|Bid||91.00 x 1800|
|Ask||93.20 x 800|
|Day's Range||92.02 - 93.30|
|52 Week Range||67.62 - 125.93|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||13.85|
|Earnings Date||Feb 5, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||1.00 (1.09%)|
|1y Target Est||102.32|
Paul Schatz, Heritage Capital LLC President, says that if semiconductors can hold on to their gains and add to them in the next couple of weeks then “stocks may get the all clear green light for the next couple of months.” Yahoo Finance’s Alexis Christoforous speaks to him.
Decline in digital networking business hurts NXP Semiconductors (NXPI) fourth-quarter 2018 results. However, strength in demand for RF power solutions, ADAS and i.MX are positives.
Full-blown autonomous driving won't be here tomorrow, but it's certainly on the way. The technology has drawn mixed emotions from consumers. Some don't trust it and aren't excited for a computer to navigate the vehicle that they're in. Others are embracing the technology and can't wait for it to happen. That's one reason they're looking for self-driving car stocks.For all the doubters out there though, please realize this technology is coming. I know this for two reasons: that it will save lives and save money. Almost 40,000 people die in the United States each year due to automotive accidents, an unacceptable level of fatalities. My hope is that one day we look back and say we can't believe how high that number used to be.Ultimately, self-driving cars will cut that number down. It's why we have hundreds of companies collectively pouring billions of dollars into the solution. It will increase productivity, improve safety and decrease logistics costs. Simply put, it would be crazy to ignore this opportunity.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Buy These 5 Stocks to Play the Megatrend of the Century With that said, let's examine some autonomous car stocks.Source: Waymo Alphabet (GOOGL,GOOG)Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) should be considered the leader of the self-driving car movement. It's the first major company that devoted major dollars to establishing a program for an autonomous fleet and it's no surprise that it's still the leader a decade later.After launching its own segment, Waymo, the company has seen the unit's valuation soar. More than one analyst has pegged its valuation at more than $100 billion. Morgan Stanley analysts hold the top valuation mark for now, saying Waymo could be valued at up to $175 billion.It operates the only commercial autonomous vehicle program in the country and has plans to expand globally. Waymo is also eyeing the semi truck market for its autonomous vehicle services and licensing to automakers isn't out of the question down the road.Simply put, this company is leading the pack. If you want exposure to just one company with a rock-solid balance sheet and exposure to self-driving car stocks, GOOGL is the pick.Source: Shutterstock General Motors (GM)Widely considered in second place for autonomous driving commercial services in the U.S. is Cruise, a subsidiary of General Motors (NYSE:GM).GM acquired Cruise for roughly $1 billion in August 2016. Following investments from SoftBank and Honda (NYSE:HMC) in 2018 though, the valuation has soared all the way up to $14.6 billion. Talk about a return on investment. GM CEO Mary Barra has proven she can lead an innovative team while also making savvy acquisitions when needed.Cruise gives GM a viable commercial autonomous taxi option for the future, while the company's own self-driving technologies -- like Super Cruise in its Cadillac line -- have proven to be an industry leader as well. GM is among those fighting for a spot at the top when it comes to autonomous driving and that shouldn't come as a surprise. * 7 Forever Stocks to Buy for Long-Term Gains Just when everyone wants to dump the automaker, it comes out with strong guidance for the quarter and for fiscal 2019. Then it tops Q4 estimates and reiterates guidance. The valuation is low with a single-digit P/E ratio and the dividend is high with a 4% yield. This one will surely be in focus if it sees a large pullback this year.Source: Shutterstock Nvidia (NVDA)Unlike GM, which has been on fire, Nvidia (NASDAQ:NVDA) has been anything but. After making its name in gaming and computer chips for years, Nvidia quickly found itself in the dog house, falling ~50% in the fourth quarter. What a brutal beating for investors.However, it gave investors -- particularly those looking for self-driving car stocks -- an opportunity to invest in a long-term theme on the cheap. Despite the drumming Nvidia has received following its inventory-related issues, there's no denying its position among the autonomous driving leaderboard.Unlike GM and Waymo though, Nvidia does not have its own autonomous taxi service. Instead, it's building hardware and software solutions for hundreds of customers focused on self-driving cars. Put simply, it requires a mind-boggling amount of input and power to operate a self-driving vehicle. Whether it's an automaker, research team or startup, many of these companies are leaning on Nvidia as the backbone to their self-driving aspirations.As such, Daimler (OTCMKTS:DDAIF), maker of Mercedes-Benz, has partnered with Nvidia for its autonomous driving and self-driving taxi ambitions. Look for automotive revenue to continue increasing for the foreseeable future for Nvidia.Source: stargazer2020 via Flickr Intel (INTC)Like Nvidia, Intel (NASDAQ:INTC) is not building its own autonomous driving platform. However, the company is working on components that will help other companies build its own self-driving systems.Various chips are on the way and Intel's $15.3 billion acquisition of Mobileye is helping lead its charge. The company made the costly acquisition in order to bolster its portfolio in the automotive segment and give itself a chance in the self-driving car race.While Intel may not get much of the spotlight, it is worth mentioning the company's advances. During the Autonomous Vehicles 2018 conference in Detroit, MI. In August, I witnessed the company's breakdown of its Responsibility-Sensitive Safety program (RSS). Acting as a reactionary system for autonomous driving, it helps improve safety and mitigate risk. It's not perfect, but it was an impressive program to watch at work.Intel also has deals in the pipeline. In 2018, Intel agreed that it will supply its relatively new EyeQ5 chip in 8 million vehicles for a so-far unnamed European automaker. The deal won't begin until 2021 and while the terms weren't disclosed, 8 million cars is a lot of vehicles. Consider that U.S. consumers buy about 17 million new models per year. * 7 Breakout Stocks In Early 2019 In other words, Intel has a future in the autonomous driving space, no question about it.Source: BlackBerry BlackBerry (BB)This list doesn't have to be five stocks long -- it could be 25 without an issue. There are so many companies involved, many don't even realize it. There's cloud and data companies, automakers, semiconductor manufacturers, OEM suppliers, chip makers and a long list of others that are involved.That said, we could have listed Tesla (NASDAQ:TSLA), Baidu (NASDAQ:BIDU) for its Apollo driving program, NXP Semiconductor (NASDAQ:NXPI) and a whole host of others. But let's talks about BlackBerry (NYSE:BB) because it doesn't get much love when talking about self-driving car stocks.BlackBerry is a software and security play. After talking up Jarvis at last year's Detroit Auto Show (in 2018), the discussion has admittedly faded somewhat. However, BlackBerry is already in tens of millions of vehicles and partnered with some of the largest automakers in the world. When -- not if -- autonomous driving hits its stride, security will be one of the top concerns for automakers.With BlackBerry having an excellent reputation in this regard, it will be (and to some extent, already is) a go-to pick in automotive software security. Autonomous vehicles are essentially computers on wheels and that's a big deal for a company like BlackBerry.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long GOOGL and NVDA. Compare Brokers The post 5 Self-Driving Car Stocks to Buy appeared first on InvestorPlace.
Enterprise Update: SYMC, CHKP, PANW, SAP, QCOM, INTC, and MU(Continued from Prior Part)Micron raised funds through bond sales Micron Technology (MU) recently raised ~$1.8 billion through bond sales. The company said it intended to use the proceeds to
The chipmaker would love to see the trade wars between Beijing and Washington end soon. Until then, sales in the important Chinese market will suffer.
NXP Semiconductors NV NASDAQ/NGS:NXPIView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for NXPI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting NXPI. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding NXPI totaled $9.22 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NXP Stock Falls More than 3% on Disappointing Q1 GuidanceNXP stock is down 3% The weak semiconductor earnings season is continuing, with yet another earnings guidance miss. This time, it’s NXP Semiconductors (NXPI), the world’s largest automotive
NXP (NXPI) delivered earnings and revenue surprises of 10.05% and 0.65%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Eindhoven, Netherlands-based company said it had profit of 94 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to $2.30 per share. The results ...
beat Wall Street's revenue expectations on its fourth-quarter 2018 earnings report Wednesday evening but offered a downbeat revenue forecast for the first quarter. Wall Street estimates for the Eindhoven, Netherlands-based company were for earnings of 42 cents a share, using International Financial Regulatory Standards, on revenue of $2.38 billion. "Demand has weakened for the first quarter, primarily in the automotive and industrial end-markets in China," Richard Clemmer, NXP CEO, said in a statement.
NXP Semiconductors NV said Wednesday evening that sales declined 2% in the fourth quarter, and it projects the decline to worsen in the current quarter. The chip maker reported better than expected fourth-quarter results, with net income of $276 million, or 94 cents a share, on sales of $2.4 billion. Analysts on average expected earnings of 42 cents a share on sales of $2.38 billion, according to FactSet. The company's revenue, though, declined about 2% from the same quarter a year ago, and NXP predicted that first-quarter revenue will fall 5% to 11% from the same quarter last year. NXP's forecast calls for first-quarter revenue of $2.02 billion to $2.16 billion, lower than the average analyst forecast of $2.24 billion, according to FactSet. "Demand has weakened for the first quarter, primarily in the automotive and industrial end-markets in China," Chief Executive Richard Clemmer said in the news release. Chip makers' forecasts have disappointed investors for months amid a presumed downturn for the semiconductor market, largely blamed on Chinese demand, though many have predicted the market will turn back around in the second half of the year. NXP's U.S.-traded shares closed 2.5% higher at $92.45 Wednesday; the Dutch company released its earnings after the end of the extended trading session Wednesday.
EINDHOVEN, The Netherlands, Feb. 06, 2019 -- NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the fourth quarter and full year 2018, ended December.
It's been a disastrous quarter for semiconductor stocks. But while big-name semiconductor stocks like Nvidia (NASDAQ:NVDA) and Micron (NASDAQ:MU) plunged to end 2018, Xilinx (NASDAQ:XLNX) managed to spring to all-time highs. Regulatory concerns nailed stocks including NXPI Semiconductor (NASDAQ:NXPI) and Qualcomm (NASDAQ:QCOM). Stronger old-line players like Intel (NASDAQ:INTC) and Texas Instruments (NASDAQ:TXN) sagged despite reasonably solid outlooks. Meanwhile, Xilinx stock is up 56% over the past six months. That's in stark contrast to the 9% decline for the VanEck Vectors Semiconductor ETF (NYSEARCA:SMH) over the same time period. More broadly, Xilinx stock has been on a tear for years now. Since the latest earnings report, XLNX stock has jumped 20%. It traded in the $40+ range as recently as 2016 -- meaning shares have nearly tripled over 3 years. But don't expect this growth to last. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 S&P 500 Stocks to Buy That Tore Up Earnings So what has gone so right for Xilinx? And why isn't it likely to continue? ### Xilinx's Great Earnings Let's start with the biggest positive for Xilinx stock going forward: earnings momentum. Throughout 2018, Xilinx was reporting strong numbers despite weakness in the semiconductor sector. Q3 only accelerated that trend. The company's earnings of 92 cents blew away analyst estimates of 85 cents. Even more impressively, the company grew its revenues 34% year-over-year and sees no slowdown in sight. Xilinx guided to a midpoint of $825 million in revenues for the upcoming quarter against analyst expectations of just $776 million. What powered these fantastic results? Looking through Xilinx's divisions on a revenue basis, both communications and the industrial and aerospace/defense segments ran way ahead of analyst expectations. Meanwhile, both data center and consumer/autos merely matched analyst forecasts. That probably shouldn't be surprising. Other companies have shown weakness in data centers this quarter and the auto cycle appears to be long in the tooth. But communications, in particular, is booming. That's thanks to 5G. ### 5G: Are We Getting Ahead Of Ourselves? To be clear, 5G was the biggest factor in Xilinx's amazing quarter. It's long been known that 5G is going to a huge market opportunity for firms such as Xilinx that have heavy exposure to the space. 5G rollout is set to begin in earnest across the globe in coming quarters. So far, South Korea has been ahead of the pack in launching 5G. However, given Xilinx's results and commentary from Texas Instruments, it appears that 5G deployment is under way in North America as well. However, there is a reason to temper our enthusiasm at least a bit. That is, of course, the ongoing trade dispute between China and the U.S. An analyst on the Xilinx earnings call asked management directly if the boom in 5G spending was simply due to Chinese equipment manufacturers stocking up on supplies ahead of increased tariffs and trade restrictions. Victor Peng, Xilinx's CEO responded: "So, look, we're very sensitive to that situation. So we definitely triangulate from multiple perspectives and also we work on various business things to sort of filter that out. So we don't believe what's going on is just pure pull-ins or any sort of double bookings. I would also add that, our strength in wireless is not just in China." Hopefully Peng is right, and this is real accelerated demand rather than simply defensive buying due to the trade war. However, it's worth watching for another couple quarters to see if the 5G demand keeps on running ahead of expectations. ### Xilinx Stock Outlook There are a few things to keep in mind before getting too excited about Xilinx's recent earnings results. For one, it's unclear how strong 5G demand and how much is related to trade war issues. Related to that, if the global economic slowdown gains steam, it will probably hit Xilinx's business in other areas. The industrial and autos segments in particular would be vulnerable to a further stalling out of economic growth. Over the longer haul, it's unclear how long Xilinx will have the best technology in the 5G space. Sure, they are on the cutting edge now. Xilinx's field-gate programmable arrays "FGPA" are generally the most capable option at the beginning of a cycle. Eventually, less advanced application-specific integrated circuits "ASIC" will probably sop up much of the demand. But Xilinx should have several years to profit. That said, Intel also tends to bring strong competition and while they may be behind Xilinx now, there's no guarantee that will last very long. Investors should also be nervous about the valuation of Xilinx stock up here at $110 share. That puts it at 33x trailing and 29x forward earnings. The current consensus has earnings moving from $3.36 over the past 12 months to $3.81, making for an 11% gain. That's certainly a nice jump, but it might take more to support the stock at this valuation. The 9.5x price/sales ratio is also really high for a semiconductor company. In addition, the 1.3% dividend yield, while appreciated, is too small to provide much support for the stock. ### The Bottom Line on XLNX Stock XLNX stock is in uncharted territory as it sits at all-time highs. By all means, it is running on momentum, and that trade could continue for awhile. * 10 F-Rated Stocks That Could Break Your Portfolio But for investors looking at the stock beyond a swing trade, this looks like a poor entry point. Particularly with the semiconductor sector struggling, it will be hard for Xilinx stock to keep flying higher by itself. At the time of this writing, Ian Bezek owned INTC, TXN, NXPI, and QCOM stock. You can reach him on Twitter at @irbezek. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 S&P 500 Stocks to Buy That Tore Up Earnings * 10 Cold Weather Stocks to Heat Up Your Returns * The 7 Best Penny Stocks to Buy Compare Brokers The post Don't Count On Xilinx Stock's Hot Streak to Last appeared first on InvestorPlace.
Short squeeze in the semis! It is happening again. Ever since Lam Research called the bottom with its $5 billion buyback announcement this group has been on fire. It is showing no signs of stopping. Western Digital , which was optimistic about the second half and Micron which shares that view haven't stopped flying.
Both of these microchip giants are fine investments for the long term, but one of them also comes with a bargain-bin share price.
NXP (NXPI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
EINDHOVEN, The Netherlands, Jan. 29, 2019 -- NXP Semiconductors N.V. (NASDAQ: NXPI) today announced participation at the following upcoming events with the financial community:.
Fisher Investments leader Ken Fisher (Trades, Portfolio) released his portfolio for the final quarter of 2018 last week, listing 78 new holdings. Warning! GuruFocus has detected 1 Warning Sign with WB. For the quarter, the firm's five largest new positions were Weibo Corp. (WB), EssilorLuxottica (ESLOY), NXP Semiconductors NV (NXPI), Alarm.com Holdings Inc. (ALRM) and HubSpot Inc. (HUBS).
Investing.com - Nvidia slumped on Monday, sending semis broader lower, after the chipmaker warned it would miss fourth-quarter revenue expectations blaming weaker-than-expected gaming and datacenter growth.