NXP Semiconductors (NXPI) Increases Despite Market Slip: Here's What You Need to Know

Company Performance - NXP Semiconductors (NXPI) closed at $219.02, reflecting a +0.39% change from the previous day, outperforming the S&P 500's daily loss of 0.39% [1] - Over the past month, shares of NXP have decreased by 0.91%, underperforming the Computer and Technology sector's gain of 7.63% and the S&P 500's gain of 3.6% [1] Financial Expectations - The upcoming financial results for NXP are expected to show an EPS of$ 3.14, which is a 15.36% decline compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $3.1 billion, down 9.43% from the previous year [2] - For the entire fiscal year, earnings are projected at$ 13.04 per share and revenue at $12.6 billion, indicating changes of -6.92% and -5.08% respectively from the prior year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for NXP Semiconductors are important as they reflect short-term business dynamics, with positive revisions indicating a favorable business outlook [3] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks NXP at 4 (Sell) [5] - Over the last 30 days, the Zacks Consensus EPS estimate has decreased by 0.33% [5] Valuation Metrics - NXP Semiconductors has a Forward P/E ratio of 16.74, which is lower than the industry's average Forward P/E of 36.88 [6] - The company's PEG ratio stands at 3.82, compared to the Semiconductor - Analog and Mixed industry's average PEG ratio of 3.15 [6] Industry Context - The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector and currently holds a Zacks Industry Rank of 69, placing it in the top 28% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]