Xperi (NASDAQ:XPER) posted its earnings results on Wednesday. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.15), Morningstar.com reports. The business had revenue of $100.59 million for the quarter, compared to analyst estimates of $98.50 million. Xperi had a negative return on equity of 2.09% and a negative net margin of 19.66%.

NASDAQ XPER traded up $0.97 on Thursday, reaching $14.50. The company had a trading volume of 557,411 shares, compared to its average volume of 410,194. The stock has a market cap of $676.56 million, a PE ratio of 10.58 and a beta of 0.67. Xperi has a 1 year low of $12.08 and a 1 year high of $28.33. The company has a quick ratio of 7.92, a current ratio of 7.92 and a debt-to-equity ratio of 0.84.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 19th. Shareholders of record on Wednesday, November 28th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date of this dividend is Tuesday, November 27th. Xperi’s dividend payout ratio is presently 58.39%.

A number of research firms recently issued reports on XPER. BidaskClub raised shares of Xperi from a “sell” rating to a “hold” rating in a research report on Wednesday, July 11th. Craig Hallum set a $25.00 target price on shares of Xperi and gave the stock a “buy” rating in a research report on Thursday, August 9th. B. Riley began coverage on shares of Xperi in a research report on Thursday, July 19th. They set a “buy” rating and a $26.00 target price for the company. Royal Bank of Canada reissued a “buy” rating and set a $22.00 target price on shares of Xperi in a research report on Thursday, August 9th. Finally, ValuEngine raised shares of Xperi from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 8th. Two research analysts have rated the stock with a sell rating and five have given a buy rating to the company’s stock. Xperi has a consensus rating of “Hold” and an average target price of $27.80.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XPER. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Xperi in the 2nd quarter worth approximately $167,000. Robeco Institutional Asset Management B.V. purchased a new position in Xperi in the 3rd quarter worth approximately $174,000. Xact Kapitalforvaltning AB purchased a new position in Xperi in the 3rd quarter worth approximately $178,000. BlueMountain Capital Management LLC boosted its holdings in Xperi by 70.3% in the 2nd quarter. BlueMountain Capital Management LLC now owns 15,131 shares of the semiconductor company’s stock worth $244,000 after acquiring an additional 6,244 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in Xperi by 102.3% in the 3rd quarter. SG Americas Securities LLC now owns 17,846 shares of the semiconductor company’s stock worth $265,000 after acquiring an additional 9,023 shares during the period. Hedge funds and other institutional investors own 99.53% of the company’s stock.

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Xperi Company Profile

Xperi Corporation, through its subsidiaries, creates, develops, and licenses audio, imaging, semiconductor packaging, and interconnect technologies in the United States, South Korea, Taiwan, Japan, and internationally. The company operates in two segments, Product Licensing; and Semiconductor and IP Licensing.

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Earnings History for Xperi (NASDAQ:XPER)

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