STM.PA - STMicroelectronics N.V.

Paris - Paris Delayed Price. Currency in EUR
28.13
-0.82 (-2.83%)
As of 4:58PM CET. Market open.
Stock chart is not supported by your current browser
Previous Close28.95
Open28.95
Bid0.00 x 0
Ask0.00 x 0
Day's Range27.99 - 29.22
52 Week Range12.72 - 29.38
Volume2,660,985
Avg. Volume2,772,275
Market Cap25.021B
Beta (5Y Monthly)1.22
PE Ratio (TTM)24.68
EPS (TTM)1.14
Earnings DateJul 21, 2015 - Jul 27, 2015
Forward Dividend & Yield0.21 (0.74%)
Ex-Dividend DateMar 16, 2020
1y Target Est20.94
  • STMicroelectronics Waiting on the IoT
    InvestorPlace

    STMicroelectronics Waiting on the IoT

    After weathering the chip slump, STMicroelectronics (NYSE:STM) is set up to be a leader in the Internet of Things.Source: Michael Vi / Shutterstock.com The Internet of Things combines sensors, analysis software and communications. It brings previously inanimate devices under computer control.Self-driving cars are the best-known IoT niche. STM lists Tesla (NASDAQ:TSLA) and Intel's (NASDAQ:INTC) Mobileye unit among its top 10 customers. But traffic lights, sewers, phone networks, and even biological processes, can be constantly monitored and controlled using STM microcontrollers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Exciting Stocks to Buy for Aggressive Investors A poor first half of 2019 at STM was followed by a strong second half. This sent the shares up 85% over the last six months. At its Feb. 14 opening price of $31.29 per share, STM has a market cap of $28.5 billion against revenues of about $9.5 billion. Its price to earnings ratio of 28 is close to that of Taiwan Semiconductor (NYSE:TSM). STM Business and EarningsA valuation like that of TSM makes sense because STM both designs and makes its own chips. Many are made using obscure processes like Fully Depleted Silicon on Insulator (FD-SOI), Radio Frequency Silicon on Insulator (RF-SOI) and Vertical Intelligent Power (VIPower).For its fourth quarter, announced in January, STM beat analyst estimates with earnings of $392 million, 43 cents per share fully diluted, and revenue of $2.75 billion. Management is projecting 2020 revenues of $12 billion and what it calls "solid, sustainable growth."Most people have never heard of STM because its brand name is hidden inside other companies' products. Its chips go into sub-assemblies, programmed to collect data and communicate it over fixed or variable distances. Still, the company claims about 18,500 patents and filed for 590 more last year.One example of what STM does is its new LoRA SOC. This enables long-range transmission of data for creating smart devices that are managed remotely. The company manufactures in both France and Italy, as well as Singapore, with assembly and testing facilities in Asia and Morocco. Waiting for the PunchI began writing about IoT technology in the early 2000s, calling it the "World of Always On." I now prefer to call it "the Machine Internet," and it's a focus for growth in the new decade. Growth has been slowed by a lack of standards, by questions of security, and by privacy worries. STM works, with groups like the Zigbee Alliance on standards aimed at making microcontroller communication invisible.Some of the technical hurdles are now being crossed and niches like self-driving cars are heating up. Analysts expect STM to earn $1.45 per share this year, compared with $1.14 per share last year. Zacks recently profiled it as "an incredible growth stock," because earnings estimates have been steadily rising. The Bottom LineThe biggest risks for STM stock right now would be a manufacturing slowdown caused by the coronavirus and growing international tension slowing trade.If that happens, bigger profits will be delayed, but only for a time. The productivity benefits from radio-controlled sensors are impossible to deny. STM also has over $2.7 billion in cash on the balance sheet to weather any storm, against long term debt of $1.9 billion. That's a strong capital position for a manufacturer.A big year for STM will also mean a big year for its customers, and thus for the global economy. Products that sense and manage their own condition can be fixed before they break. They're managed remotely and increase productivity.For people who grew up at the dawn of the computer age, what STM products allow may be indistinguishable from magic. But your grandkids take it for granted.Dana Blankenhorn has been a financial and technology journalist since 1978. He is the author of the environmental thriller Bridget O'Flynn and the Bear, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this story. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Exciting Stocks to Buy for Aggressive Investors * 20 Stocks to Buy From the Law of Accelerating Returns * 7 U.S. Stocks to Buy on Coronavirus Weakness The post STMicroelectronics Waiting on the IoT appeared first on InvestorPlace.

  • 3 Reasons Why STMicroelectronics (STM) Is a Great Growth Stock
    Zacks

    3 Reasons Why STMicroelectronics (STM) Is a Great Growth Stock

    STMicroelectronics (STM) could produce exceptional returns because of its solid growth attributes.

  • GlobeNewswire

    Ultra-Low Power and Security for IoT Come First on New STM32L5 Microcontrollers from STMicroelectronics

    Proprietary security builds on Arm TrustZone technology to achieve PSA Certified Level 2 certificationSecure boot, full HW isolation, crypto acceleratorsBest-in-class power.

  • GlobeNewswire

    STMicroelectronics’ participation at MWC 2020 Barcelona and Embedded World Nuremberg

    STMicroelectronics has been closely following the situation related to the novel coronavirus outbreak in China and has taken a number of precautionary measures to ensure the health and safety of its employees worldwide. As an additional measure, the company has taken the decision to withdraw from exhibiting at MWC 2020 in Barcelona and at Embedded World in Nuremberg later this month.

  • GlobeNewswire

    STMicroelectronics Announces Status of Common Share Repurchase Program

    STMicroelectronics Announces Status of Common Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Feb 03, 2020 to Feb 07, 2020 AMSTERDAM – February.

  • GlobeNewswire

    STMicroelectronics Unveils Secure Cellular-Connectivity Offering for Industrial IoT and Automotive Applications

    STMicroelectronics Unveils Secure Cellular-Connectivity Offering for Industrial IoT and Automotive Applications ST4SIM offering includes automotive- and industrial-grade.

  • GlobeNewswire

    STMicroelectronics Accelerates Innovation in Automotive Electronics with Powerful Development Tools

    STMicroelectronics Accelerates Innovation in Automotive Electronics with Powerful Development Tools AutoDevKit™ ecosystem simplifies prototyping state-of-the-art automotive.

  • Charting a bullish reversal, S&P 500 extends spike from major support
    MarketWatch

    Charting a bullish reversal, S&P 500 extends spike from major support

    Technically speaking, the S&P 500 has extended a rally from major support (3,215) rising in the wake of an aggressive market downdraft, writes Michael Ashbaugh.

  • 6 Outperforming Guru Stocks
    GuruFocus.com

    6 Outperforming Guru Stocks

    Snap makes the list Continue reading...

  • GlobeNewswire

    STMicroelectronics and Fieldscale Bring Intuitive Touch Controls to STM32-Based Smart Devices

    STMicroelectronics (STM.PA), a global semiconductor leader serving customers across the spectrum of electronics applications, and Fieldscale, an ST Authorized Partner and provider of simulation software, have joined forces to simplify development of touch-enabled user interfaces for smart devices containing ST’s STM32 microcontrollers (MCUs). Touch-sensitive controls are convenient and attractive for end users, and can enhance product reliability, ingress protection, and cost-effectiveness.

  • GlobeNewswire

    STMicroelectronics Announces Status of Common Share Repurchase Program

    PR N°C2939C STMicroelectronics Announces Status of Common Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Jan 20, 2020 to Jan 24, 2020.

  • Evaluating STMicroelectronics N.V.’s (EPA:STM) Investments In Its Business
    Simply Wall St.

    Evaluating STMicroelectronics N.V.’s (EPA:STM) Investments In Its Business

    Today we'll look at STMicroelectronics N.V. (EPA:STM) and reflect on its potential as an investment. In particular...

  • Chipmaker Intel Smashes Fourth-Quarter Targets, Guides Higher
    Investor's Business Daily

    Chipmaker Intel Smashes Fourth-Quarter Targets, Guides Higher

    Chipmaking giant Intel late Thursday smashed Wall Street's sales and earnings targets for the fourth quarter. The Intel earnings report sent INTC stock surging in extended trading.

  • MarketWatch

    STMicroelectronics net profit falls, revenue increase

    The European semiconductor chip maker said net profit fell 6.2% year-on-year to $392 million, with revenue increasing 4% to $2.75 billion.

  • GlobeNewswire

    STMicroelectronics Reports Q4 and FY 2019 Financial Results

    Q4 net revenues $2.75 billion; gross margin 39.3%; operating margin 16.7%; net income $392 millionFY net revenues $9.56 billion; gross margin 38.7%; operating margin 12.6%; net.

  • Barrons.com

    Buy These Car Chip Makers Instead of Tesla or GM

    No matter who wins in electric and autonomous vehicles, semiconductor spending looks sure to rise. Here’s how to profit.

  • GlobeNewswire

    STMicroelectronics Joins Zigbee Alliance Board of Directors

    January 21, 2020 – The Zigbee Alliance, an organization of hundreds of companies creating, maintaining, and delivering open, global standards for the Internet of Things (IoT), today announced that STMicroelectronics (STM.PA), a global semiconductor leader serving customers across the spectrum of electronics applications, has joined its Board of Directors. Along with other Zigbee Alliance promoter member companies, ST is set to play a vital role in the adoption and evolution of Zigbee, aiming to simplify development for manufacturers and increase device compatibility for consumers.

  • iPhone Hits Double-Digit Growth in China, Official Data Show
    Bloomberg

    iPhone Hits Double-Digit Growth in China, Official Data Show

    (Bloomberg) -- Apple Inc. bagged a significant smartphone shipment jump in China last month as the world’s largest consumer electronics market heads into its holiday season, official data indicate.The iPhone maker’s shipments in China grew 18.7% year on year in December to roughly 3.18 million units, according to Bloomberg calculations based on government data on overall and Android device shipments. The increase marked an acceleration from the prior months, which were buoyed by the iPhone 11’s release in September. The numbers come from the China Academy of Information and Communication Technology, a government think tank.Shares in Apple suppliers AMS AG, Infineon Technologies AG, STMicroelectronics NV and Dialog Semiconductor Plc climbed in early European trade, buoyed by an overall tech-sector rally. The improvement in December iPhone sales in China despite a lack of 5G readiness was “quite positive” for Apple and its suppliers, analysts at Oddo wrote in a note Thursday.Read more: Tech Stocks Reclaim June 2001 Highs as Apple Suppliers RallyApple made major strides in increasing battery life in its iPhone 11 and 11 Pro devices while lowering the starting price by $50. After years of stagnation in cameras, the company also overhauled the iPhone’s image quality in 2019, catching up to category leaders Google and Huawei Technologies Co. This approach drew an overwhelmingly positive reception from critics.The latest data affirms expectations that the iPhone 11 is selling more strongly than its predecessor, particularly in a market that’s second only to the U.S. in its importance to Apple’s bottom line. The surge in shipments gives reason for optimism around Apple’s smartphone sales in the buildup to the Chinese New Year, which falls in late January. China’s overall smartphone shipments in December fell short of 30 million units, a 13.7% decrease compared to the same period in 2018, according to CAICT.Still, the Cupertino, California-based company is fighting an uphill battle against a group of local vendors led by Huawei, which gained a dominant position in 2019 despite facing sanctions and struggles abroad. As the year progresses, Apple’s lack of 5G-enabled devices and inability to get its full range of online services past Chinese censors will make sustaining this initial shipment improvement an uncertain task.(Updates with shares from the third paragraph)To contact Bloomberg News staff for this story: Gao Yuan in Beijing at ygao199@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Vlad Savov, Colum MurphyFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Bloomberg

    Trump’s China Tech Spat Is About Taking 5G Lead, French CEO Says

    (Bloomberg) -- For Paul Boudre, U.S. President Donald Trump’s push against Chinese telecommunications companies is less about espionage than the race for technological supremacy.Boudre, the chief executive officer of Soitec, a French maker of semiconductor materials that go into 5G equipment, automobiles, cloud computing and IT infrastructure, says Trump’s actions are aimed primarily at allowing American firms to catch up.“Trump’s kick in the pants for companies is to wake them up and to catch up,” Boudre said in an interview Tuesday in Paris. “Trump is the emissary saying that if nothing is done, we’ll be blown away. That’s why he’s been trying to put a brake on the advances that China has made.”With the “everything-connected” era well under way, the race for a technological edge is intensifying. Trump has repeated railed against China and its companies, including Huawei Technologies Co., citing industrial espionage and intellectual property theft. He has limited their access to the U.S. market and to American suppliers, while also pressing allies from Japan to The Netherlands to review policies toward the Asian giant.The executive push and the infrastructure policy are driving U.S. companies like Cisco, Qorvo Inc., Skyworks Solutions to accelerate their research, a move that could allow American players to get new 5G technologies rolling out potentially in 2021, Boudre said.“Technology has become political today,” he said.Supply ChainsThe U.S. pushed to block the sale of chip manufacturer ASML’s technology to China by sharing a classified intelligence report with the Dutch government, Reuters reported on Monday, citing unidentified people familiar with the matter.Soitec, which has factories and licenses for producing the substrate for handsets and infrastructure in France, Singapore and China, can provide “China Free” material if requested, Boudre said, adding that no such demands have been made by its clients.“What’s happened with Trump is a modification of supply chains,” he said. “Huawei won’t rely exclusively anymore on Qorvo, Skyworks, Qualcomm, because there is a risk. So they’ve developed relations with Murata, STMicro and others.”Developments in the U.S. 5G market this year and next will be a test of whether Trump’s policies were fruitful, Boudre said.“Clearly, two technologies are now being implemented,” with China’s 5G building on 4G, while the U.S.’s 5G that’s more of a new development called “millimeter wave.” The U.S. technology may hit the broad market in 2021, Boudre said, with Cisco driving the innovation. Qualcomm’s modem chip using millimeter wave technology is likely to hit the market in 2020.Soitec RisingWhile Trump’s moves have roiled trade and supply chains for companies building 5G and other technologies, Soitec has been spared, the executive said.The company, whose material goes into almost every smartphone in the world, plans to double sales in the next three years, reaching $1 billion in its fiscal year 2022, and sees revenue tripling in the next five years or so.Founded in the early 1990s in the French Alps, Soitec, which now employs 1,500 people, sits at the heart of the revolution that’s made possible everything from mobile phones, personal assistants like Amazon.com Inc.’s Alexa and Google’s Nest, to 5G antennas and connected devices in cars.In the automotive sector, where Europe has an edge, Soitec is working with Robert Bosch GmbH, Audi AG, STMicroelectronics NV and others to define future components, Boudre said. In artificial intelligence, he sees a shift of computing power from the cloud to devices lifting demand for Soitec’s materials, which allow chipmakers to combine computing, memory and connectivity on a single chip.The extent of all that growth will be evident when the company discusses its long-term plans in June, Boudre said.Soitec’s stock rose 85% in 2019, making it among the top 10 performers of the benchmark SBF120 index.\--With assistance from Caroline Connan and Francine Lacqua.To contact the reporters on this story: Helene Fouquet in Paris at hfouquet1@bloomberg.net;Rudy Ruitenberg in Paris at rruitenberg@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Vidya RootFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • GlobeNewswire

    STMicroelectronics STM32 System-on-Chip Accelerates Creation of Smart Devices with LoRa IoT Connections

    Integrates STM32 microcontroller IP and enhanced Semtech radio on one chipReady to connect to LoRa® and other low-power Wide-Area Networks worldwideSupported by ST’s rolling.