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Renesas Electronics Corporation (RNECF)
OTHER OTC:RNECF
Renesas Electronics (RNECF) Stock Price & Analysis
61 Followers
RNECF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.18 - $21.50
Previous Close$19.49
Volume1.96K
Average Volume (3M)9.07K
Market Cap
$35.15B
Enterprise Value$38.29B
Total Cash (Recent Filing)¥312.79B
Total Debt (Recent Filing)¥804.27B
Price to Earnings (P/E)15.9
Beta1.46
Next Earnings
Jul 25, 2024EPS Estimate
$0.32Last Dividend Ex-Date
Dec 28, 2023Dividend Yield0.97%
Share Statistics
EPS (TTM)1.22
Shares Outstanding1,870,614,885
10 Day Avg. Volume4,953
30 Day Avg. Volume9,071
Standard Deviation0.13
R-Squared0.32
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$23.28Price Target Upside19.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Renesas Electronics News
PremiumCompany Announcements
Renesas Electronics Pursues Sustainable Technological Future
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe group has turned around from a net loss of JPY6.3bln to net earnings of JPY337.1bln, showcasing a significant improvement in financial health.
Growth TargetRenesas aims to achieve a 20x jump in revenue, setting an ambitious target to become a Top 3 embedded semiconductor solution supplier with revenues exceeding US$20 billion.
Market PositionRenesas holds the No. 1 position in the microcontroller (MCU) market with close to a 20% share, highlighting its dominance in the sector.
Bears Say
Industry CompetitionThe semiconductor industry is extremely competitive, and the Group is exposed to fierce competition from competitors around the world in areas such as product performance, structure, pricing, and quality.
Market DemandA slower than expected recovery in demand, especially for the automotive segment, where the group has around 50% revenue exposure.
Revenue ExposureA significant portion of the group's revenue, around 50%, is dependent on the automotive segment, which could face a slower than expected demand recovery.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
5.64% Mutual Funds
7.63% Other Institutional Investors
86.74% Public Companies and
Individual Investors
RNECF FAQ
What was Renesas Electronics Corporation’s price range in the past 12 months?
Renesas Electronics Corporation lowest stock price was $13.18 and its highest was $21.50 in the past 12 months.
What is Renesas Electronics Corporation’s market cap?
Currently, no data Available
When is Renesas Electronics Corporation’s upcoming earnings report date?
Renesas Electronics Corporation’s upcoming earnings report date is Jul 25, 2024 which is in 3 days.
How were Renesas Electronics Corporation’s earnings last quarter?
Renesas Electronics Corporation released its earnings results on Apr 25, 2024. The company reported $0.285 earnings per share for the quarter, missing the consensus estimate of $0.318 by -$0.033.
Is Renesas Electronics Corporation overvalued?
According to Wall Street analysts Renesas Electronics Corporation’s price is currently Undervalued.
Does Renesas Electronics Corporation pay dividends?
Renesas Electronics Corporation pays a Notavailable dividend of $0.18 which represents an annual dividend yield of 0.97%. See more information on Renesas Electronics Corporation dividends here
What is Renesas Electronics Corporation’s EPS estimate?
Renesas Electronics Corporation’s EPS estimate is $0.32.
How many shares outstanding does Renesas Electronics Corporation have?
Renesas Electronics Corporation has 1,870,614,900 shares outstanding.
What happened to Renesas Electronics Corporation’s price movement after its last earnings report?
Renesas Electronics Corporation reported an EPS of $0.285 in its last earnings report, missing expectations of $0.318. Following the earnings report the stock price went up 1.782%.
Which hedge fund is a major shareholder of Renesas Electronics Corporation?
Currently, no hedge funds are holding shares in RNECF
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Renesas Electronics Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$23.28 (19.45% Upside)
$23.28 (19.45% Upside)
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.06%
12-Months-Change
Fundamentals
Return on Equity
16.04%
Trailing 12-Months
Asset Growth
0.10%
Trailing 12-Months
Company Description
Renesas Electronics Corporation
Renesas Electronics Corp. engages in the design, research, development, manufacture, sale and servicing of semiconductor products. It operates through the following business divisions: Automotive Business and General Purpose Business. The Automotive Business division offers 'in-vehicle control' semiconductors that control engines and car bodies and 'car information' semiconductors for in-vehicle information such as navigation systems. The General Purpose Business division provides semiconductors for industrial equipment, home appliances, and network infrastructure. It also provides the expertise, quality, and comprehensive solutions for a broad range of automotive, industrial, Home Electronics (HE), Office Automation (OA) and Information Communication Technology (ICT) applications to help shape a limitless future. The company was founded on November 1, 2002 and is headquartered in Tokyo, Japan.
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RNECF Company Deck
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RNECF Earnings Call
Q1 2024
0:00 / 0:00
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RNECF Stock 12 Month Forecast
Average Price Target
$23.28
▲(19.45% Upside)
Technical Analysis
Best Analysts Covering RNECF
1 Year
1 Year Success Rate
2/2 ratings generated profit
1 Year Average Return
+10.00%
reiterated a buy rating last month
Copying Ling Lee Keng's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +10.00% per trade.
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