Interdigital Stock Today
| IDCC Stock | USD 96.42 0.13 0.13% |
Performance0 of 100
| Odds Of DistressLess than 1
|
InterDigital is trading at 96.42 as of the 16th of April 2024, a -0.13 percent decrease since the beginning of the trading day. The stock's open price was 96.55. InterDigital has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for InterDigital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 26th of March 1990 | Category Technology | Classification Information Technology |
InterDigital, Inc., together with its subsidiaries, designs and develops technologies that enable and enhance wireless communications in the United States, China, South Korea, Japan, Taiwan, and Europe. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware. The company has 25.49 M outstanding shares of which 4.34 M shares are currently shorted by private and institutional investors with about 8.05 trading days to cover. More on InterDigital
Moving together with InterDigital Stock
| 0.65 | CAN | Canaan Inc Financial Report 24th of May 2024 | PairCorr |
Moving against InterDigital Stock
| 0.73 | DM | Desktop Metal Financial Report 8th of May 2024 | PairCorr |
| 0.64 | WDC | Western Digital Report 13th of May 2024 | PairCorr |
| 0.5 | NTAP | NetApp Inc Financial Report 29th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
InterDigital Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. InterDigital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding InterDigital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Lawrence Chen | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Tech Growth (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Communications Equipment, Technology Hardware & Equipment, Information Technology, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Tech Growth, Information Technology, Communications Equipment, Telecom Services, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering InterDigital report their recommendations after researching InterDigital's financial statements, talking to executives and customers, or listening in on InterDigital's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering InterDigital. The InterDigital consensus assessment is calculated by taking the average forecast from all of the analysts covering InterDigital. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of InterDigital's profitability, liquidity, and operating efficiency, InterDigital is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of InterDigital is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
InterDigital's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to InterDigital's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand InterDigital's financial leverage. It provides some insight into what part of InterDigital's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
InterDigital (IDCC) is traded on NASDAQ Exchange in USA. It is located in 200 Bellevue Parkway, Wilmington, DE, United States, 19809-3727 and employs 450 people. InterDigital is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.46 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate InterDigital's market, we take the total number of its shares issued and multiply it by InterDigital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. InterDigital conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 25.49 M outstanding shares of which 4.34 M shares are currently shorted by private and institutional investors with about 8.05 trading days to cover.
InterDigital currently holds about 900.61 M in cash with 213.73 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 30.37.
Check InterDigital Probability Of Bankruptcy
Ownership AllocationInterDigital secures a total of 25.49 Million outstanding shares. The majority of InterDigital outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in InterDigital to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in InterDigital. Please pay attention to any change in the institutional holdings of InterDigital as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check InterDigital Ownership Details
InterDigital Stock Price Odds Analysis
What are InterDigital's target price odds to finish over the current price? Based on a normal probability distribution, the odds of InterDigital jumping above the current price in 90 days from now is over 95.97%. The InterDigital probability density function shows the probability of InterDigital stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4403. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, InterDigital will likely underperform. Additionally, interDigital has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of InterDigital to move above the current price in 90 days from now is over 95.97 (This InterDigital probability density function shows the probability of InterDigital Stock to fall within a particular range of prices over 90 days) .
InterDigital Stock Institutional Holders
Institutional Holdings refers to the ownership stake in InterDigital that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of InterDigital's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing InterDigital's value.| Instituion | Recorded On | Shares | |
| Shannon River Fund Management Llc | 2023-12-31 | 472.8 K | |
| Fuller & Thaler Asset Management Inc | 2023-12-31 | 471.1 K | |
| American Century Companies Inc | 2023-12-31 | 432.5 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 404.7 K | |
| Robeco Institutional Asset Management Bv | 2023-12-31 | 359 K | |
| Neumeier Investment Counsel Llc | 2023-12-31 | 337.1 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 329.5 K | |
| Bank Of Montreal | 2023-12-31 | 320.1 K | |
| Bmo Capital Markets Corp. | 2023-12-31 | 320.1 K | |
| Blackrock Inc | 2023-12-31 | 4.4 M | |
| Vanguard Group Inc | 2023-12-31 | 3.2 M |
InterDigital Historical Income Statement
InterDigital Income Statement is one of the three primary financial statements used for reporting InterDigital's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of InterDigital revenue and expense. InterDigital Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, InterDigital's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 577.1 M, whereas Cost Of Revenue is forecasted to decline to about 69.9 M. View More FundamentalsInterDigital Stock Against Markets
Picking the right benchmark for InterDigital stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in InterDigital stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for InterDigital is critical whether you are bullish or bearish towards InterDigital at a given time. Please also check how InterDigital's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in InterDigital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Price Transformation Now
Price TransformationUse Price Transformation models to analyze the depth of different equity instruments across global markets |
| All Next | Launch Module |
InterDigital Corporate Directors
InterDigital corporate directors refer to members of an InterDigital board of directors. The board of directors generally takes responsibility for the InterDigital's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of InterDigital's board members must vote for the resolution. The InterDigital board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Robert Roath | Independent Director | Profile | |
| Jean Rankin | Independent Director | Profile | |
| John Kritzmacher | Independent Director | Profile | |
| Douglas Hutcheson | Independent Director | Profile |
How to buy InterDigital Stock?
Before investing in InterDigital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in InterDigital. To buy InterDigital stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of InterDigital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase InterDigital stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located InterDigital stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased InterDigital stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as InterDigital, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy InterDigital Stock please use our How to Invest in InterDigital guide.
Already Invested in InterDigital?
The danger of trading InterDigital is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of InterDigital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than InterDigital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile InterDigital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether InterDigital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of InterDigital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Interdigital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Interdigital Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterDigital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade InterDigital Stock refer to our How to Trade InterDigital Stock guide.Note that the InterDigital information on this page should be used as a complementary analysis to other InterDigital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for InterDigital Stock analysis
When running InterDigital's price analysis, check to measure InterDigital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy InterDigital is operating at the current time. Most of InterDigital's value examination focuses on studying past and present price action to predict the probability of InterDigital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InterDigital's price. Additionally, you may evaluate how the addition of InterDigital to your portfolios can decrease your overall portfolio volatility.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |
Is InterDigital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of InterDigital. If investors know InterDigital will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about InterDigital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.318 | Dividend Share 1.5 | Earnings Share 7.62 | Revenue Per Share 20.461 | Quarterly Revenue Growth (0.1) |
The market value of InterDigital is measured differently than its book value, which is the value of InterDigital that is recorded on the company's balance sheet. Investors also form their own opinion of InterDigital's value that differs from its market value or its book value, called intrinsic value, which is InterDigital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because InterDigital's market value can be influenced by many factors that don't directly affect InterDigital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between InterDigital's value and its price as these two are different measures arrived at by different means. Investors typically determine if InterDigital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InterDigital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.