Large-cap Technology company STMicroelectronics has logged a -3.8% change today on a trading volume of 4,235,449. The average volume for the stock is 3,375,756.
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. Based in Geneva, Switzerland the company has 51,370 full time employees and a market cap of $42,737,307,648. STMicroelectronics currently offers its equity investors a dividend that yields 0.5% per year.
The company is now trading -11.65% away from its average analyst target price of $51.18 per share. The 10 analysts following the stock have set target prices ranging from $33.0 to $74.0, and on average give STMicroelectronics a rating of buy.
Over the last 52 weeks, STM stock has risen 30.2%, which amounts to a 6.6% difference compared to the S&P 500. The stock's 52 week high is $55.85 whereas its 52 week low is $36.03 per share. Based on STMicroelectronics's average net margin growth of 16.1% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022 | 16,128,000 | 3,960,000 | 25 | 56.25 |
| 2021 | 12,761,000 | 2,000,000 | 16 | 45.45 |
| 2020 | 10,219,000 | 1,106,000 | 11 | 0.0 |
| 2019 | 9,556,000 | 1,032,000 | 11 | -15.38 |
| 2018 | 9,664,000 | 1,287,000 | 13 | 30.0 |
| 2017 | 8,347,000 | 802,000 | 10 |
