ST Microelectronics (STM) concluded trading on Thursday at a closing price of $25.53, with 3.91 million shares of worth about $99.8 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -34.52% during that period and on December 26, 2024 the price saw a loss of about -0.55%. Currently the company’s common shares owned by public are about 901.55M shares, out of which, 893.03M shares are available for trading.
Stock saw a price change of 2.32% in past 5 days and over the past one month there was a price change of -0.85%. Year-to-date (YTD), STM shares are showing a performance of -49.07% which decreased to -49.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $23.95 but also hit the highest price of $50.94 during that period. The average intraday trading volume for ST Microelectronics shares is 5.11 million. The stock is currently trading -0.82% below its 20-day simple moving average (SMA20), while that difference is down -2.86% for SMA50 and it goes to -25.86% lower than SMA200.
ST Microelectronics (NYSE: STM) currently have 901.55M outstanding shares and institutions hold larger chunk of about 8.28% of that.
The stock has a current market capitalization of $22.80B and its 3Y-monthly beta is at 1.52. PE ratio of stock for trailing 12 months is 10.49, while it has posted earnings per share of $2.43 in the same period. Its PEG reads 0.70 and has Quick Ratio of 2.16 while making debt-to-equity ratio of 0.18. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for STM, volatility over the week remained 2.36% while standing at 2.44% over the month.
Stock’s fiscal year EPS is expected to drop by -63.20% while it is estimated to decrease by -15.70% in next year. EPS is likely to shrink at an annualized rate of 15.00% for next 5-years, compared to annual growth of 25.53% made by the stock over the past 5-years.
Coverage by Exane BNP Paribas stated ST Microelectronics (STM) stock as a Neutral in their note to investors on December 03, 2024, suggesting a price target of $28 for the stock. On November 04, 2024, Morgan Stanley Downgrade their recommendations, while on July 26, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $40. Stock get an Equal-weight rating from Morgan Stanley on July 26, 2024.
