219.81 million in STM stocks shares; and BLACKROCK INC., currently with $$162.74 million in STM stock with ownership which is approximately 0.4599%.
