The price of ST Microelectronics (NYSE: STM) closed at $43.68 in the last session, down -2.02% from day before closing price of $44.58. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 3899173 shares were traded.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
We take a closer look at STM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.33. 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 40.42B and an Enterprise Value of 37.51B. As of this moment, ST’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.79, and their Forward P/E ratio for the next fiscal year is 10.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.26 while its Price-to-Book (P/B) ratio in mrq is 2.36. Its current Enterprise Value per Revenue stands at 2.17 whereas that against EBITDA is 5.88.
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 45.29, while the 200-Day Moving Average is calculated to be 46.16.
Shares Statistics:
According to the various share statistics, STM traded on average about 3.54M shares per day over the past 3-months and 4.07M shares per day over the past 10 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 5.16% stake in the company. Shares short for STM as of Feb 29, 2024 were 4.72M with a Short Ratio of 1.33, compared to 5.41M on Jan 31, 2024.
Dividends & Splits
The forward annual dividend rate for STM is 0.30, which was 0.24 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.54%, it implies a Forward Annual Dividend Yield of 0.55%. The stock’s 5-year Average Dividend Yield is 0.71. The current Payout Ratio is 4.57% for STM, which recently paid a dividend on Mar 26, 2024 with an ex-dividend date of Mar 18, 2024. Stock splits for the company last occurred on May 09, 2000 when the company split stock in a 3:1 ratio.
Earnings Estimates
The company has 8 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.58 for the current quarter, with a high estimate of $0.65 and a low estimate of $0.52, while EPS last year was $1.1. The consensus estimate for the next quarter is $0.65, with high estimates of $0.78 and low estimates of $0.58.
Analysts are recommending an EPS of between $3.27 and $2.5 for the fiscal current year, implying an average EPS of $3.02. EPS for the following year is $3.72, with 8 analysts recommending between $4.51 and $2.25.
Revenue Estimates
According to 9 analysts, the current quarter’s revenue is expected to be $3.61B. It ranges from a high estimate of $3.68B to a low estimate of $3.6B. As of the current estimate, ST Microelectronics’s year-ago sales were $4.25B, an estimated decrease of -14.90% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $3.8B, a decrease of -12.10% over than the figure of -$14.90% in the same quarter last year. There is a high estimate of $4.1B for the next quarter, whereas the lowest estimate is $3.64B.
A total of 10 analysts have provided revenue estimates for STM’s current fiscal year. The highest revenue estimate was $16.5B, while the lowest revenue estimate was $14.59B, resulting in an average revenue estimate of $16.17B. In the same quarter a year ago, actual revenue was $17.29B, down -6.40% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $17.56B in the next fiscal year. The high estimate is $18.77B and the low estimate is $14.01B. The average revenue growth estimate for next year is up 8.60% from the average revenue estimate for this year.
