STMicroelectronics "We lower 2013 EPS by 33% to reflect softer than expected Q1 results and an underwhelming strategic review of ST-Ericsson," Deutsche Bank analysts wrote in an April 27 report. "Despite solid STM core/exwireless momentum through 2012, we view break-even prospects for the wireless JV as low. Adding further cash burn & likely increasing funding requirements for ST-Ericsson, we maintain Hold." Shares of STMicroelectronics hit a 52-week low of $5.20 on Tuesday. The stock's 52-week high of $11.87 was set on May 10. STMicroelectronics' forward P/E on 10.1; the average for semiconductor companies is 11.87. Four of the eight analysts who cover STMicroelectronics rated it buy. Three analysts gave the stock a hold rating and one rated it sell. The stock has fallen 11.3% year to date.