Xperi Corporation (NASDAQ:XPER) is one of the stocks that are taking the center stage today as the company shares are trading 3.67% or 0.77 points lower from last closing price of $21, reaching $20.23 at last check. So what’s going on with XPER shares anyway? The price has dropped in 4 of the last 5 days and is down -12.65% over the past week. It will be exciting to see whether the stock manages to continue decreasing or take a minor break for the next few days. The move came on weak volume too with far less shares changing hands than in a normal session. Trading activity as of this writing weakened by -289,892 shares, and in total 92208 shares valued at $1.865 million were seen changing hands compared with 382100 shares valued at $8.024 million recorded at the previous session. You should take into consideration that a falling volume on lower prices shows the bearish trend but this is an early indication which means that the XPER stock is near its bottom.
Xperi Corporation (XPER) shares have notched a 3-month decline of about -12.65%, but has still advanced 14.19% year to date. By comparison, the stock added 22.45% over the past 12 months, while it jumped 2.09% over the 1 month. The company’s market cap is around $1.02B, with its short interest ratio standing at 9.01%.
In the current trading session for XPER, the stock witnessed two major price actions, it rose to a high of $21.05 and was down as much as $20.2 at one point. The high recorded is very low when compared to their 52-week high which is $12.08. The 52-week high is now at -21.67 distance from current price. Their recent low of $25.84 represents a 67.55% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for XPER is $32, this is above the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
The stock of Xperi Corporation earned $0.05 per share in the trailing 12 months and has a P/E ratio of 404.6. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is higher than the ones recorded by the industry which is 165.55 and lower compared to the sector’s average of 850.17. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. XPER also has P/S multiple of 2.47. This is smaller versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 8.19x.
The company recorded an interesting insider purchase transaction by the Director on Dec 01, 2017. A Securities and Exchanges Commission filings show that Richard Hill bought a total of 10,000 XPER shares that day for a sum of around $187,500. The filings show that the insider stake has now grown to 60,854 shares, currently worth $1,231,076. Xperi Corporation (XPER) insiders have acquired 35,334 shares in the stock within the past three months. The total insider sales reported to the SEC in that time frame amounted to 29,999 shares. In total, individual insiders traded 65,333 shares in the business, which makes up 14.775% of 442,183 shares that were traded over a year. In the past 12 months, insiders have purchased 326,364 shares while the seller parted with 115,819 shares.
XPER‘s last price was up 2.58% as compared to the average trading price of 50 days recorded at $19.72 while enlarging the period to 200 trading days, the average closing price was $21.65. At present, there are 48.59 million in the total number of common shares owned by the public and among those 48.41 million shares have been available to trade. The percentage of shares being held by the company management was 2.1% while institutions stake was 97.9%. The company has generated positive returns on equity over the last 12 months (1.3%). It managed to keep its gross profit margin at 96.7% over the past 12 months.
When assessing the full upside of the XPER stock, there is another set of technicals that should be looked into and considered. Its 0.49% gain from moving average of $20.13 has brought about a positive sentiment when calculated over the last 20 days. The market has allocated a beta of 0.35 to the stock. With the beta been less than one, this implies that the company shares are theoretically less volatile than the market, something that the traders definitely are keeping an eye on.
Most of the analysts surveyed by Thomson/First Call think quite highly of Xperi Corporation — 4 analysts rate the stock as a buy with another 0 rating it strong buy. There are 0 analysts who maintain a hold rating for the stock, with 0 giving it a sell rating. Analysts arrived at a 12-month price target of $32 on shares of Xperi Corporation (NASDAQ:XPER), which corresponds to 58.18% upside potential than its current market price of $20.23 and implies potential despite the recent drop in the price. However, their current target price has climbed from $30.25 a month ago and is up handily from the consensus target of $27 a quarter ago.
In the last five years, the EPS of the company has been roughly 29.3%. Though the percentage looks encouraging, extra tailwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will increase annually by 15%. The revenue of the company has risen at an average annualized rate of about 19.2 over the last five years. The company recently recorded a drop of -13.6%, but this figure is rather unattractive.