Wall Street analysts predict that NXP Semiconductors (NASDAQ:NXPI) will announce $1.64 earnings per share for the current fiscal quarter, Zacks reports. Seven analysts have provided estimates for NXP Semiconductors’ earnings. The highest EPS estimate is $1.71 and the lowest is $1.57. NXP Semiconductors posted earnings of $1.22 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 34.4%. The firm is scheduled to issue its next earnings report on Wednesday, August 1st.

According to Zacks, analysts expect that NXP Semiconductors will report full year earnings of $6.84 per share for the current year, with EPS estimates ranging from $6.62 to $7.07. For the next financial year, analysts forecast that the company will post earnings of $7.70 per share, with EPS estimates ranging from $7.18 to $8.48. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow NXP Semiconductors.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Wednesday, May 2nd. The semiconductor provider reported $0.95 EPS for the quarter, missing the Zacks’ consensus estimate of $1.50 by ($0.55). NXP Semiconductors had a return on equity of 16.51% and a net margin of 10.39%. The company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.35 billion.

A number of equities analysts have commented on NXPI shares. Morgan Stanley started coverage on NXP Semiconductors in a research note on Monday, March 19th. They set an “equal weight” rating and a $127.50 price objective on the stock. Mizuho restated a “hold” rating and set a $110.00 price objective on shares of NXP Semiconductors in a research note on Thursday, February 8th. Citigroup started coverage on NXP Semiconductors in a research note on Thursday, April 12th. They set a “neutral” rating and a $127.50 price objective on the stock. SunTrust Banks raised their price objective on NXP Semiconductors to $127.50 and gave the stock a “hold” rating in a research note on Tuesday, February 20th. Finally, Deutsche Bank began coverage on NXP Semiconductors in a research note on Thursday, March 15th. They issued a “hold” rating and a $127.50 price target on the stock. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $120.42.

NXP Semiconductors stock traded up $5.65 during mid-day trading on Friday, reaching $120.17. 1,179,146 shares of the company were exchanged, compared to its average volume of 7,838,580. NXP Semiconductors has a 12 month low of $90.83 and a 12 month high of $125.93. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.07 and a quick ratio of 1.68. The firm has a market cap of $39.99 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 0.97 and a beta of 0.81.

A number of hedge funds have recently modified their holdings of NXPI. Dimensional Fund Advisors LP grew its position in NXP Semiconductors by 17.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 11,558 shares of the semiconductor provider’s stock worth $1,307,000 after acquiring an additional 1,745 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in NXP Semiconductors by 5.5% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 132,767 shares of the semiconductor provider’s stock worth $15,546,000 after acquiring an additional 6,877 shares during the last quarter. Jennison Associates LLC bought a new stake in NXP Semiconductors during the 4th quarter worth $2,201,000. IFC Holdings Incorporated FL grew its position in NXP Semiconductors by 56.9% during the 4th quarter. IFC Holdings Incorporated FL now owns 4,319 shares of the semiconductor provider’s stock worth $509,000 after acquiring an additional 1,567 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in NXP Semiconductors by 2.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 121,966 shares of the semiconductor provider’s stock worth $14,281,000 after acquiring an additional 3,375 shares during the last quarter. Institutional investors and hedge funds own 81.01% of the company’s stock.

About NXP Semiconductors

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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