STMicroelectronics (NYSE:STM) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

STMicroelectronics (NYSE:STM) released its quarterly earnings results on Thursday. The semiconductor producer reported $0.37 earnings per share (EPS) 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 Stock Down 0.5 %

STM stock opened at $22.41 on Friday. STMicroelectronics has a fifty-two week low of $21.96 and a fifty-two week high of $49.05. The stock has a fifty day moving average of $25.29 and a 200-day moving average of $28.14. The company has a market capitalization of $20.24 billion, a price-to-earnings ratio of 9.22, a PEG ratio of 4.36 and a beta of 1.52. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.16 and a current ratio of 2.84.

STMicroelectronics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, March 25th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.61%. STMicroelectronics’s dividend payout ratio is presently 12.76%.

Analyst Ratings Changes

Several brokerages recently issued reports on STM. Craig Hallum cut their price target on STMicroelectronics from $42.00 to $36.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. BNP Paribas began coverage on STMicroelectronics in a report on Tuesday, December 3rd. They set a “neutral” rating and a $28.00 target price on the stock. Morgan Stanley lowered shares of STMicroelectronics from an “equal weight” rating to an “underweight” rating in a research note on Monday, November 4th. Barclays cut STMicroelectronics from an “equal weight” rating to an “underweight” rating in a report on Wednesday, January 22nd. Finally, TD Cowen lowered STMicroelectronics from a “buy” rating to a “hold” rating and dropped their target price for the company from $32.00 to $25.00 in a report on Monday, January 13th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $33.40.

STMicroelectronics Company Profile

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.