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The closing price of ST Microelectronics (NYSE: STM) was $39.61 for the day, down -1.79% from the previous closing price of $40.33. In other words, the price has decreased by -$1.79 from its previous closing price. On the day, 4.01 million shares were traded. STM stock price reached its highest trading level at $40.225 during the session, while it also had its lowest trading level at $39.555.
Ratios:
Our analysis of STM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.44 and its Current Ratio is at 3.17. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.17.
On January 25, 2024, Craig Hallum reiterated its Buy rating and also upped its target price recommendation from $50 to $48.
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 36381548544 and an Enterprise Value of 32907761664. As of this moment, ST’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.88, and their Forward P/E ratio for the next fiscal year is 9.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05 while its Price-to-Book (P/B) ratio in mrq is 2.07. Its current Enterprise Value per Revenue stands at 1.904 whereas that against EBITDA is 5.206.
Stock Price History:
Over the past 52 weeks, STM has reached a high of $55.85, while it has fallen to a 52-week low of $37.21. The 50-Day Moving Average of the stock is -10.82%, while the 200-Day Moving Average is calculated to be -13.17%.
Shares Statistics:
STM traded an average of 3.54M shares per day over the past three months and 3222440 shares per day over the past ten days. A total of 902.77M shares are outstanding, with a floating share count of 894.25M. Insiders hold about 0.00% of the company’s shares, while institutions hold 5.21% stake in the company. Shares short for STM as of 1711584000 were 8357294 with a Short Ratio of 2.36, compared to 1709164800 on 4716627.
Dividends & Splits
With its trailing 12-month dividend rate of 0.24, STM has a forward annual dividend rate of 0.24. The stock’s 5-year Average Dividend Yield is 0.69.
Earnings Estimates
The stock of ST Microelectronics (STM) is currently in the spotlight, with Taiwan Semiconductor Manufactur analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $1.59, with high estimates of $40.09 and low estimates of $83.44.
Analysts are recommending an EPS of between $Industrials and $Technology for the fiscal current year, implying an average EPS of $Technology.
