Xperi (NASDAQ:XPER) had its target price reduced by analysts at B. Riley from $30.00 to $28.00 in a note issued to investors on Thursday, Stock Target Advisor reports. The brokerage currently has a “buy” rating on the semiconductor company’s stock. B. Riley’s price target points to a potential upside of 30.48% from the stock’s current price.
A number of other equities analysts also recently issued reports on the company. BidaskClub upgraded Xperi from a “sell” rating to a “hold” rating in a research report on Wednesday. Zacks Investment Research downgraded Xperi from a “strong-buy” rating to a “hold” rating in a research report on Saturday, October 12th. Finally, ValuEngine downgraded Xperi from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $30.60.
NASDAQ:XPER traded up $0.12 during mid-day trading on Thursday, hitting $21.46. 291,300 shares of the company’s stock traded hands, compared to its average volume of 407,309. The company has a market capitalization of $1.05 billion, a P/E ratio of 8.65 and a beta of 0.34. The company has a fifty day moving average of $20.57 and a 200 day moving average of $20.97. The company has a debt-to-equity ratio of 0.69, a quick ratio of 7.58 and a current ratio of 7.58. Xperi has a twelve month low of $12.61 and a twelve month high of $25.84.
Xperi Corporation, through its subsidiaries, creates, develops, and licenses audio, imaging, semiconductor packaging, and interconnect technologies in the United States, South Korea, Taiwan, Japan, Europe, the Middle East, and internationally. The company operates in two segments, Product Licensing; and Semiconductor and IP Licensing.
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