Xperi (NYSE:XPER) Rating Increased to Buy at Wall Street Zen

Xperi (NYSE:XPER) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

XPER has been the topic of a number of other research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Xperi in a report on Monday, December 29th. Zacks Research downgraded Xperi from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Two research analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Xperi Trading Down 1.3%

Shares of Xperi stock opened at $6.15 on Friday. The company’s 50-day moving average price is $5.83 and its 200-day moving average price is $6.09. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 0.10. Xperi has a 12-month low of $5.07 and a 12-month high of $8.50. The company has a market cap of $288.87 million, a price-to-earnings ratio of -5.00 and a beta of 1.24.

About Xperi

Xperi Inc (NYSE: XPER) is a global technology company that develops and licenses audio, imaging and semiconductor packaging solutions. The company was formed in 2016 through the spin-off of Tessera Technologies’ product divisions and expanded its product portfolio in 2019 with the acquisition of TiVo Corporation. Headquartered in San Jose, California, Xperi’s technologies underpin a range of consumer electronics, automotive, mobile and broadcast products around the world.

In its technology licensing segment, Xperi offers a broad portfolio of semiconductor packaging and interconnect solutions designed to improve performance and energy efficiency in chips and devices.