ST Microelectronics (STM) Outlook Starting To Look Brighter?

ST Microelectronics (STM) concluded trading on Wednesday at a closing price of $23.52, with 6.73 million shares of worth about $158.29 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.81% during that period and on February 12, 2025 the price saw a gain of about 2.71%. Currently the company’s common shares owned by public are about 898.18M shares, out of which, 889.60M shares are available for trading.

Stock saw a price change of 5.47% in past 5 days and over the past one month there was a price change of -1.92%. Year-to-date (YTD), STM shares are showing a performance of -5.81% which decreased to -49.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $21.36 but also hit the highest price of $49.05 during that period. The average intraday trading volume for ST Microelectronics shares is 5.96 million. The stock is currently trading -1.39% below its 20-day simple moving average (SMA20), while that difference is down -5.26% for SMA50 and it goes to -25.58% lower than SMA200.

ST Microelectronics (NYSE: STM) currently have 898.18M outstanding shares and institutions hold larger chunk of about 8.61% of that.

The stock has a current market capitalization of $20.92B and its 3Y-monthly beta is at 1.59. PE ratio of stock for trailing 12 months is 14.14, while it has posted earnings per share of $1.66 in the same period. Its PEG reads 1.13 and has Quick Ratio of 2.37 while making debt-to-equity ratio of 0.17. 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 2.49% while standing at 2.37% over the month.

Stock’s fiscal year EPS is expected to drop by -47.21% while it is estimated to increase by 104.37% in next year. EPS is likely to grow at an annualized rate of 12.55% for next 5-years, compared to annual growth of 7.54% made by the stock over the past 5-years.

On January 22, 2025, Barclays Downgrade their recommendations, while on January 13, 2025, TD Cowen Downgrade their ratings for the stock with a price target of $25. Stock get a Neutral rating from JP Morgan on December 09, 2024.

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