Tomorrow the French company STMicroelectronics will report her past quarter's results. For this year the consensus of the revenue equals 6,91 billion euros. This is slightly more than the 2015's revenue of 6,9 billion euros.
The analysts estimate for 2016 a net profit of 182 million euros. For this year the analyst's consensus of STMicroelectronics 's result per share is a profit of 22 cents. Based on this the price/earnings-ratio equals 30,77.
STMicroelectronics is being covered by 11 analysts (only based on fundamental analysis). The average target price for the stock is at 6,05 euros. This is around 11 percent less than the current stock price of 6,77 euros. Bank of America Merrill Lynch, Goldman Sachs and Barclays recently provided recommendations for the company.
Based on the number of outstanding shares STMicroelectronics 's market capitalization is around 5,95 billion euros.The stock traded at 11.56 2,3 percent lower at 6,77 euros.
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