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.

IDCC was given price targets by several analysts. The maximum price target given was 100, implying potential capital gains of 27.88 percent. The minimum price target given was 90, implying a possible loss of 15.09 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 5.65 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 91.13 percent. Meanwhile, fiscal year estimates have been revised upwards by 2.61 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 33.67 percent.

People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, 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 decreased their estimates.

The growth rate of IDCC's earnings is estimated by analysts to be -61.52 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers 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. Today's price is 34.39 percent above the 52-week low, and 23.56 percent below the 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.