NXP Semiconductors Outperforms S&P, Analysts See 12.9% Q2 EPS Gain
NXP Semiconductors shares rose 1.74%, outperforming the S&P 500's 0.83% gain but are down 10.07% over the past month versus the sector's 3.51% decline. Analysts expect Q2 EPS of $2.98 (+12.9% YoY) on $3.12 billion revenue (+10%) and full-year EPS of $13.93 (+18%).
1. Recent Stock Performance
In the latest session, NXP Semiconductors shares rose 1.74% to close at $205.25, outpacing the S&P 500's 0.83% gain, the Dow's 0.5% rise and the Nasdaq's 1.38% advance. Over the past month, shares have fallen 10.07%, trailing the Computer & Technology sector's 3.51% loss and the S&P 500's 2.65% decline.
2. Q2 Earnings Outlook
Analysts project NXP will report Q2 earnings of $2.98 per share, marking 12.88% year-over-year growth, on revenue of $3.12 billion, up 9.99% from the prior-year quarter.
3. Full-Year Projections
For the full fiscal year, consensus estimates call for EPS of $13.93, up 17.95% year-over-year, and revenue of $13.44 billion, a 9.58% increase from the prior year.
4. Valuation and Rankings
NXP trades at a forward P/E of 14.49, well below the Semiconductor - Analog and Mixed industry's 38.27, and posts a PEG ratio of 0.81 versus the industry's 1.2, while holding a Zacks Rank of #2 (Buy).