The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
STMicroelectronics N.V. accounts for 5.47 % of our European Portfolio. A trade is currently open since 02/04/2020 with a purchase price of € 24.48. Discover the other 19 stocks of the European portfolio managed by the MarketScreener portfolio management team.
The company is in a robust financial situation considering its net cash and margin position.
The group usually releases upbeat results with huge surprise rates.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the past twelve months, EPS forecast has been revised upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
The stock is in a well-established, long-term rising trend above the technical support level at 23.64 EUR
Technically, the stock approaches a strong medium-term resistance at EUR 34.1.
The firm trades with high earnings multiples: 30.16 times its 2020 earnings per share.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.