Investors interested in Laptop and Technologies shares must always be looking to discover the most effective-performing firms in the group. Has NXP Semiconductors N.V. (NXPI) been 1 of individuals stocks this 12 months? Let us acquire a closer appear at the stock’s year-to-day efficiency to come across out.
NXP Semiconductors N.V. is a member of our Laptop and Technological innovation team, which contains 632 different businesses and now sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank gauges the energy of our 16 particular person sector groups by measuring the common Zacks Rank of the particular person stocks within the groups.
The Zacks Rank is a verified system that emphasizes earnings estimates and estimate revisions, highlighting a variety of shares that are exhibiting the right attributes to beat the marketplace in excess of the following 1 to 3 months. NXPI is now sporting a Zacks Rank of #2 (Buy).
Within the earlier quarter, the Zacks Consensus Estimate for NXPI’s total-12 months earnings has moved 19.26% bigger. This is a indication of bettering analyst sentiment and a constructive earnings outlook trend.
Our most up-to-date readily available knowledge reveals that NXPI has returned about 1.91% due to the fact the get started of the calendar 12 months. At the very same time, Computer system and Technological innovation stocks have dropped an typical of 1.26%. This indicates that NXP Semiconductors N.V. is undertaking far better than its sector in phrases of 12 months-to-date returns.
Searching more specially, NXPI belongs to the Semiconductor – Analog and Combined market, which involves 12 unique stocks and now sits at #49 in the Zacks Field Rank. On normal, this team has misplaced an typical of .29% so far this calendar year, this means that NXPI is executing better in terms of year-to-day returns.
Traders in the Laptop and Know-how sector will want to hold a shut eye on NXPI as it makes an attempt to go on its strong performance.