Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Xperi (NASDAQ:XPER) Share Price
Media headlines about Xperi (NASDAQ:XPER) have been trending somewhat positive on Sunday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Xperi earned a news impact score of 0.20 on Accern’s scale. Accern also assigned news stories about the semiconductor company an impact score of 46.5295524330253 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Xperi (XPER) opened at 25.65 on Friday. The company has a 50-day moving average of $30.07 and a 200 day moving average of $34.15. Xperi has a 12-month low of $24.95 and a 12-month high of $45.95.
Xperi (NASDAQ:XPER) last posted its quarterly earnings results on Thursday, July 27th. The semiconductor company reported $0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.07. The business had revenue of $91.32 million during the quarter, compared to analyst estimates of $90.33 million. Xperi had a negative net margin of 12.22% and a positive return on equity of 11.06%. The company’s revenue was up 36.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.60 earnings per share. On average, analysts predict that Xperi will post $1.56 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Friday, August 18th will be given a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.12%. Xperi’s payout ratio is currently -111.11%.
Several research firms recently commented on XPER. Zacks Investment Research downgraded shares of Xperi from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 1st. TheStreet downgraded shares of Xperi from a “b-” rating to a “c” rating in a report on Monday, May 8th.
Xperi Company Profile
Tessera Holding Corporation is a product and technology licensing company. The Company’s technologies and intellectual property are deployed, in areas, such as audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, three dimensional (3D) semiconductor interconnect and packaging.
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