STMicroelectronics (NYSE:STM) Announces Earnings Results

STMicroelectronics (NYSE:STM) released its earnings results on Thursday. The semiconductor producer reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.02, Zacks reports. STMicroelectronics had a return on equity of 13.29% and a net margin of 16.11%. STMicroelectronics updated its Q1 2025 guidance to EPS.

STMicroelectronics Price Performance

Shares of STM stock traded down $2.29 on Thursday, reaching $22.46. The company had a trading volume of 7,988,430 shares, compared to its average volume of 6,321,085. The stock has a market capitalization of $20.29 billion, a PE ratio of 9.25, a price-to-earnings-growth ratio of 4.48 and a beta of 1.52. The company has a quick ratio of 2.16, a current ratio of 2.84 and a debt-to-equity ratio of 0.12. The business’s 50-day moving average is $25.37 and its 200 day moving average is $28.32. STMicroelectronics has a one year low of $21.96 and a one year high of $49.05.

STMicroelectronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Tuesday, March 25th. This represents a $0.36 annualized dividend and a dividend yield of 1.60%. STMicroelectronics’s payout ratio is 12.76%.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Morgan Stanley cut STMicroelectronics from an “equal weight” rating to an “underweight” rating in a research note on Monday, November 4th. Craig Hallum decreased their price objective on STMicroelectronics from $42.00 to $36.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Susquehanna restated a “positive” rating and set a $33.00 target price on shares of STMicroelectronics in a report on Thursday, November 21st. TD Cowen downgraded STMicroelectronics from a “buy” rating to a “hold” rating and lowered their price target for the stock from $32.00 to $25.00 in a research report on Monday, January 13th. Finally, Robert W. Baird cut their target price on shares of STMicroelectronics from $35.00 to $30.00 and set a “neutral” rating for the company in a research note on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $34.11.

About STMicroelectronics

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.