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After finishing at $42.67 in the prior trading day, ST Microelectronics (NYSE: STM) closed at $42.13, down -1.27%. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 2.38 million shares were traded. STM stock price reached its highest trading level at $42.63 during the session, while it also had its lowest trading level at $41.935.
Ratios:
Our goal is to gain a better understanding of STM by taking a closer look at 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.
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 the company, Goldman on June 18, 2024, Upgraded its rating to Neutral and sets its target price to $45.80 from $35.50 previously.
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 38043684864 and an Enterprise Value of 35670208512. As of this moment, ST’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.80, and their Forward P/E ratio for the next fiscal year is 13.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.28 while its Price-to-Book (P/B) ratio in mrq is 2.22. Its current Enterprise Value per Revenue stands at 2.161 whereas that against EBITDA is 6.221.
Stock Price History:
The Beta on a monthly basis for STM is 1.59, which has changed by -0.1947537 over the last 52 weeks, in comparison to a change of 0.23279357 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 1.17%, while the 200-Day Moving Average is calculated to be -3.51%.
Shares Statistics:
The stock has traded on average 3.25M shares per day over the past 3-months and 2744450 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 892.33M. Insiders hold about 0.00% of the company’s shares, while institutions hold 6.76% stake in the company. Shares short for STM as of 1719532800 were 11736032 with a Short Ratio of 3.41, compared to 1717113600 on 12408259.
Dividends & Splits
In the trailing 12 months, STM’s forward annual dividend rate was 0.36, compared to 0.27 this year. Against a Trailing Annual Dividend Yield of 0.008436842The stock’s 5-year Average Dividend Yield is 0.65. The current Payout Ratio is 4.57% for STM, which recently paid a dividend on 2024-06-25 with an ex-dividend date of 1727136000. Stock splits for the company last occurred on 2000-05-09 when the company split stock in a 3:1 ratio.
