Analyst Ratings for InterDigital Inc. (IDCC)

Updated: 2017-07-27

InterDigital Inc. (NASDAQ:IDCC) was awarded an average rating of Hold from investment analysts following the stock. Last month, IDCC received an average rating of Hold.

A buy rating was issued by 1 analysts, 0 gave an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for IDCC. The maximum price target given was 100, which equates to a potential upside of 27.88 percent. The minimum price target given was 90, implying a possible loss of 15.09 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 5.65 percent. The average change in earnings estimates over the last 90 days is 91.13 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 2.61 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 33.67 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

IDCC has an estimated earnings growth rate of -61.52 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. IDCC has a PEG ratio of -0.14.

IDCC has traded between a high of 102.30 and a low of 58.19 over the past year. Today's price is 34.39 percent above the 52-week low, and 23.56 percent lower than its 52-week high. IDCC has a P/E ratio of 8.78. Investors typically compare the P/E ratio to a company's peers in the industry. The IDCC value stock report compares IDCC to some of its peers using value stock charts. The stock has a market capitalization of $2.77 billion. IDCC's next earnings release will be on 0000-00-00, which is days away.