In today’s session NXP Semiconductors NV (NXPI) registered an unusually high (9,467) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious NXPI increase. With 9,467 contracts traded and 4264 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: NXPI170120C00120000 closed last at: $1.1 or 57.1% up. About 3.30 million shares traded hands. NXP Semiconductors NV (NASDAQ:NXPI) has risen 38.43% since March 1, 2016 and is uptrending. It has outperformed by 29.19% the S&P500.
Analysts await NXP Semiconductors NV (NASDAQ:NXPI) to report earnings on October, 26. They expect $1.37 EPS, down 4.20% or $0.06 from last year’s $1.43 per share. NXPI’s profit will be $477.53M for 18.89 P/E if the $1.37 EPS becomes a reality. After $1.16 actual EPS reported by NXP Semiconductors NV for the previous quarter, Wall Street now forecasts 18.10% EPS growth.
NXP Semiconductors NV (NASDAQ:NXPI) Ratings Coverage
Out of 22 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 19 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 86% are positive. $140 is the highest target while $90 is the lowest. The $107.53 average target is 3.85% above today’s ($103.54) stock price. NXP Semiconductors NV has been the topic of 27 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by Raymond James given on Tuesday, April 19. The firm has “Buy” rating given on Wednesday, September 9 by Sterne Agee CRT. The stock has “Outperform” rating given by Robert W. Baird on Tuesday, August 2. Nomura initiated NXP Semiconductors NV (NASDAQ:NXPI) rating on Monday, April 11. Nomura has “Buy” rating and $95 price target. The company was downgraded on Monday, June 27 by Bank of America. Morgan Stanley initiated it with “Overweight” rating and $115 target price in Monday, October 12 report. The firm has “Buy” rating given on Friday, October 30 by Canaccord Genuity. The rating was maintained by Topeka Capital Markets on Friday, February 5 with “Buy”. The stock has “Overweight” rating given by Pacific Crest on Friday, April 8. The firm has “Buy” rating by CLSA given on Tuesday, May 17.
NXP Semiconductors N.V. is a holding company. The company has a market cap of $36.09 billion. The Firm operates as a semiconductor firm and a long-standing supplier. It has a 26.79 P/E ratio. The Firm provides high performance mixed signal and standard product solutions.
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