Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, ST Microelectronics’s stock clocked out at $38.74, down -2.07% from its previous closing price of $39.56. In other words, the price has decreased by -$2.07 from its previous closing price. On the day, 3.79 million shares were traded. STM stock price reached its highest trading level at $39.95 during the session, while it also had its lowest trading level at $38.495.
Ratios:
To gain a deeper understanding of STM’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.58 and its Current Ratio is at 3.34. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.17.
Craig Hallum reiterated its Buy rating for the stock on January 25, 2024, while the target price for the stock was revised 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 36002553856 and an Enterprise Value of 31896872960. As of this moment, ST’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.93, and their Forward P/E ratio for the next fiscal year is 12.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 1.933 whereas that against EBITDA is 5.563.
Stock Price History:
The Beta on a monthly basis for STM is 1.67, which has changed by -0.06266636 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 -11.14%, while the 200-Day Moving Average is calculated to be -14.27%.
Shares Statistics:
It appears that STM traded 3.46M shares on average per day over the past three months and 4176610 shares per day over the past ten days. A total of 902.77M shares are outstanding, with a floating share count of 892.33M. Insiders hold about 0.00% of the company’s shares, while institutions hold 5.49% stake in the company. Shares short for STM as of 1713139200 were 8357294 with a Short Ratio of 2.56, compared to 1710460800 on 6405050.
Dividends & Splits
With its trailing 12-month dividend rate of 0.24, STM has a forward annual dividend rate of 0.24. Against a Trailing Annual Dividend Yield of 0.0060667335The stock’s 5-year Average Dividend Yield is 0.68. The current Payout Ratio is 4.57% for STM, which recently paid a dividend on 2024-03-18 with an ex-dividend date of 1719273600. Stock splits for the company last occurred on 2000-05-09 when the company split stock in a 3:1 ratio.
Earnings Estimates
At present, 8.0 analysts are actively evaluating the performance of ST Microelectronics (STM) in the stock market.On average, analysts expect EPS of $0.36 for the current quarter, with a high estimate of $0.44 and a low estimate of $0.3, while EPS last year was $1.06. The consensus estimate for the next quarter is $0.54, with high estimates of $0.59 and low estimates of $0.49.
Analysts are recommending an EPS of between $2.28 and $2.0 for the fiscal current year, implying an average EPS of $2.15. EPS for the following year is $2.97, with 9.0 analysts recommending between $3.39 and $2.25.
Revenue Estimates
In the current quarter, 8 analysts expect revenue to total $3.21B. It ranges from a high estimate of $3.26B to a low estimate of $3.15B. As of the current estimate, ST Microelectronics’s year-ago sales were $4.33BFor the next quarter, 8 analysts are estimating revenue of $3.6B. There is a high estimate of $3.74B for the next quarter, whereas the lowest estimate is $3.36B.
A total of 9 analysts have provided revenue estimates for STM’s current fiscal year. The highest revenue estimate was $14.69B, while the lowest revenue estimate was $13.45B, resulting in an average revenue estimate of $14.36B. In the same quarter a year ago, actual revenue was $17.29BBased on 9 analysts’ estimates, the company’s revenue will be $16.12B in the next fiscal year. The high estimate is $17.93B and the low estimate is $13.76B.
