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 highest price target was 100, which equates to a potential upside of 27.88 percent. The minimum price target given was 90, which equates to a potential downside 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.

Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of IDCC's earnings is estimated by analysts to be -61.52 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of IDCC is -0.14.

In the last 52-weeks, IDCC has achieved a high of 102.30 and a low of 58.19. Today's price is 34.39 percent above the 52-week low, and 23.56 percent below the high. IDCC has a price/earnings 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.