Xperi (NASDAQ:XPER) updated its fourth quarter earnings guidance on Monday. The company provided EPS guidance of $0.60-0.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.34. The company issued revenue guidance of $115-125 million, compared to the consensus revenue estimate of $99.00 million.

Several equities research analysts have commented on the company. Zacks Investment Research upgraded Xperi from a strong sell rating to a hold rating in a research note on Thursday, September 28th. Bank of America lowered Xperi from a buy rating to a neutral rating in a research note on Friday, November 3rd. Finally, BidaskClub upgraded Xperi from a sell rating to a hold rating in a research note on Thursday, December 7th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Xperi currently has an average rating of Hold and a consensus target price of $53.00.

Shares of Xperi (NASDAQ XPER) opened at $27.60 on Wednesday. The company has a market capitalization of $1,160.00, a PE ratio of 33.24 and a beta of 0.73. The company has a debt-to-equity ratio of 1.32, a quick ratio of 3.15 and a current ratio of 3.15. Xperi has a 12 month low of $16.70 and a 12 month high of $45.95.

Xperi (NASDAQ:XPER) last announced its quarterly earnings results on Thursday, November 2nd. The semiconductor company reported $0.30 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.06). Xperi had a positive return on equity of 8.10% and a negative net margin of 22.54%. The firm had revenue of $88.50 million for the quarter, compared to analyst estimates of $94.20 million. The business’s revenue was up 41.8% compared to the same quarter last year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 13th. Stockholders of record on Wednesday, November 22nd were paid a $0.20 dividend. The ex-dividend date was Tuesday, November 21st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.90%. Xperi’s dividend payout ratio (DPR) is currently -55.17%.

In related news, Director Richard Hill bought 10,000 shares of the stock in a transaction dated Friday, December 1st. The stock was acquired at an average price of $18.75 per share, for a total transaction of $187,500.00. Following the completion of the purchase, the director now owns 60,854 shares in the company, valued at $1,141,012.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Robert J. Andersen bought 2,000 shares of the stock in a transaction dated Monday, November 6th. The stock was bought at an average price of $17.75 per share, with a total value of $35,500.00. The disclosure for this purchase can be found here. In the last quarter, insiders bought 21,388 shares of company stock valued at $400,127. Insiders own 2.40% of the company’s stock.

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About Xperi

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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