STMicroelectronics (NYSE:STM) Earns News Impact Rating of 0.20
Media coverage about STMicroelectronics (NYSE:STM) has trended somewhat positive on Tuesday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. STMicroelectronics earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media stories about the semiconductor producer an impact score of 45.3778840048237 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have effected Accern’s analysis:
- Consensus Analysts Rating is Good For Investors? STMicroelectronics NV (STM) – Wall Street Morning (wallstreetmorning.com)
- Hot Stock of the Day – STMicroelectronics NV (NYSE: STM) – Alpha Beta Stock (alphabetastock.com)
- EUROPE MARKETS: Chip Makers Lead European Stocks Higher After AMS Reports 252% Jump In Revenue – Fox Business (foxbusiness.com)
- Stock Recap – STMicroelectronics NV (STM) – android media cell (androidmediacell.com)
- STMicroelectronics NV: Carlo Bozotti’s Succession Plan Announced at STMicroelectronics – The Wall Street Transcript (twst.com)
A number of equities analysts have weighed in on STM shares. Craig Hallum reissued a “buy” rating and set a $30.00 price target (up previously from $26.00) on shares of STMicroelectronics in a research report on Thursday, January 25th. Vetr downgraded STMicroelectronics from a “strong-buy” rating to a “buy” rating and set a $27.76 price target on the stock. in a research report on Friday, January 19th. Societe Generale assumed coverage on STMicroelectronics in a research report on Wednesday, January 17th. They set a “buy” rating on the stock. Credit Suisse Group raised STMicroelectronics from a “neutral” rating to a “buy” rating in a research report on Thursday, January 11th. Finally, Kepler Capital Markets raised STMicroelectronics from a “reduce” rating to a “hold” rating in a research report on Friday. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. STMicroelectronics has a consensus rating of “Buy” and an average target price of $23.85.
STMicroelectronics (NYSE:STM) last released its earnings results on Thursday, January 25th. The semiconductor producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.06. STMicroelectronics had a return on equity of 17.55% and a net margin of 9.62%. The firm had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.36 billion. During the same period in the prior year, the company earned $0.13 earnings per share. The company’s quarterly revenue was up 32.7% on a year-over-year basis. equities research analysts predict that STMicroelectronics will post 1.38 earnings per share for the current fiscal year.
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STMicroelectronics Company Profile
STMicroelectronics N.V. is a global semiconductor company that designs, develops, manufactures and markets a range of products, including discrete and standard commodity components, and application-specific integrated circuits (ASICs) for analog, digital and mixed-signal applications. The Company’s segments include Automotive and Discrete Group (ADG), Analog and MEMS Group (AMG), Microcontrollers and Digital ICs Group (MDG), and Others.
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