Could NXP Semiconductors NV See a Reversal After Today’s Strong Options Activity?

 Could NXP Semiconductors NV See a Reversal After Today's Strong Options Activity?

In today’s session NXP Semiconductors NV (NXPI) registered an unusually high (224) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious NXPI increase. With 224 contracts traded and 88614 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: NXPI180119C00110000 closed last at: $1.25 or 0% . About 581,097 shares traded hands. NXP Semiconductors NV (NASDAQ:NXPI) has risen 17.70% since April 22, 2016 and is uptrending. It has outperformed by 12.29% the S&P500.

Analysts await NXP Semiconductors NV (NASDAQ:NXPI) to report earnings on February, 1. They expect $1.40 earnings per share, up 66.67% or $0.56 from last year’s $0.84 per share. NXPI’s profit will be $486.81M for 17.75 P/E if the $1.40 EPS becomes a reality. After $1.09 actual earnings per share reported by NXP Semiconductors NV for the previous quarter, Wall Street now forecasts 28.44% EPS growth.

NXP Semiconductors NV (NASDAQ:NXPI) Ratings Coverage

Out of 23 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 12 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 52% are positive. NXP Semiconductors NV has been the topic of 36 analyst reports since August 3, 2015 according to StockzIntelligence Inc. CLSA initiated the stock with “Buy” rating in Tuesday, May 17 report. On Friday, October 28 the stock rating was downgraded by Oppenheimer to “Perform”. The rating was maintained by BMO Capital Markets on Friday, October 30 with “Outperform”. SunTrust maintained NXP Semiconductors NV (NASDAQ:NXPI) on Tuesday, September 1 with “Buy” rating. The rating was initiated by Goldman Sachs on Wednesday, February 3 with “Neutral”. The firm has “Outperform” rating by FBR Capital given on Wednesday, November 18. As per Wednesday, September 9, the company rating was initiated by Sterne Agee CRT. As per Friday, April 8, the company rating was maintained by Pacific Crest. Oppenheimer maintained it with “Outperform” rating and $100 target price in Friday, October 30 report. Summit Redstone Partners initiated it with “Buy” rating and $91 target price in Wednesday, July 20 report.

According to Zacks Investment Research, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe.”

NXP Semiconductors N.V. is a holding company. The company has a market cap of $34.56 billion. The Firm operates as a semiconductor firm and a long-standing supplier. It has a 37.67 P/E ratio. The Firm provides high performance mixed signal and standard product solutions.

NXPI Company Profile

NXP Semiconductors N.V. (NXP), incorporated on August 2, 2006, is a holding company. The Firm operates as a semiconductor firm and a long-standing supplier. The Firm provides high performance mixed signal and standard product solutions. The Company’s divisions include High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. The Company’s product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing. It engages with global original equipment manufacturers (OEMs) and sells products in all geographic regions.

More important recent NXP Semiconductors NV (NASDAQ:NXPI) news were published by: Fool.com which released: “Better Buy: InvenSense, Inc. vs. NXP Semiconductors NV” on November 16, 2016, also Wsj.com published article titled: “Qualcomm to Buy NXP Semiconductors for $39 Billion”, Fool.com published: “Is Qualcomm Trying to Close the NXP Semiconductors Deal Early?” on November 21, 2016. More interesting news about NXP Semiconductors NV (NASDAQ:NXPI) was released by: Fool.com and their article: “Is This Qualcomm Buyout the Best Deal NXP Semiconductors Could Get?” with publication date: October 31, 2016.

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