Xperi (XPER) to Release Earnings on Wednesday

Xperi (NASDAQ:XPER) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Xperi to post earnings of $0.18 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Xperi (NASDAQ:XPER) last posted its quarterly earnings data on Monday, August 5th. The semiconductor company reported ($0.21) EPS for the quarter, topping the consensus estimate of ($0.34) by $0.13. The firm had revenue of $119.59 million during the quarter, compared to analyst estimates of $118.95 million. Xperi had a negative net margin of 21.67% and a negative return on equity of 10.15%.

Xperi Price Performance

Shares of XPER opened at $9.51 on Wednesday. The company has a 50 day moving average of $8.89 and a two-hundred day moving average of $8.72. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.14. Xperi has a twelve month low of $6.89 and a twelve month high of $12.29. The company has a market cap of $435.65 million, a price-to-earnings ratio of -3.82 and a beta of 1.57.

Wall Street Analysts Forecast Growth

XPER has been the subject of a number of recent analyst reports. Rosenblatt Securities reissued a “buy” rating and issued a $15.00 price objective on shares of Xperi in a research report on Tuesday, August 6th. BWS Financial restated a “top pick” rating and set a $30.00 price target on shares of Xperi in a research note on Thursday, August 22nd. StockNews.com lowered shares of Xperi from a “buy” rating to a “hold” rating in a research report on Thursday, September 12th. Finally, Craig Hallum dropped their target price on shares of Xperi from $15.00 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday, August 6th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $19.00.

Insider Activity

In other news, CEO Jon Kirchner bought 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 11th. The stock was purchased at an average price of $8.65 per share, with a total value of $43,250.00. Following the completion of the acquisition, the chief executive officer now directly owns 523,692 shares of the company’s stock, valued at $4,529,935.80. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Xperi news, CEO Jon Kirchner bought 5,000 shares of Xperi stock in a transaction that occurred on Wednesday, September 11th. The stock was purchased at an average price of $8.65 per share, with a total value of $43,250.00. Following the completion of the acquisition, the chief executive officer now directly owns 523,692 shares in the company, valued at approximately $4,529,935.80. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David C. Habiger purchased 5,750 shares of the stock in a transaction on Wednesday, August 21st. The stock was acquired at an average cost of $8.68 per share, for a total transaction of $49,910.00. Following the completion of the acquisition, the director now owns 68,205 shares of the company’s stock, valued at $592,019.40. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 13,600 shares of company stock valued at $117,948.

Xperi Company Profile

Xperi Inc operates as a consumer and entertainment technology company worldwide. It offers Pay-TV solutions, including UX solutions that allows service providers to customize elements of the interactive program guide for their customers and to upgrade the programming features and services; IPTV, a cloud-based solution that supports various services and applications, such as TV programming, broadband OTT video content, digital music, photos, and other media experiences; managed IPTV service; video metadata and services; managed IPTV Service, a customizable, cloud-enabled, and end-to-end streaming video solution that enables operators to quickly launch a branded, fully compliant, full-featured Pay-TV service; metadata libraries comprising television, sports, movies, digital-first, celebrities, books, and video games; personalized content discovery, natural language voice, and insights; and TiVo DVR subscriptions, as well as technical support service.