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Adeia (ADEA)
NASDAQ:ADEA
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ADEA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.11 - $13.39
Previous Close$12.25
Volume93.25K
Average Volume (3M)485.89K
Market Cap
$1.37B
Enterprise Value$1.78B
Total Cash (Recent Filing)$94.45M
Total Debt (Recent Filing)$545.02M
Price to Earnings (P/E)29.9
Beta0.96
Next Earnings
Nov 06, 2024EPS Estimate
$0.4Last Dividend Ex-Date
Aug 27, 2024Dividend Yield1.63%
Share Statistics
EPS (TTM)0.41
Shares Outstanding108,902,611
10 Day Avg. Volume325,678
30 Day Avg. Volume485,888
Standard Deviation0.15
R-Squared0.22
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)3.71
Price to Sales (P/S)3.72
Price to Cash Flow (P/CF)14.20
P/FCF Ratio10.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.97
Enterprise Value/Gross Profit4.59
Enterprise Value/Ebitda11.32
Forecast
1Y Price Target
$15.00Price Target Upside19.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Adeia News
Bulls Say, Bears Say
Bulls Say
Financial HealthADEA's annual free cash flow of approximately $150 million is becoming more significant as the debt balance visibly decreases.
License RenewalsADEA signed several renewals with current licensees, showcasing the value of their portfolio of over 11,500 patents.
Revenue PerformanceADEA reported second quarter revenue of $87.4 million, surpassing estimates and showing a 5% year-over-year increase.
Bears Say
Interest RatesShares have yet to react positively to interest rates declining and the refinancing the Company achieved a month ago.
Renewal AnnouncementsADEA has announced several renewals, including Liberty Global (LBTYA), since the beginning of May 2024, yet the stock has not moved higher.
Stock PerformanceIt has been the summer of renewals at Adeia (ADEA) leading to a directionless stock since the Company reported first quarter results.
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Ownership Overview
7.84% Insiders
33.71% Mutual Funds
53.06% Other Institutional Investors
5.38% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ADEA FAQ
What was Adeia’s price range in the past 12 months?
Adeia lowest stock price was $8.11 and its highest was $13.39 in the past 12 months.
What is Adeia’s market cap?
Currently, no data Available
When is Adeia’s upcoming earnings report date?
Adeia’s upcoming earnings report date is Nov 06, 2024 which is in 47 days.
How were Adeia’s earnings last quarter?
Adeia released its earnings results on Aug 06, 2024. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.05.
Is Adeia overvalued?
According to Wall Street analysts Adeia’s price is currently Undervalued.
Does Adeia pay dividends?
Adeia pays a Quarterly dividend of $0.05 which represents an annual dividend yield of 1.63%. See more information on Adeia dividends here
What is Adeia’s EPS estimate?
Adeia’s EPS estimate is $0.4.
How many shares outstanding does Adeia have?
Adeia has 108,902,610 shares outstanding.
What happened to Adeia’s price movement after its last earnings report?
Adeia reported an EPS of $0.28 in its last earnings report, beating expectations of $0.23. Following the earnings report the stock price went up 6.865%.
Which hedge fund is a major shareholder of Adeia?
Among the largest hedge funds holding Adeia’s share is Harvey Partners LLC. It holds Adeia’s shares valued at 32M.
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Adeia Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$15.00 (19.14% Upside)
$15.00 (19.14% Upside)
Blogger Sentiment
Bullish
ADEA Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 355.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.71%
12-Months-Change
Fundamentals
Return on Equity
13.55%
Trailing 12-Months
Asset Growth
-4.80%
Trailing 12-Months
Company Description
Adeia
Xperi Corp. engages in creating, developing and licensing audio, imaging, semiconductor packaging and interconnect technologies. It operates through the following two segments: Product Licensing and Semiconductor & IP Licensing. The Product Licensing segment comprises of audio and imaging businesses, which licenses through the DTS, FotoNation, HD Radio, and IMAX Enhanced brands. The Semiconductor & IP Licensing segment licenses semiconductor packaging and interconnects technologies and associated intellectual property. The company was founded in 1990 and is headquartered in San Jose, CA.
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ADEA Company Deck
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ADEA Earnings Call
Q2 2024
0:00 / 0:00
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ADEA Stock 12 Month Forecast
Average Price Target
$15.00
▲(19.14% Upside)
Technical Analysis
Best Analysts Covering ADEA
1 Year
1 Year Success Rate
17/17 ratings generated profit
1 Year Average Return
+29.14%
reiterated a buy rating last month
Copying Hamed Khorsand's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +29.14% per trade.
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