Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Tessera Holding Corporation (XPER) Stock Price
Media headlines about Tessera Holding Corporation (NASDAQ:XPER) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tessera Holding Corporation earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 46.3235490134026 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Tessera Holding Corporation (XPER) opened at 26.85 on Thursday. The stock has a 50 day moving average price of $28.53 and a 200 day moving average price of $32.75. Tessera Holding Corporation has a 1-year low of $24.90 and a 1-year high of $45.95.
Tessera Holding Corporation (NASDAQ:XPER) last issued its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.29 by $0.07. The firm had revenue of $91.32 million during the quarter, compared to the consensus estimate of $90.33 million. Tessera Holding Corporation had a negative net margin of 12.22% and a positive return on equity of 11.06%. The company’s quarterly revenue was up 36.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.60 earnings per share. On average, equities research analysts anticipate that Tessera Holding Corporation will post $1.56 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 18th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Wednesday, August 16th. Tessera Holding Corporation’s dividend payout ratio (DPR) is -111.11%.
XPER has been the subject of several research analyst reports. Zacks Investment Research downgraded Tessera Holding Corporation from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 1st. TheStreet downgraded Tessera Holding Corporation from a “b-” rating to a “c” rating in a research report on Monday, May 8th.
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Tessera Holding Corporation 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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