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.
Several price targets were given for IDCC by the analysts covering the stock. The highest price target was 100, implying potential capital gains of 27.88 percent. The minimum price target given was 90, which equates to a potential downside of 15.09 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 5.65 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of IDCC's earnings is estimated by analysts to be -61.52 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of IDCC is -0.14.
IDCC has traded between a high of 102.30 and a low of 58.19 over the past year. The current market price is above the trailing year's low by 34.39 percent, and below the high by 23.56 percent. 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 market cap of IDCC is $2.77 billion. IDCC will post this quarters earnings in days, on 0000-00-00.