Stmicroelectronics N.V. (NYSE:STM) shares traded -0.32% down during most recent session to reach at the closing price of $18.58. The stock exchanged hands 2.96 Million shares versus average trading capacity of 3.07 Million shares, yielding a market cap of $16.55 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $17.73 within the next 52-weeks. The mean target projections are based on 7 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Stmicroelectronics N.V. (NYSE:STM) high price target of $22 and with a conservative view have low price target of $10.
Cowen & Co. “Initiates Coverage On” Stmicroelectronics N.V. (NYSE:STM) in a research note issued to investors on 2/22/19 to Outperform with price target of $0.
Additionally on 10/25/18 Baird “Downgrades” Stmicroelectronics N.V. (NYSE:STM) to Underperform setting price target at $0 and on 9/26/18 Deutsche Bank “Downgrades” the stock to Hold at $0. Furthermore on 1/26/18 Craig-Hallum “Reiterates” the stock to Buy at $30.
On the other hand the company has Relative Strength Index (RSI 14) of 66.85 along with Average True Range (ATR 14) of 0.47, Consequently Stmicroelectronics N.V. (NYSE:STM)’s weekly and monthly volatility is 1.62%, 2.21% respectively. The company’s beta value is at 1.11.
In terms of Buy, Sell or Hold recommendations, Stmicroelectronics N.V. (NYSE:STM) has analysts’ mean recommendation of 2.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Stmicroelectronics N.V. (NYSE:STM)’s minimum EPS for the current quarter is at $0.19 and can go high up to $0.21. The consensus mean EPS for the current quarter is at $0.2 derived from a total of 3 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.26 earnings per share for the same quarter during last year.
Previously Stmicroelectronics N.V. (NYSE:STM) reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.02. The company posted an earnings surprise of 4.5%.
Stmicroelectronics N.V. (NYSE:STM)’s revenue estimates for the current quarter are $2.1 Billion according to 4 number of analysts, for the current quarter the company has high revenue estimates of $2.1 Billion in contradiction of low revenue estimates of $2.09 Billion. For the current year the company’s revenue estimates are $9.48 Billion compared to low analyst estimates of $8.75 Billion and high estimates of $9.89 Billion according to 8 number of analysts.
Currently Stmicroelectronics N.V. (NYSE:STM)’s shares owned by insiders are 28.4%, whereas shares owned by institutional owners are 4.1%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.93%.
Stmicroelectronics N.V. (NYSE:STM)’s trailing twelve month revenues are $9.67 Billion, whereas its price to sales ratio for the same period is 1.71. Its book value per share for the most recent quarter is $7.06 while its price to book ratio for the same period is 2.63, as for as the company’s cash per share for the most recent quarter is $2.91, however its price to cash per share ratio for the same period is 6.38. The stock has 5 year expected PEG ratio of 0.27 whereas its trailing twelve month P/E ratio is 13.3.