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

STMicroelectronics (NYSE:STM) released its quarterly earnings data on Thursday. The semiconductor producer reported $0.37 EPS for the quarter, beating analysts’ consensus estimates 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 10.7 %

NYSE STM traded down $2.64 during trading hours on Thursday, hitting $22.10. 4,613,908 shares of the company traded hands, compared to its average volume of 6,136,714. The stock has a market capitalization of $19.96 billion, a price-to-earnings ratio of 9.11, a P/E/G ratio of 4.48 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 has a twelve month low of $21.96 and a twelve month high of $49.05. The business’s 50-day moving average is $25.37 and its 200-day moving average is $28.32.

STMicroelectronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be given a dividend of $0.09 per share. The ex-dividend date is Tuesday, March 25th. This represents a $0.36 annualized dividend and a yield of 1.63%. STMicroelectronics’s dividend payout ratio (DPR) is presently 12.76%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Barclays downgraded STMicroelectronics from an “equal weight” rating to an “underweight” rating in a report on Wednesday, January 22nd. Susquehanna restated a “positive” rating and issued a $33.00 price target on shares of STMicroelectronics in a report on Thursday, November 21st. Morgan Stanley downgraded STMicroelectronics from an “equal weight” rating to an “underweight” rating in a report on Monday, November 4th. BNP Paribas started coverage on STMicroelectronics in a research report on Tuesday, December 3rd. They set a “neutral” rating and a $28.00 price objective for the company. Finally, Robert W. Baird reduced their price objective on STMicroelectronics from $35.00 to $30.00 and set a “neutral” rating for the company in a research report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $34.11.

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.