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The price of ST Microelectronics (NYSE: STM) closed at $42.58 in the last session, up 2.58% from day before closing price of $41.51. In other words, the price has increased by $2.58 from its previous closing price. On the day, 3.67 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 $41.65.
Ratios:
We take a closer look at STM’s different ratios to gain a better understanding of the stock. 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 38450036736 and an Enterprise Value of 35589132288. As of this moment, ST’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.92, and their Forward P/E ratio for the next fiscal year is 14.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.30 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 2.156 whereas that against EBITDA is 6.207.
Stock Price History:
The Beta on a monthly basis for STM is 1.59, which has changed by -0.20277101 over the last 52 weeks, in comparison to a change of 0.24919295 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 2.50%, while the 200-Day Moving Average is calculated to be -2.49%.
Shares Statistics:
According to the various share statistics, STM traded on average about 3.24M shares per day over the past 3-months and 2777810 shares per day over the past 10 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 6.76% stake in the company. Shares short for STM as of 1718323200 were 11736032 with a Short Ratio of 3.63, compared to 1715731200 on 10041069.
Dividends & Splits
The forward annual dividend rate for STM is 0.27, which was 0.36 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.00867261The 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.
