InterDigital (NASDAQ:IDCC – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.190-1.420 for the period, compared to the consensus EPS estimate of 1.100. The company issued revenue guidance of $112.0 million-$116.0 million, compared to the consensus revenue estimate of $130.5 million. InterDigital also updated its FY 2025 guidance to 9.690-12.920 EPS.
InterDigital Price Performance
NASDAQ IDCC opened at $182.50 on Thursday. InterDigital has a 1 year low of $95.33 and a 1 year high of $207.08. The company has a fifty day simple moving average of $188.26 and a 200 day simple moving average of $161.95. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.03. The company has a market cap of $4.62 billion, a P/E ratio of 19.50, a P/E/G ratio of 2.08 and a beta of 1.44.
InterDigital Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 22nd. Stockholders of record on Wednesday, January 8th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.99%. The ex-dividend date was Wednesday, January 8th. InterDigital’s dividend payout ratio is currently 19.23%.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on InterDigital
Insider Buying and Selling at InterDigital
In other InterDigital news, CTO Rajesh Pankaj sold 700 shares of the business’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $204.13, for a total value of $142,891.00. Following the sale, the chief technology officer now owns 52,997 shares of the company’s stock, valued at $10,818,277.61. The trade was a 1.30 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Joshua D. Schmidt sold 140 shares of the stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $182.19, for a total transaction of $25,506.60. Following the completion of the transaction, the insider now directly owns 24,138 shares of the company’s stock, valued at $4,397,702.22. This trade represents a 0.58 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,622 shares of company stock valued at $2,433,251 in the last ninety days. Company insiders own 2.30% of the company’s stock.
InterDigital Company Profile
InterDigital, Inc operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming.
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