Wall Street brokerages expect NXP Semiconductors NV (NASDAQ:NXPI) to post earnings of $1.94 per share for the current fiscal quarter, Zacks Investment Research reports. Nine analysts have made estimates for NXP Semiconductors’ earnings, with the lowest EPS estimate coming in at $1.92 and the highest estimate coming in at $2.01. NXP Semiconductors reported earnings of $2.01 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 3.5%. The firm is scheduled to report its next earnings results on Wednesday, October 30th.

According to Zacks, analysts expect that NXP Semiconductors will report full year earnings of $7.59 per share for the current year, with EPS estimates ranging from $7.40 to $7.71. For the next financial year, analysts anticipate that the business will report earnings of $8.83 per share, with EPS estimates ranging from $7.94 to $10.52. Zacks’ earnings per share calculations are an average based on a survey of analysts that cover NXP Semiconductors.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Tuesday, July 30th. The semiconductor provider reported $2.00 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.48 by $0.52. NXP Semiconductors had a net margin of 23.10% and a return on equity of 22.22%. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.20 billion.

A number of research analysts have commented on the company. Raymond James assumed coverage on NXP Semiconductors in a research note on Monday, August 19th. They set an “outperform” rating and a $115.00 price objective on the stock. Evercore ISI upgraded NXP Semiconductors from an “in-line” rating to an “outperform” rating and increased their target price for the company from $110.00 to $125.00 in a research note on Monday, July 29th. Stifel Nicolaus lowered their target price on NXP Semiconductors from $105.00 to $100.00 and set a “hold” rating for the company in a research note on Thursday, August 29th. ValuEngine downgraded NXP Semiconductors from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. Finally, Zacks Investment Research lowered NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Saturday, July 27th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. NXP Semiconductors has an average rating of “Buy” and a consensus price target of $105.40.

NASDAQ NXPI traded up $2.14 during trading hours on Friday, hitting $110.00. The company had a trading volume of 3,417,672 shares, compared to its average volume of 3,782,819. The firm’s 50 day moving average is $102.09 and its 200 day moving average is $97.35. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.82 and a quick ratio of 1.44. NXP Semiconductors has a fifty-two week low of $67.62 and a fifty-two week high of $110.53. The company has a market capitalization of $35.30 billion, a price-to-earnings ratio of 18.52, a P/E/G ratio of 1.36 and a beta of 1.24.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 4th. Investors of record on Monday, September 16th will be paid a $0.375 dividend. This is a boost from NXP Semiconductors’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.36%. NXP Semiconductors’s payout ratio is 16.84%.

In related news, Chairman Peter L. Bonfield sold 10,000 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $98.36, for a total value of $983,600.00. Following the sale, the chairman now directly owns 24,404 shares of the company’s stock, valued at $2,400,377.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Keith M. Shull sold 4,196 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $108.14, for a total transaction of $453,755.44. Following the completion of the sale, the executive vice president now directly owns 9,587 shares in the company, valued at $1,036,738.18. The disclosure for this sale can be found here. Insiders sold 18,765 shares of company stock valued at $1,919,522 in the last three months.

Hedge funds have recently made changes to their positions in the business. Quadrant Capital Group LLC increased its stake in NXP Semiconductors by 2.7% in the 2nd quarter. Quadrant Capital Group LLC now owns 3,858 shares of the semiconductor provider’s stock valued at $367,000 after buying an additional 102 shares during the last quarter. Barings LLC raised its position in NXP Semiconductors by 1.3% in the first quarter. Barings LLC now owns 7,861 shares of the semiconductor provider’s stock valued at $695,000 after purchasing an additional 103 shares during the last quarter. Pinnacle Bank raised its position in NXP Semiconductors by 25.4% in the second quarter. Pinnacle Bank now owns 558 shares of the semiconductor provider’s stock valued at $54,000 after purchasing an additional 113 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of NXP Semiconductors by 12.6% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 1,082 shares of the semiconductor provider’s stock valued at $106,000 after purchasing an additional 121 shares in the last quarter. Finally, Citizens Financial Group Inc RI boosted its stake in shares of NXP Semiconductors by 56.3% during the first quarter. Citizens Financial Group Inc RI now owns 358 shares of the semiconductor provider’s stock valued at $32,000 after purchasing an additional 129 shares in the last quarter. 74.97% of the stock is owned by institutional investors.

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; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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