News headlines about STMicroelectronics (NYSE:STM) have trended somewhat positive on Thursday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. STMicroelectronics earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news stories about the semiconductor producer an impact score of 45.4267521137057 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- STMicroelectronics (STM) to Release Quarterly Earnings on Thursday (americanbankingnews.com)
- STMicroelectronics (STM) Coverage Initiated at Societe Generale (americanbankingnews.com)
- STMicroelectronics NV (STM) Forms $23.90 Double Top; Manchester United plc (MANU) Covered By 4 Bullish … – Hill Country Times (hillcountrytimes.com)
- Is It Time To Buy STMicroelectronics NV (NYSE:STM)? (finance.yahoo.com)
- “Global Image Sensor Market” (consumerelectronicsnet.com)
Several analysts recently commented on the stock. Societe Generale initiated coverage on shares of STMicroelectronics in a research report on Wednesday. They issued a “buy” rating on the stock. ValuEngine lowered shares of STMicroelectronics from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Credit Suisse Group raised shares of STMicroelectronics from a “neutral” rating to a “buy” rating in a research report on Thursday, January 11th. Craig Hallum lifted their price target on shares of STMicroelectronics from $21.00 to $26.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Finally, Zacks Investment Research raised shares of STMicroelectronics from a “hold” rating to a “strong-buy” rating and set a $27.00 target price on the stock in a research report on Tuesday, October 31st. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $21.88.
STMicroelectronics (NYSE:STM) traded up $0.55 on Thursday, reaching $24.89. 4,673,052 shares of the company’s stock were exchanged, compared to its average volume of 3,000,000. STMicroelectronics has a 1 year low of $11.38 and a 1 year high of $25.11. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.29 and a quick ratio of 1.73. The firm has a market capitalization of $22,440.00, a P/E ratio of 37.71, a P/E/G ratio of 3.78 and a beta of 0.79.
STMicroelectronics (NYSE:STM) last posted its quarterly earnings results on Thursday, October 26th. The semiconductor producer reported $0.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.04. STMicroelectronics had a net margin of 7.84% and a return on equity of 13.47%. The firm had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same quarter in the previous year, the company earned $0.11 earnings per share. The business’s revenue was up 18.9% compared to the same quarter last year. analysts forecast that STMicroelectronics will post 0.92 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, December 27th. Stockholders of record on Tuesday, December 19th were paid a $0.06 dividend. The ex-dividend date of this dividend was Monday, December 18th. This represents a $0.24 annualized dividend and a dividend yield of 0.96%. STMicroelectronics’s dividend payout ratio is presently 30.30%.
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STMicroelectronics Company Profile
STMicroelectronics N.V. is a global semiconductor company that designs, develops, manufactures and markets a range of products, including discrete and standard commodity components, and application-specific integrated circuits (ASICs) for analog, digital and mixed-signal applications. The Company’s segments include Automotive and Discrete Group (ADG), Analog and MEMS Group (AMG), Microcontrollers and Digital ICs Group (MDG), and Others.
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