NXP Semiconductors (NXPI, Financial) recently experienced significant stock volatility, with its shares plunging by 5.01%. The stock is currently priced at $233.03 per share, with a trading volume of 1.38028 million shares and a turnover rate of 0.54%. The stock's trading amplitude reached 4.67%.
In its latest financial report, NXP Semiconductors reported a revenue of $3.127 billion and a net profit of $658 million, translating to an earnings per share of $2.58. The company's gross profit stood at $1.76 billion, with a price-to-earnings ratio of 21.82.
Analysts' ratings for NXPI show that out of 20 institutions, 55% recommend buying the stock, 40% suggest holding, and 5% advise selling.
The semiconductor industry, where NXP Semiconductors operates, saw an overall decline of 3.50%. In contrast, stocks like Trio-Tech International, Hao Micro, and Sequans Communications had notable gains. Meanwhile, Wolfspeed, Inc., Peraso Inc., and Synaptics, Inc. were particularly active, with turnover rates of 5.08%, 4.69%, and 3.85%, respectively. Stocks like Mobix Labs Inc C/Wts (To Pur Com), Peraso Inc., and Wolfspeed, Inc. experienced significant trading amplitudes of 18.13%, 14.63%, and 13.85%.
NXP Semiconductors is a leading supplier of high-performance mixed-signal products. The company, which acquired Freescale Semiconductor in 2015, holds a significant share in the automotive market, supplying microcontrollers and analog chips for automotive networking, powertrains, infotainment systems, and radar. It also provides solutions for industrial, IoT, mobile, and communication infrastructure sectors.
