Xperi (XPER) Issues Q4 Earnings Guidance
Xperi (NASDAQ:XPER) updated its fourth quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.64. The company issued revenue guidance of $126 M million, compared to the consensus revenue estimate of $119.43 million.
A number of equities analysts have recently commented on XPER shares. Zacks Investment Research raised Xperi from a strong sell rating to a hold rating in a research report on Thursday, September 28th. BidaskClub downgraded Xperi from a hold rating to a sell rating in a research report on Thursday, January 11th. Finally, Bank of America downgraded Xperi from a buy rating to a neutral rating in a research report on Friday, November 3rd.
Xperi (NASDAQ XPER) opened at $24.50 on Thursday. Xperi has a 52-week low of $16.70 and a 52-week high of $45.90. The company has a market capitalization of $1,126.83, a PE ratio of -17.01 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.
In other Xperi news, Director Richard Hill purchased 10,000 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average cost of $18.75 per share, with a total value of $187,500.00. Following the completion of the acquisition, the director now directly owns 60,854 shares of the company’s stock, valued at approximately $1,141,012.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jon Kirchner purchased 5,000 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was acquired at an average cost of $18.75 per share, with a total value of $93,750.00. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 21,388 shares of company stock valued at $400,127. Corporate insiders own 2.40% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “Xperi (XPER) Issues Q4 Earnings Guidance” was first reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://theolympiareport.com/2018/01/25/xperi-xper-issues-q4-earnings-guidance.html.
Xperi Company Profile
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.
Receive News & Ratings for Xperi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xperi and related companies with MarketBeat.com's FREE daily email newsletter.