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.

Many analysts weighed in on price targets for IDCC. The maximum price target given was 100, which equates to a potential upside of 27.88 percent. The most pessimistic analyst gave a price target of 90, which equates to a potential downside of 15.09 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 5.65 percent. That number becomes 91.13 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 2.61 percent. If we look at the last 90 days instead, we find a net average change of 33.67 percent in FY estimates.

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, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

IDCC has an estimated earnings growth rate of -61.52 percent as forecasted by analysts. People on Wall Street often look at a company's 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. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. IDCC has a PEG ratio of -0.14.

IDCC has a 52-week high of 102.30 and a 52-week low of 58.19. The current market price is above the trailing year's low by 34.39 percent, 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.