NXP Semiconductors (NASDAQ:NXPI) Receiving Somewhat Favorable Press Coverage, Analysis Shows

Media stories about NXP Semiconductors (NASDAQ:NXPI) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NXP Semiconductors earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the semiconductor provider an impact score of 46.0792827489016 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Several brokerages recently weighed in on NXPI. BidaskClub upgraded NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Tuesday, December 12th. Zacks Investment Research lowered NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Wednesday, December 13th. Needham & Company LLC restated a “strong-buy” rating and issued a $130.00 price target (up from $110.00) on shares of NXP Semiconductors in a research report on Thursday, February 1st. Sanford C. Bernstein set a $125.00 price target on NXP Semiconductors and gave the company a “hold” rating in a research report on Thursday, February 8th. Finally, Mizuho restated a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors in a research report on Thursday, February 8th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. NXP Semiconductors has a consensus rating of “Hold” and an average price target of $117.00.

NXP Semiconductors (NXPI) opened at $122.63 on Wednesday. The stock has a market capitalization of $42,481.39, a PE ratio of 17.53, a price-to-earnings-growth ratio of 0.95 and a beta of 0.67. NXP Semiconductors has a twelve month low of $102.60 and a twelve month high of $125.93. The company has a current ratio of 2.22, a quick ratio of 1.77 and a debt-to-equity ratio of 0.42.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings results on Wednesday, February 7th. The semiconductor provider reported $3.06 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.61 by $1.45. The firm had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.37 billion. NXP Semiconductors had a return on equity of 18.68% and a net margin of 23.93%. sell-side analysts forecast that NXP Semiconductors will post 6.51 EPS for the current year.

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About NXP Semiconductors

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.

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