Interdigital Stock Analysis
IDCC Stock | USD 99.66 0.73 0.74% |
InterDigital is undervalued with Real Value of 106.68 and Target Price of 110.5. The main objective of InterDigital stock analysis is to determine its intrinsic value, which is an estimate of what InterDigital is worth, separate from its market price. There are two main types of InterDigital's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect InterDigital's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of InterDigital's stock to identify patterns and trends that may indicate its future price movements.
The InterDigital stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. InterDigital is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. InterDigital Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and InterDigital's ongoing operational relationships across important fundamental and technical indicators.
InterDigital |
InterDigital Stock Analysis Notes
About 99.0% of the company shares are owned by institutional investors. The book value of InterDigital was currently reported as 22.74. The company has Price/Earnings To Growth (PEG) ratio of 0.8. InterDigital recorded earning per share (EPS) of 7.62. The entity last dividend was issued on the 9th of April 2024. 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. Interdigital operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 510 people. To learn more about InterDigital call Lawrence Chen at 302 281 3600 or check out https://www.interdigital.com.InterDigital Quarterly Total Revenue |
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InterDigital Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. InterDigital's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding InterDigital or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
InterDigital generated a negative expected return over the last 90 days | |
InterDigital is unlikely to experience financial distress in the next 2 years | |
InterDigital has a strong financial position based on the latest SEC filings | |
Over 99.0% of the company shares are owned by institutional investors | |
On 24th of April 2024 InterDigital paid $ 0.4 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: Is It Time To Consider Buying InterDigital, Inc. |
InterDigital Upcoming and Recent Events
Earnings reports are used by InterDigital to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to InterDigital previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
15th of February 2024 Upcoming Quarterly Report | View | |
2nd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
15th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
InterDigital Largest EPS Surprises
Earnings surprises can significantly impact InterDigital's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2007-08-08 | 2007-06-30 | -0.1 | -0.09 | 0.01 | 10 | ||
2004-08-09 | 2004-06-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2002-11-12 | 2002-09-30 | -0.1 | -0.11 | -0.01 | 10 |
InterDigital Thematic Classifications
In addition to having InterDigital stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Tech GrowthLarge and mid-sized technology companies, funds, and technology-based ETFs that are considered growing |
InterDigital Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as InterDigital is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading InterDigital backward and forwards among themselves. InterDigital's institutional investor refers to the entity that pools money to purchase InterDigital's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
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 Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.52 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 Profitablity
InterDigital's profitability indicators refer to fundamental financial ratios that showcase InterDigital's ability to generate income relative to its revenue or operating costs. If, let's say, InterDigital is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, InterDigital's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of InterDigital's profitability requires more research than a typical breakdown of InterDigital's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.39 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.31 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.31. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.15 | 0.16 | |
Return On Capital Employed | 0.25 | 0.26 | |
Return On Assets | 0.12 | 0.13 | |
Return On Equity | 0.37 | 0.39 |
Management Efficiency
InterDigital has return on total asset (ROA) of 0.078 % which means that it generated a profit of $0.078 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3217 %, meaning that it created $0.3217 on every $100 dollars invested by stockholders. InterDigital's management efficiency ratios could be used to measure how well InterDigital manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.16. The current year's Return On Capital Employed is expected to grow to 0.26. At present, InterDigital's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 83.6 M, whereas Other Current Assets are forecasted to decline to about 8.5 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 21.65 | 22.73 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 9.16 | 9.62 | |
Enterprise Value Over EBITDA | 8.69 | 14.02 | |
Price Book Value Ratio | 5.01 | 4.76 | |
Enterprise Value Multiple | 8.69 | 14.02 | |
Price Fair Value | 5.01 | 4.76 | |
Enterprise Value | 1.5 B | 1.5 B |
The analysis of InterDigital's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze InterDigital's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of InterDigital Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0162 | Forward Dividend Yield 0.0162 | Forward Dividend Rate 1.6 | Beta 1.335 |
Technical Drivers
As of the 25th of April, InterDigital retains the Standard Deviation of 2.07, market risk adjusted performance of (0.05), and Risk Adjusted Performance of (0.02). InterDigital technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down thirteen technical drivers for InterDigital, which can be compared to its competitors. Please check out InterDigital information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if InterDigital is priced fairly, providing market reflects its last-minute price of 99.66 per share. Given that InterDigital has information ratio of (0.09), we strongly advise you to confirm InterDigital's regular market performance to make sure the company can sustain itself at a future point.InterDigital Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. InterDigital middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for InterDigital. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
InterDigital Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific InterDigital insiders, such as employees or executives, is commonly permitted as long as it does not rely on InterDigital's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases InterDigital insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Eeva Hakoranta over three weeks ago Disposition of tradable shares by Eeva Hakoranta of InterDigital at 106.46 subject to Rule 16b-3 | ||
Sprecher Steven Wayne over six months ago Sale by Sprecher Steven Wayne of 1781 shares of InterDigital |
InterDigital Predictive Daily Indicators
InterDigital intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of InterDigital stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
InterDigital Corporate Filings
23rd of April 2024 Other Reports | ViewVerify | |
F4 | 17th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 9th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 5th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 2nd of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 25th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 19th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 6th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
InterDigital Forecast Models
InterDigital's time-series forecasting models are one of many InterDigital's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary InterDigital's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About InterDigital Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how InterDigital prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling InterDigital shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as InterDigital. By using and applying InterDigital Stock analysis, traders can create a robust methodology for identifying InterDigital entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.43 | 0.45 | |
Operating Profit Margin | 0.40 | 0.42 | |
Net Profit Margin | 0.39 | 0.41 | |
Gross Profit Margin | 0.86 | 0.90 |
Current InterDigital Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. InterDigital analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. InterDigital analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
110.5 | Strong Buy | 6 | Odds |
Most InterDigital analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand InterDigital stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of InterDigital, talking to its executives and customers, or listening to InterDigital conference calls.
InterDigital Stock Analysis Indicators
InterDigital stock analysis indicators help investors evaluate how InterDigital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading InterDigital shares will generate the highest return on investment. By understating and applying InterDigital stock analysis, traders can identify InterDigital position entry and exit signals to maximize returns.
Begin Period Cash Flow | 703.2 M | |
Long Term Debt | 29 M | |
Common Stock Shares Outstanding | 28.1 M | |
Total Stockholder Equity | 581.5 M | |
Tax Provision | 23.6 M | |
Quarterly Earnings Growth Y O Y | 0.318 | |
Property Plant And Equipment Net | 27.3 M | |
Cash And Short Term Investments | 1 B | |
Cash | 437.1 M | |
Accounts Payable | 7.8 M | |
Net Debt | 188.1 M | |
50 Day M A | 103.1578 | |
Total Current Liabilities | 881.1 M | |
Other Operating Expenses | 328 M | |
Non Current Assets Total | 603.2 M | |
Forward Price Earnings | 11.9904 | |
Non Currrent Assets Other | 79.6 M | |
Stock Based Compensation | 35.7 M |
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.
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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.