InterDigital Inc

Company Profile

InterDigital Inc had its IPO on 1990-03-26 under the ticker symbol IDCC.

The company operates in the Communication Services sector and Telecom Services industry. InterDigital Inc has a staff strength of 425 employees.

Stock update

Shares of InterDigital Inc opened at $80.53 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $80.07 - $81.09, and closed at $80.24.

This is a -1.04% slip from the previous day's closing price.

A total volume of 293,576 shares were traded at the close of the day’s session.

In the last one week, shares of InterDigital Inc have slipped by -6.63%.

InterDigital Inc's Key Ratios

InterDigital Inc has a market cap of $2.14 billion, indicating a price to book ratio of 2.0882 and a price to sales ratio of 3.1396.

In the last 12-months InterDigital Inc’s revenue was $535.78 million with a gross profit of $457.79 million and an EBITDA of $297.91 million. The EBITDA ratio measures InterDigital Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, InterDigital Inc’s operating margin was 41.17% while its return on assets stood at 8.16% with a return of equity of 27.78%.

In Q2, InterDigital Inc’s quarterly earnings growth was a positive 14.5% while revenue growth was a negative 18.5%.

InterDigital Inc’s PE and PEG Ratio

Forward PE

13.6426

Trailing PE

12.9314

PEG

0.9096

Its diluted EPS in the last 12-months stands at $6.27 per share while it has a forward price to earnings multiple of 13.6426 and a PEG multiple of 0.9096. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into InterDigital Inc’s profitability.

InterDigital Inc stock is trading at a EV to sales ratio of 2.6413 and a EV to EBITDA ratio of 5.6887. Its price to sales ratio in the trailing 12-months stood at 3.1396.

InterDigital Inc stock pays annual dividends of $1.4 per share, indicating a yield of 1.73% and a payout ratio of 22.62%.

Balance sheet and cash flow metrics

Total Assets

$1.76 billion

Total Liabilities

$446.50 million

Operating Cash Flow

$-53082000.00

Capital Expenditure

$13.04 million

Dividend Payout Ratio

22.62%

InterDigital Inc ended 2024 with $1.76 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.76 billion while shareholder equity stood at $595.22 million.

InterDigital Inc ended 2024 with $0 in deferred long-term liabilities, $446.50 million in other current liabilities, 693000.00 in common stock, $1.40 billion in retained earnings and $22.42 million in goodwill. Its cash balance stood at $277.60 million and cash and short-term investments were $840.72 million. The company’s total short-term debt was $125,628,000 while long-term debt stood at $483.92 million.

InterDigital Inc’s total current assets stands at $1.19 billion while long-term investments were $19.58 million and short-term investments were $563.12 million. Its net receivables were $316.60 million compared to accounts payable of $8.31 million and inventory worth $23.66 million.

In 2024, InterDigital Inc's operating cash flow was $-53082000.00 while its capital expenditure stood at $13.04 million.

Comparatively, InterDigital Inc paid $0.23 in dividends in 2024.

Other key metrics

Current Trading Price

$80.24

52-Week High

$98.69

52-Week Low

$39.3564

Analyst Target Price

$105.25

InterDigital Inc stock is currently trading at $80.24 per share. It touched a 52-week high of $98.69 and a 52-week low of $98.69. Analysts tracking the stock have a 12-month average target price of $105.25.

Its 50-day moving average was $88.39 and 200-day moving average was $74.79 The short ratio stood at 9.99 indicating a short percent outstanding of 0%.

Around 137.1% of the company’s stock are held by insiders while 9730.4% are held by institutions.