Currently, there are 901.55M common shares owned by the public and among those 893.03M shares have been available to trade.
The company’s stock has a 5-day price change of -7.10% and -12.88% over the past three months. STM shares are trading -2.52% year to date (YTD), with the 12-month market performance down to -44.98% lower. It has a 12-month low price of $23.66 and touched a high of $49.05 over the same period. STM has an average intraday trading volume of 5.42 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.28%, -5.06%, and -27.06% respectively.
Institutional ownership of ST Microelectronics (NYSE: STM) shares accounts for 8.28% of the company’s 901.55M shares outstanding.
It has a market capitalization of $21.74B and a beta (3y monthly) value of 1.52. The stock’s trailing 12-month PE ratio is 10.00, while the earnings-per-share (ttm) stands at $2.43. The company has a PEG of 0.67 and a Quick Ratio of 2.16 with the debt-to-equity ratio at 0.18. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.12% over the week and 2.47% over the month.
Analysts forecast that ST Microelectronics (STM) will achieve an EPS of 0.37 for the current quarter, 0.18 for the next quarter and 1.38 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.35 while analysts give the company a high EPS estimate of 0.35. Comparatively, EPS for the current quarter was 1.14 a year ago. Earnings per share for the fiscal year are expected to decrease by -63.09%, and -19.80% over the next financial year. EPS should shrink at an annualized rate of 15.00% over the next five years, compared to 25.53% over the past 5-year period.
Looking at the support for the STM, a number of firms have released research notes about the stock. TD Cowen stated their Hold rating for the stock in a research note on January 13, 2025, with the firm’s price target at $32-$25. TD Cowen on their part issued Buy rating on July 26, 2024.
