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InterDigital (IDCC)
NASDAQ:IDCC
InterDigital (IDCC) Stock Price & Analysis
534 Followers
IDCC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$74.06 - $119.36
Previous Close$109.4
Volume318.35K
Average Volume (3M)558.24K
Market Cap
$2.76B
Enterprise Value$2.36B
Total Cash (Recent Filing)$1.01B
Total Debt (Recent Filing)$607.77M
Price to Earnings (P/E)16.1
Beta0.93
Next Earnings
Aug 01, 2024EPS Estimate
$0.33Last Dividend Ex-Date
Apr 09, 2024Dividend Yield1.42%
Share Statistics
EPS (TTM)6.81
Shares Outstanding25,235,496
10 Day Avg. Volume555,819
30 Day Avg. Volume558,241
Standard Deviation0.12
R-Squared0.37
Alpha0.00116
Financial Highlights & Ratios
Price to Book (P/B)10.21
Price to Sales (P/S)5.02
Price to Cash Flow (P/CF)-29.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.30
Enterprise Value/Gross Profit2.87
Enterprise Value/Ebitda6.98
Forecast
1Y Price Target
$110.67Price Target Upside1.16% Upside
Rating ConsensusHold
Number of Analyst Covering3
InterDigital News
Bulls Say, Bears Say
Bulls Say
Financial GrowthInterDigital's year-over-year revenue growth of 20% and a significant increase in earnings per share indicate strong financial performance.
New PartnershipsSolid growth in recent quarters was driven by new licensing agreements with Lenovo, Panasonic, and others.
Stock ValuationAnalyst reiterates a Buy rating and raises the price objective to 140 USD, reflecting confidence in InterDigital's medium-term outlook and licensing agreement benefits.
Bears Say
Growth ConcernsAnalyst flags risks to the 2024 estimates and forecasts negative growth rates in 2025.
Revenue QualityExcluding the contribution of one-time, non-recurring revenues, topline only grew 1% YoY.
Segment PerformanceThe timing of realizing catch-up revenues is highly unpredictable and the core smartphone segment growth is almost non-existent.
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Ownership Overview
7.28% Insiders
27.56% Mutual Funds
57.01% Other Institutional Investors
8.15% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IDCC FAQ
What was InterDigital’s price range in the past 12 months?
InterDigital lowest stock price was $74.06 and its highest was $119.36 in the past 12 months.
What is InterDigital’s market cap?
Currently, no data Available
When is InterDigital’s upcoming earnings report date?
InterDigital’s upcoming earnings report date is Aug 01, 2024 which is in 75 days.
How were InterDigital’s earnings last quarter?
InterDigital released its earnings results on May 02, 2024. The company reported $2.88 earnings per share for the quarter, beating the consensus estimate of $2.742 by $0.138.
Is InterDigital overvalued?
According to Wall Street analysts InterDigital’s price is currently Undervalued.
Does InterDigital pay dividends?
InterDigital pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 1.42%. See more information on InterDigital dividends here
What is InterDigital’s EPS estimate?
InterDigital’s EPS estimate is $0.33.
How many shares outstanding does InterDigital have?
InterDigital has 25,235,497 shares outstanding.
What happened to InterDigital’s price movement after its last earnings report?
InterDigital reported an EPS of $2.88 in its last earnings report, beating expectations of $2.742. Following the earnings report the stock price went up 5.066%.
Which hedge fund is a major shareholder of InterDigital?
Among the largest hedge funds holding InterDigital’s share is Neumeier Poma Investment Counsel LLC. It holds InterDigital’s shares valued at 37M.
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InterDigital Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$110.67 (1.16% Upside)
$110.67 (1.16% Upside)
Blogger Sentiment
Bullish
IDCC Sentiment 88%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 39.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 4.9%
Last 30 Days ▼ 4.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.60%
12-Months-Change
Fundamentals
Return on Equity
30.62%
Trailing 12-Months
Asset Growth
3.34%
Trailing 12-Months
Company Description
InterDigital
InterDigital, Inc. engages in the design and development of technologies that enable and enhance wireless communications, and capabilities. It focuses on mobile technology and devices, which includes cellular wireless technology, Internet of Things, technology, video coding & transmission, sensor and sensor fusion technology. It also offers digital cellular and wireless products and networks, including 2G, 3G, 4G and IEEE 802-related products and networks. The company was founded by Seligsohn I. Sherwin in 1972 and is headquartered in Wilmington, DE.
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IDCC Earnings Call
Q1 2024
0:00 / 0:00
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IDCC Stock 12 Month Forecast
Average Price Target
$110.67
▲(1.16% Upside)
Technical Analysis
Best Analysts Covering IDCC
1 Year
1 Year Success Rate
7/9 ratings generated profit
1 Year Average Return
+11.63%
reiterated a buy rating 16 days ago
Copying Scott Searle's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +11.63% per trade.
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