Report
Stephane Houri

STMicroelectronics N.V. : Point bas au T1 19 + capacité prouvée à protéger ses marges = Achat

>Sentiment de soulagement notamment sur la marge et sentiment que le point bas a certainement été atteint - Hier, STMicroelectronics a publié des résultats T4 18 supérieurs aux attentes, mais a guidé sur un T1 19 en baisse séquentielle de 20.7%, à 2.1 Md$, alors que la saisonnalité traditionnelle militait pour un recul proche de 10% et que le consensus était à -11%. Cliquer pour lire notre réaction initiale. Le titre a pourtant progressé sur cette nouvelle, ...
Underlying
STMicroelectronics NV

STMicroelectronics is a global independent semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (“ICs”) and discrete devices. Co. offers a diversified product portfolio and develops products for a wide range of market applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. Within its diversified portfolio, Co. is focused on developing products that leverage its technological strengths in creating customized, system-level solutions with digital and mixed-signal content.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Houri

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