Interdigital Stock Fair Value – InvestorsObserver Gives InterDigital Inc (IDCC) Stock a Bullish Score – Is Now the Time to Buy?
June 23, 2023
🌥️Trending News
INTERDIGITAL ($NASDAQ:IDCC): Recently, the stock market has been very bullish on InterDigital Inc (IDCC) stock, and InvestorsObserver Stock Sentiment Indicator has given the stock a bullish score. Given the favorable outlook, many investors are wondering if now is the right time to purchase shares of IDCC stock on Friday. It is focused on developing, marketing and licensing patented technologies related to wireless telecommunications, such as cellular standards, systems and devices. The company has a wide range of patents that cover various aspects of telecommunications, including everything from radio frequency interference mitigation to data compression and security.
In addition, the company is involved in litigation and licensing activities with various technology companies.
Share Price
On Tuesday, INTERDIGITAL stock opened at $91.6 and closed at $91.5, down by 0.1% from previous closing price of 91.6. While the stock has been slightly down on Tuesday, the bullish score from InvestorsObserver is an encouraging sign for potential investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Interdigital. More…
| Total Revenues | Net Income | Net Margin |
| 558.85 | 180.96 | 34.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Interdigital. More…
| Operations | Investing | Financing |
| 276.16 | -436.77 | -186.49 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Interdigital. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.75k | 1.12k | 22.89 |
Key Ratios Snapshot
Some of the financial key ratios for Interdigital are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 19.6% | 78.4% | 44.8% |
| FCF Margin | ROE | ROA |
| 42.1% | 23.3% | 8.9% |
Analysis – Interdigital Stock Fair Value
At GoodWhale, we have conducted a thorough analysis of INTERDIGITAL‘s financials. We determined that the intrinsic value of INTERDIGITAL share is around $95.8 using our proprietary Valuation Line. This means that the stock is undervalued by 4.5%, making it an attractive investment for those seeking to buy a fair price. More…
Peers
They offer advanced wireless solutions and services to device manufacturers, network operators, and other industry stakeholders worldwide. They compete with WI FI Wireless Ltd, Affluence Corp, and Hammer Technology Holdings, all of whom provide similar solutions and services to the wireless industry.
– WI FI Wireless Ltd ($OTCPK:WFWRF)
Hammer Technology Holdings is a technology company with a current market cap of 33.5 million as of 2023. The company specializes in providing advanced technological solutions to businesses, ranging from IT services to software development. Hammer Technology’s Return on Equity (ROE) is -7.43%, indicating that the company has failed to generate a return on its shareholders’ equity. This figure is below the industry average of 7.4%, suggesting that the company is facing challenges in generating profits and returns for its investors. Despite its low ROE, Hammer Technology Holdings remains a leader in providing high-end technological solutions and services to businesses across the globe.
Summary
InterDigital, Inc. (IDCC) is currently a strong investment opportunity with a Bullish score from InvestorsObserver’s Stock Sentiment Indicator. Analysts have seen the stock surge in recent weeks, with its share price increasing steadily. Potential investors should be aware of the company’s strong fundamentals, including a healthy balance sheet and low debt levels. Overall, investors should consider InterDigital as a good long-term investment opportunity.
