Home Sectors Communication Services Recent Movement: InterDigital (NASDAQ: IDCC)

Recent Movement: InterDigital (NASDAQ: IDCC)


InterDigital is in the communication services industry and communication services sector. The company CEO is William J. Merritt. InterDigital Inc functions within the communication segment. It develops technologies that enable and enhance wireless communications.

Previous Intraday Trading Performance:

The IDCC stock showed a previous change of -0.98% with an open at 67.39 and a close of 66.61. It reached an intraday high of 68.35 and a low of 66.45.

SeekingAlpha:  InterDigital adjusts rate on 1.5% convertible notes


The stock has a market cap of $2.2b with 32.6m shares outstanding, of which the float is 31.4m shares. Trading volume reached 297,586 shares compared to its average volume of 309,423 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, InterDigital shares returned -1.74% and in the past 30 trading days it returned -6.89%. Over three months, it changed -8.82%. In one year it has changed -10.85% and within that year its 52-week high was 85.85 and its 52-week low was 62.34. IDCC stock is 6.85% above its 52 Week Low.

Our calculations show a 200 day moving average of 75.91 and a 50 day moving average of 70.26. Currently IDCC stock is trading -12.26% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  InterDigital Wireless, Inc. (IDCC) CEO William Merritt on Q4 2018 Results – Earnings Call Transcript


The last annual fiscal EPS for the company was reported at 2.24 that ended on 31st of December 2018, which according to the previous close, that is a PE of 36.80. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.04. The TTM EPS is 2.24, which comes to a TTM PE of 29.74. Historically, the PE high was 60.30 and the PE low was 7.70. If the stock reached its PE low, that would represent a price of 17.25, which is a decrease of -74.11%.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.05
09-30-2018:  0.60
06-30-2018:  0.30
03-31-2018:  1.29

The dividend per share is currently 1.40, which is a dividend yield of 2.10%.

Base on our calculations, the intrinsic value per share is 44.61, which means it may be overvalued by -49.31%

Indicators to Watch:

Based on the latest filings, there is 121.20% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.20

SeekingAlpha:  InterDigital Wireless, Inc. (IDCC) CEO William Merritt on Q4 2018 Results – Earnings Call Transcript

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 7.32%, return on assets is 3.76%, profit margin is 19.30%, price-to-sales is 7.14 and price-to-book is 2.37.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 1  :Past Performance Score
 5  :Financial Strength Score
 2  :Future Growth Score
 2  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.