Analysts expect sales decline Melexis, quite high dividend

Tomorrow the Belgian Melexis will report its past quarters results. For this year Melexis's revenue will be around 500,66 million euros. This is according to the average of the analysts' estimates. This is hugely lower than 2018's revenue of 569,37 million euros.

Historical revenues and results Melexis plus estimates 2019

The analysts expect for 2019 a net profit of 73 million euros. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 1,75 euros. So the price/earnings-ratio equals 36,2.

Huge dividend Melexis

For this year most of the analysts expect a dividend of 1,94 euros per share. The dividend yield is then 3,06 percent. The average dividend yield of the electronics companies equals an attractive 9 percent.

Most recent target prices around 66 euros

KBC Securities, Kepler Capital Markets and ING recently provided recommendations for the stock.

Melexis's market capitalization is based on the number of outstanding shares around 2,54 billion euros. The Melexis stock was the past 12 months quite unstable. Since last July the stock is 19 percent lower. This year the stock price moved between 45 and 82 euro.

At 13.49 the stock trades 2,84 percent lower at 63,35 euros.

Price data Melexis 2007-2019

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