Analyst Valuation and EPS Growth for STMicroelectronics (NYSE:STM)

Earnings results for STMicroelectronics (NYSE:STM)

STMicroelectronics N.V. is expected* to report earnings on 07/29/2021 before market open. The report will be for the fiscal Quarter ending Jun 2021. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.38. The reported EPS for the same quarter last year was $0.1.

STMicroelectronics last posted its earnings data on April 29th, 2021. The semiconductor producer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.38 by $0.01. The company had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $2.94 billion. Its revenue was up 35.2% compared to the same quarter last year. STMicroelectronics has generated $1.21 earnings per share over the last year and currently has a price-to-earnings ratio of 28.5. STMicroelectronics has confirmed that its next quarterly earnings report will be published on Thursday, July 29th, 2021. STMicroelectronics will be holding an earnings conference call on Thursday, July 29th at 3:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Analyst Opinion on STMicroelectronics (NYSE:STM)

15 Wall Street analysts have issued ratings and price targets for STMicroelectronics in the last 12 months. Their average twelve-month price target is $47.25, predicting that the stock has a possible upside of 20.14%. The high price target for STM is $51.00 and the low price target for STM is $41.00. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus rating of “Buy.”

STMicroelectronics has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 10 buy ratings, 5 hold ratings, and no sell ratings. According to analysts’ consensus price target of $47.25, STMicroelectronics has a forecasted upside of 20.1% from its current price of $39.33. STMicroelectronics has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: STMicroelectronics (NYSE:STM)

STMicroelectronics has a dividend yield of 0.52%, which is in the bottom 25% of all stocks that pay dividends. STMicroelectronics has only been increasing its dividend for 1 years. The dividend payout ratio of STMicroelectronics is 16.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STMicroelectronics will have a dividend payout ratio of 10.26% next year. This indicates that STMicroelectronics will be able to sustain or increase its dividend.

Insiders buying/selling: STMicroelectronics (NYSE:STM)

In the past three months, STMicroelectronics insiders have not sold or bought any company stock. Only 4.49% of the stock of STMicroelectronics is held by institutions.

Earnings and Valuation of STMicroelectronics (NYSE:STM

Earnings for STMicroelectronics are expected to grow by 11.43% in the coming year, from $1.75 to $1.95 per share. The P/E ratio of STMicroelectronics is 28.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.48. The P/E ratio of STMicroelectronics is 28.50, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 50.16. STMicroelectronics has a P/B Ratio of 4.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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