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Adeia (ADEA)
NASDAQ:ADEA
Adeia (ADEA) Stock Price & Analysis
549 Followers
ADEA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.00 - $13.27
Previous Close$11.85
Volume476.47K
Average Volume (3M)472.65K
Market Cap
$1.29B
Enterprise Value$1.80B
Total Cash (Recent Filing)$83.57M
Total Debt (Recent Filing)$595.42M
Price to Earnings (P/E)34.1
Beta0.80
Next Earnings
Aug 06, 2024EPS Estimate
$0.23Last Dividend Ex-Date
May 24, 2024Dividend Yield1.68%
Share Statistics
EPS (TTM)0.35
Shares Outstanding108,507,448
10 Day Avg. Volume609,196
30 Day Avg. Volume472,647
Standard Deviation0.16
R-Squared0.23
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-3.95
Price to Sales (P/S)3.09
Price to Cash Flow (P/CF)7.60
P/FCF Ratio5.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.62
Enterprise Value/Gross Profit4.62
Enterprise Value/Ebitda9.32
Forecast
1Y Price Target
$15.00Price Target Upside26.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Adeia News
PremiumPress Releases
Adeia Successfully Completes Debt RepricingBulls Say, Bears Say
Bulls Say
Debt ManagementAdeia (ADEA) signed ten license agreements and reduced debt by approximately $40 million in the first quarter.
Financial PerformanceRevenue of $83.4M was above our estimate.
Strategic PartnershipsAdeia (ADEA) announced it has licensed its intellectual property to Austrian service provider Magenta Telekom in what could be of bigger significance.
Bears Say
Customer Growth1Q24 Results Missed Expectations, but '24 Guidance Unchanged – Maintain Hold on Decelerating Customer Growth.
LicensingADEA has yet to announce a new major over the top (“OTT”) license aside from Paramount Global (PARA) renewing.
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
7.90% Insiders
33.67% Mutual Funds
32.81% Other Institutional Investors
25.61% 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 $8.00 and its highest was $13.27 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 Aug 06, 2024 which is in 19 days.
How were Adeia’s earnings last quarter?
Adeia released its earnings results on May 06, 2024. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.209 by $0.041.
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 1.68%. See more information on Adeia dividends here
What is Adeia’s EPS estimate?
Adeia’s EPS estimate is $0.23.
How many shares outstanding does Adeia have?
Adeia has 108,507,450 shares outstanding.
What happened to Adeia’s price movement after its last earnings report?
Adeia reported an EPS of $0.25 in its last earnings report, beating expectations of $0.209. Following the earnings report the stock price went up 10.352%.
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 35M.
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Adeia Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$15.00 (26.58% Upside)
$15.00 (26.58% Upside)
Blogger Sentiment
Bullish
ADEA Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 435.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.42%
12-Months-Change
Fundamentals
Return on Equity
11.67%
Trailing 12-Months
Asset Growth
-6.45%
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
Q1 2024
0:00 / 0:00
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ADEA Stock 12 Month Forecast
Average Price Target
$15.00
▲(26.58% Upside)
Technical Analysis
Best Analysts Covering ADEA
1 Year
1 Year Success Rate
16/16 ratings generated profit
1 Year Average Return
+29.11%
reiterated a buy rating 3 days ago
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