Interdigital Stock Today

IDCC Stock  USD 196.43  0.45  0.23%   

Performance

23 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
InterDigital is trading at 196.43 as of the 28th of November 2024, a 0.23 percent increase since the beginning of the trading day. The stock's open price was 195.98. InterDigital has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for InterDigital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
26th of March 1990
Category
Technology
Classification
Information Technology
InterDigital, Inc., together with its subsidiaries, designs and develops technologies that enable and enhance wireless communications in the United States, China, South Korea, Japan, Taiwan, and Europe. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware. The company has 25.34 M outstanding shares of which 3.65 M shares are currently shorted by private and institutional investors with about 7.52 trading days to cover. More on InterDigital

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Moving against InterDigital Stock

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InterDigital Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentLawrence JD
Thematic IdeaTech Growth (View all Themes)
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, SP Small-Cap 600, Tech Growth, Information Technology, Communications Equipment, Telecom Services, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.520.3104
Way Up
Very volatile
Gross Profit Margin0.90.8555
Sufficiently Up
Pretty Stable
Total Current Liabilities925.2 M881.1 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total241.9 M308.1 M
Significantly Down
Slightly volatile
Total Assets1.9 B1.8 B
Sufficiently Up
Slightly volatile
Total Current Assets1.2 B1.2 B
Sufficiently Up
Slightly volatile
Debt Levels
InterDigital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand InterDigital's financial leverage. It provides some insight into what part of InterDigital's total assets is financed by creditors.
Liquidity
InterDigital currently holds 625.16 M in liabilities with Debt to Equity (D/E) ratio of 0.88, which is about average as compared to similar companies. InterDigital has a current ratio of 4.36, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about InterDigital's use of debt, we should always consider it together with its cash and equity.

Change In Cash

(247.19 Million)
InterDigital (IDCC) is traded on NASDAQ Exchange in USA. It is located in 200 Bellevue Parkway, Wilmington, DE, United States, 19809-3727 and employs 450 people. InterDigital is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.97 B. InterDigital conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 25.34 M outstanding shares of which 3.65 M shares are currently shorted by private and institutional investors with about 7.52 trading days to cover. InterDigital currently holds about 900.61 M in cash with 213.73 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 30.37.
Check InterDigital Probability Of Bankruptcy
Ownership Allocation
The majority of InterDigital outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in InterDigital to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in InterDigital. Please pay attention to any change in the institutional holdings of InterDigital as this could imply that something significant has changed or is about to change at the company.
Check InterDigital Ownership Details

InterDigital Stock Institutional Holders

InstituionRecorded OnShares
Fuller & Thaler Asset Management Inc2024-09-30
591.5 K
Btim Corp2024-09-30
499.7 K
Shannon River Fund Management Llc2024-09-30
472.2 K
Bank Of New York Mellon Corp2024-06-30
310.3 K
Charles Schwab Investment Management Inc2024-09-30
309.2 K
Goldman Sachs Group Inc2024-06-30
303.6 K
Bragg Financial Advisors Inc2024-09-30
295.6 K
Ameriprise Financial Inc2024-06-30
294.9 K
Neumeier Investment Counsel Llc2024-09-30
281 K
Blackrock Inc2024-06-30
4.2 M
Vanguard Group Inc2024-09-30
3.3 M
View InterDigital Diagnostics

InterDigital Historical Income Statement

At present, InterDigital's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 577.1 M, whereas Cost Of Revenue is forecasted to decline to about 69.9 M. View More Fundamentals

InterDigital Stock Against Markets

InterDigital Corporate Management

James NolanExecutive VP of Interdigital SolutionsProfile
Eeva HakorantaExecutive OfficerProfile
Joshua SchmidtChief VPProfile
Eric CohenChief Development OfficerProfile
Ken KaskounExecutive OfficerProfile
When determining whether InterDigital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of InterDigital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Interdigital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Interdigital Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterDigital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade InterDigital Stock refer to our How to Trade InterDigital Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of InterDigital. If investors know InterDigital will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about InterDigital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Dividend Share
1.65
Earnings Share
9.27
Revenue Per Share
28.417
Quarterly Revenue Growth
(0.08)
The market value of InterDigital is measured differently than its book value, which is the value of InterDigital that is recorded on the company's balance sheet. Investors also form their own opinion of InterDigital's value that differs from its market value or its book value, called intrinsic value, which is InterDigital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because InterDigital's market value can be influenced by many factors that don't directly affect InterDigital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between InterDigital's value and its price as these two are different measures arrived at by different means. Investors typically determine if InterDigital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InterDigital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.