Boston Trust Walden Corp Invest $53.52 Million in InterDigital,
December 31, 2023
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INTERDIGITAL ($NASDAQ:IDCC): Boston Trust Walden Corp recently made a big move in the stock market, investing $53.52 million in InterDigital, Inc. InterDigital is a global technology leader. It has a strong presence in the United States, China, Europe, Japan, South Korea and other countries. The investment from Boston Trust Walden Corp marks a major milestone for the company as it seeks to expand its reach in the global market.
As one of the leading players in the wireless technology industry, InterDigital’s stock position can only be expected to grow from here. With this additional investment from Boston Trust Walden Corp, InterDigital has the potential to increase its reach and market share significantly.
Market Price
On Tuesday, InterDigital, Inc. saw an increase of 0.7% in its stock price when its shares opened at $111.2 and closed at $111.3, up from its previous closing price of $110.6. This investment marks an exciting time for the company as it looks to expand its reach and further develop its technology. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Interdigital. InterDigital“>More…
| Total Revenues | Net Income | Net Margin |
| 561.12 | 207.39 | 37.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Interdigital. InterDigital“>More…
| Operations | Investing | Financing |
| 593.83 | -265.81 | -351.29 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Interdigital. InterDigital“>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.83k | 1.24k | 22.09 |
Key Ratios Snapshot
Some of the financial key ratios for Interdigital are shown below. InterDigital“>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.9% | 44.8% | 51.5% |
| FCF Margin | ROE | ROA |
| 98.2% | 30.6% | 9.9% |
Analysis
GoodWhale has taken a deep dive into INTERDIGITAL’s financials and concluded that the company is strong in dividend and growth, and of medium strength in asset and profitability. Our Star Chart rated the company highly in these areas. Additionally, INTERDIGITAL scored a 10/10 on its health score due to its ability to sustain operations in times of crisis. As a result, INTERDIGITAL is a ‘cheetah’ type company, meaning it has achieved high revenue or earnings growth, but may be considered less stable due to lower profitability. For investors looking to diversify their portfolio with a riskier but potentially more profitable asset, INTERDIGITAL could be a great option. With its high dividend and growth ratings, as well as its strong cashflows and debt health, the company can offer higher returns than many other investments. Its status as a Cheetah company can also provide more aggressive investors with an opportunity to capitalize on rapid growth while still mitigating potential losses. InterDigital“>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) recently saw a major investment from Boston Trust Walden Corporation, who purchased $53.52 million worth of the company’s stock. This is a positive sign for the company, indicating investor confidence in InterDigital’s performance and potential for growth. This makes for an attractive entry point for investors looking for strong return potential. Analysts expect further growth in revenue and earnings as well as increased margins.
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