Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Adeia (ADEA)
NASDAQ:ADEA
Adeia (ADEA) Stock Price & Analysis
538 Followers
ADEA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.98 - $13.33
Previous Close$9.73
Volume483.11K
Average Volume (3M)539.93K
Market Cap
$1.06B
Enterprise Value$1.57B
Total Cash (Recent Filing)$83.57M
Total Debt (Recent Filing)$595.42M
Price to Earnings (P/E)16.3
Beta0.79
Next Earnings
May 06, 2024EPS Estimate
$0.21Last Dividend Ex-Date
Mar 11, 2024Dividend Yield2.02%
Share Statistics
EPS (TTM)0.59
Shares Outstanding107,424,894
10 Day Avg. Volume397,893
30 Day Avg. Volume539,933
Standard Deviation0.16
R-Squared0.19
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-3.49
Price to Sales (P/S)2.38
Price to Cash Flow (P/CF)6.70
P/FCF Ratio4.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.03
Enterprise Value/Gross Profit4.03
Enterprise Value/Ebitda8.13
Forecast
1Y Price Target
$15.00Price Target Upside50.91% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Adeia News
Bulls Say, Bears Say
Bulls Say
Debt ManagementAdeia has demonstrated financial prudence by reducing its debt balance, ending the year with $585.7 million in debt and announcing a further $30 million pay down.
Financial PerformanceAdeia's profitability profile is among the best in public markets with solid growth potential in both media and semiconductor IP.
ValuationAdeia shares are undervalued trading at 8x NTM earnings with approximately 5% 5-year CAGR and an operating margin above 60%.
Bears Say
Earnings ReportADEA reported 4Q23 results with revenue slightly below expectations.
Financial Guidance2024 guidance for adjusted EBITDA well below the analyst's estimate due to deliberate investments in SG&A and R&D.
Product DevelopmentADEA has yet to announce new over the top (OTT) service provider licenses that would garner broad investor attention.
---
Ownership Overview
7.40% Insiders
32.82% Mutual Funds
34.94% Other Institutional Investors
24.84% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
ADEA FAQ
What was Adeia’s price range in the past 12 months?
Adeia lowest stock price was $6.98 and its highest was $13.33 in the past 12 months.
What is Adeia’s market cap?
Currently, no data Available
When is Adeia’s upcoming earnings report date?
Adeia’s upcoming earnings report date is May 06, 2024 which is in 16 days.
How were Adeia’s earnings last quarter?
Adeia released its earnings results on Feb 20, 2024. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.252 by $0.018.
Is Adeia overvalued?
According to Wall Street analysts Adeia’s price is currently Undervalued.
Does Adeia pay dividends?
Adeia pays a Quarterly dividend of $0.05 which represents an annual dividend yield of 2.02%. See more information on Adeia dividends here
What is Adeia’s EPS estimate?
Adeia’s EPS estimate is $0.21.
How many shares outstanding does Adeia have?
Adeia has 108,452,820 shares outstanding.
What happened to Adeia’s price movement after its last earnings report?
Adeia reported an EPS of $0.27 in its last earnings report, beating expectations of $0.252. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Adeia?
Among the largest hedge funds holding Adeia’s share is Harvey Partners LLC. It holds Adeia’s shares valued at 42M.
---
Adeia Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$15.00 (50.91% Upside)
$15.00 (50.91% Upside)
Blogger Sentiment
Bullish
ADEA Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 196.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.49%
12-Months-Change
Fundamentals
Return on Equity
20.48%
Trailing 12-Months
Asset Growth
-8.67%
Trailing 12-Months
Company Description
Adeia
Xperi Corp. engages in creating, developing and licensing audio, imaging, semiconductor packaging and interconnect technologies. It operates through the following two segments: Product Licensing and Semiconductor & IP Licensing. The Product Licensing segment comprises of audio and imaging businesses, which licenses through the DTS, FotoNation, HD Radio, and IMAX Enhanced brands. The Semiconductor & IP Licensing segment licenses semiconductor packaging and interconnects technologies and associated intellectual property. The company was founded in 1990 and is headquartered in San Jose, CA.
---
ADEA Company Deck
---
ADEA Earnings Call
Q4 2024
0:00 / 0:00
---
ADEA Stock 12 Months Forecast
Average Price Target
$15.00
▲(50.91% Upside)
Technical Analysis
Best Analysts Covering ADEA
1 Year
1 Year Success Rate
10/13 ratings generated profit
1 Year Average Return
+23.24%
reiterated a buy rating yesterday
Copying Hamed Khorsand's trades and holding each position for 1 Year would result in 76.92% of your transactions generating a profit, with an average return of +23.24% per trade.
---