What Will Happen to NXP Semiconductors NV Next? The Stock Just Had Huge Bullish Options Activity

 What Will Happen to NXP Semiconductors NV Next? The Stock Just Had Huge Bullish Options Activity

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 2.62M 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 earnings per share, down 4.20% or $0.06 from last year’s $1.43 per share. NXPI’s profit will be $477.45M for 19.00 P/E if the $1.37 EPS becomes a reality. After $1.16 actual earnings per share 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 3.27% above today’s ($104.13) stock price. NXP Semiconductors NV has been the topic of 27 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Morgan Stanley initiated the stock with “Overweight” rating in Monday, October 12 report. The rating was maintained by Oppenheimer with “Outperform” on Friday, October 30. The stock of NXP Semiconductors NV (NASDAQ:NXPI) earned “Outperform” rating by BMO Capital Markets on Friday, October 30. The stock of NXP Semiconductors NV (NASDAQ:NXPI) has “Overweight” rating given on Friday, April 8 by Pacific Crest. The rating was initiated by Goldman Sachs with “Neutral” on Wednesday, February 3. The company was maintained on Friday, October 30 by Canaccord Genuity. As per Tuesday, August 2, the company rating was initiated by Robert W. Baird. The company was maintained on Wednesday, November 18 by FBR Capital. The company was initiated on Wednesday, September 9 by Sterne Agee CRT. The rating was maintained by Topeka Capital Markets with “Buy” on Friday, February 5.

NXP Semiconductors N.V. is a holding company. The company has a market cap of $36.29 billion. The Firm operates as a semiconductor firm and a long-standing supplier. It has a 26.94 P/E ratio. The Firm provides high performance mixed signal and standard product solutions.

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