Stocks Hitting New 52-Wkh: NXP (NXPI), ON Semiconductor (ONNN), Microchip (MCHP), Texas Instruments (TXN)

Shares of NXP Semiconductors NV (NXPI) hit a new 52-week high Monday, surpassing their previous high of $98.45 set on February 15, 2015. That’s a 21.62% rise, or $46.08 per share from the 52-week low of $53.81 set on Oct. 13, 2014.

The stock is currently trading at $99.89 and printing a one-year return of about 11% and year-to-date return of around 50%. Approximately 13 million NXPI shares have already changed hands, compared to the stock’s average daily volume of 2.9 million shares.

Shares of NXP Semiconductors are trading up more than 16 percent in Monday’s trading session.

Shares of ON Semiconductor Corp. (ONNN) hit a new 52-week high Monday, printing the tape intraday at $13.19. That’s a 95% rise, or $6.43 per share from the 52-week low of $6.76 set on Oct. 15, 2014.

The stock closed at $12.75 at the end of Friday’s trading session, printing a solid one-year return of about 37% and year-to-date return of around 26%. ONN is trading at a high volume Monday with more than 4 million shares already changing hands. The average volume of shares traded over the last three months is 6.9 million.

Microchip Technology Inc. (MCHP) shares reached a new 52-week high of $52.44 Monday, surpassing their previous high of $51.51 set on Feb. 13, 2015. That’s a 42% rise, or $15.52 per share from the 52-week low of $36.92 set on Oct. 16, 2014.

On valuation measures, Microchip’s trailing-twelve-month profit margin is 18.17%. The name has a PEG and forward P/E ratio of 1.50 and 17.45, respectively. Price/sales for the same period is 4.92 while EPS is $1.71. MCHP is currently priced at 30.46x this year’s forecasted earnings compared to the industry’s 1.39x earnings multiple.

In today’s session, the equity is currently 1.50% higher, changing hands at $51.96.

The chart below shows where the stock has traded over the last year.

Texas Instruments Inc. (TXN) shares hit a new 52-week high of $59.99 on Monday, surpassing their previous high of $59.49 set on Feb. 27, 2015. More than 1.57 million shares of the stock had changed hands by 8:36 p.m., compared to the daily average volume of 5.6 million.

TXN shares are currently priced at 23.29x this year’s forecasted earnings, compared to the industry’s 1.39x earnings multiple. The company’s current year and next year EPS growth estimates stand at 16.40% and 10.00% compared to the industry growth rates of 26.30% and 21.70%, respectively. TXN has a t-12 price/sales ratio of 4.72. EPS for the same period registers at 2.57.

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