- NXP Semi’s 4Q adjusted EPS beat estimates at $3.71, compared to the estimated $3.65.
- The company’s EPS was $2.68, down from $2.76 y/y and lower than the estimated $2.94.
- NXP Semi’s revenue was $3.42 billion, marking a 3.3% increase y/y and surpassing the estimated $3.39 billion.
- The adjusted gross margin was 58.7%, up from 58% y/y and higher than the estimated 58.5%.
- The adjusted operating income was $1.22 billion, a slight 0.9% increase y/y and slightly above the estimated $1.2 billion.
- The adjusted operating margin was 35.6%, down from 36.5% y/y but higher than the estimated 35.3%.
- R&D expenses were higher than expected at $651 million, compared to the estimated $595.3 million.
- Inventory was valued at $2.13 billion, marking a 20% increase y/y and surpassing the estimated $1.98 billion.
- Capital expenditure amounted to $175 million.
- Adjusted free cash flow was $962 million, a 14% increase y/y, but slightly lower than the estimated $971.1 million.
- For the first quarter forecast, NXP Semi expects an adjusted EPS between $2.97 and $3.38, with an estimated average of $3.17.
- The company expects revenue to be between $3.03 billion and $3.23 billion, with an estimated average of $3.17 billion.
- The expected EPS for the first quarter is between $2.21 and $2.62, with an estimated average of $2.58.
- In review, NXP delivered solid results throughout 2023, reflecting strong execution, consistent gross margin, and healthy free cash flow generation despite a challenging semiconductor market environment.
- The company currently has 18 buys, 12 holds, and 1 sell.
A look at Nxp Semiconductors Nv Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to the Smartkarma Smart Scores, the long-term outlook for Nxp Semiconductors Nv is looking positive. The company has received a strong score of 5 for growth, indicating that it is expected to experience significant growth in the future. This is supported by Nxp’s focus on designing semiconductors and software for various industries such as mobile communications, consumer electronics, and security applications.
While the company has received moderate scores of 2 for both value and dividend, it has scored a solid 4 for momentum. This suggests that Nxp has been performing well in the market and is expected to continue doing so in the future. However, the company’s resilience score of 3 indicates that it may face some challenges in the face of market volatility. Overall, Nxp Semiconductors Nv appears to have a positive long-term outlook, with a strong emphasis on growth and momentum.
Based on its description, NXP Semiconductors NV operates as a global semiconductor company that designs and offers products for various industries, including automotive, identification, wireless infrastructure, lighting, mobile, and computing applications. With a focus on growth and a strong presence in multiple markets, Nxp is well-positioned for long-term success. However, it may face some challenges in the face of market fluctuations, as indicated by its resilience score.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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