Currently, there are 898.18M common shares owned by the public and among those 889.60M shares have been available to trade.
The company’s stock has a 5-day price change of -14.06% and -21.45% over the past three months. STM shares are trading -13.34% year to date (YTD), with the 12-month market performance down to -50.95% lower. It has a 12-month low price of $21.96 and touched a high of $49.05 over the same period. STM has an average intraday trading volume of 5.79 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 -12.27%, -13.94%, and -32.84% respectively.
Institutional ownership of ST Microelectronics (NYSE: STM) shares accounts for 8.18% of the company’s 898.18M shares outstanding.
It has a market capitalization of $19.25B and a beta (3y monthly) value of 1.51. The stock’s trailing 12-month PE ratio is 13.01, while the earnings-per-share (ttm) stands at $1.66. The company has a PEG of 1.07 and a Quick Ratio of 2.37 with the debt-to-equity ratio at 0.17. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.12% over the week and 2.45% over the month.
Earnings per share for the fiscal year are expected to decrease by -43.71%, and 100.21% over the next financial year. EPS should grow at an annualized rate of 12.18% over the next five years, compared to 7.54% over the past 5-year period.
TD Cowen coverage for the ST Microelectronics (STM) stock in a research note released on January 13, 2025 offered a Hold rating with a price target of $25. JP Morgan was of a view on December 09, 2024 that the stock is Neutral, while Exane BNP Paribas gave the stock Neutral rating on December 03, 2024, issuing a price target of $28. Morgan Stanley on their part issued Underweight rating on November 04, 2024.
