ST Microelectronics (STM) concluded trading on Thursday at a closing price of $25.79, with 4.69 million shares of worth about $121.07 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -35.94% during that period and on January 23, 2025 the price saw a gain of about 1.34%. 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 4.62% in past 5 days and over the past one month there was a price change of 5.35%. Year-to-date (YTD), STM shares are showing a performance of 3.28% which decreased to -43.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $23.66 but also hit the highest price of $49.05 during that period. The average intraday trading volume for ST Microelectronics shares is 5.50 million. The stock is currently trading 2.53% above its 20-day simple moving average (SMA20), while that difference is up 1.26% for SMA50 and it goes to -21.50% lower than SMA200.
ST Microelectronics (NYSE: STM) currently have 901.55M outstanding shares and institutions hold larger chunk of about 8.26% of that.
The stock has a current market capitalization of $23.03B and its 3Y-monthly beta is at 1.52. PE ratio of stock for trailing 12 months is 10.59, while it has posted earnings per share of $2.43 in the same period. Its PEG reads 0.71 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 1.63% while standing at 2.17% over the month.
Analysts are in expectations that ST Microelectronics (STM) stock would likely to be making an EPS of 0.37 in the current quarter, while forecast for next quarter EPS is 0.17 and it is 1.36 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.35 which is 0.45 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 1.14 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -63.01% while it is estimated to decrease by -20.61% 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 TD Cowen stated ST Microelectronics (STM) stock as a Hold in their note to investors on January 13, 2025, suggesting a price target of $25 for the stock. On December 09, 2024, JP Morgan Downgrade their recommendations, while on December 03, 2024, Exane BNP Paribas Initiated their ratings for the stock with a price target of $28. Stock get an Underweight rating from Morgan Stanley on November 04, 2024.
