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 1.18 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 $477.45 million for 18.92 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 3.72% above today’s ($103.67) stock price. NXP Semiconductors NV has been the topic of 27 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, February 5 by Topeka Capital Markets. Bank of America downgraded NXP Semiconductors NV (NASDAQ:NXPI) on Monday, June 27 to “Neutral” rating. As per Wednesday, November 18, the company rating was maintained by FBR Capital. The stock has “Overweight” rating given by Pacific Crest on Friday, April 8. The firm earned “Outperform” rating on Friday, October 30 by Oppenheimer. On Wednesday, September 9 the stock rating was initiated by Sterne Agee CRT with “Buy”. The rating was maintained by Jefferies on Friday, April 29 with “Buy”. Summit Redstone Partners initiated the stock with “Buy” rating in Wednesday, July 20 report. The firm earned “Outperform” rating on Tuesday, August 2 by Robert W. Baird. Goldman Sachs initiated the stock with “Neutral” rating in Wednesday, February 3 report.
NXP Semiconductors N.V. is a holding company. The company has a market cap of $36.13 billion. The Firm operates as a semiconductor firm and a long-standing supplier. It has a 26.82 P/E ratio. The Firm provides high performance mixed signal and standard product solutions.
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