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After finishing at $28.84 in the prior trading day, ST Microelectronics (NYSE: STM) closed at $28.24, down -2.08%. In other words, the price has decreased by -$2.08 from its previous closing price. On the day, 2.99 million shares were traded. STM stock price reached its highest trading level at $28.635 during the session, while it also had its lowest trading level at $28.1.
Ratios:
Our goal is to gain a better understanding of STM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.03. For the most recent quarter (mrq), Quick Ratio is recorded 2.56 and its Current Ratio is at 3.35. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on July 26, 2024, Reiterated its Buy rating but revised its target price to $40 from $50 previously.
Goldman Upgraded its Sell to Neutral on June 18, 2024, whereas the target price for the stock was revised from $35.50 to $45.80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STM now has a Market Capitalization of 26216857600 and an Enterprise Value of 22671233024. As of this moment, ST’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.78, and their Forward P/E ratio for the next fiscal year is 12.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 1.471 whereas that against EBITDA is 4.513.
Stock Price History:
Over the past 52 weeks, STM has reached a high of $51.27, while it has fallen to a 52-week low of $27.44. The 50-Day Moving Average of the stock is -6.39%, while the 200-Day Moving Average is calculated to be -29.78%.
Shares Statistics:
The stock has traded on average 4.63M shares per day over the past 3-months and 4423410 shares per day over the last 10 days, according to various share statistics. A total of 902.77M shares are outstanding, with a floating share count of 894.71M. Insiders hold about 0.00% of the company’s shares, while institutions hold 7.08% stake in the company. Shares short for STM as of 1726185600 were 11040333 with a Short Ratio of 2.39, compared to 1723680000 on 6606204. Therefore, it implies a Short% of Shares Outstanding of 11040333 and a Short% of Float of 1.7000000000000002.
Dividends & Splits
In the trailing 12 months, STM’s forward annual dividend rate was 0.36, compared to 0.30 this year. Against a Trailing Annual Dividend Yield of 0.012482664The stock’s 5-year Average Dividend Yield is 0.63.
