On Friday, Adeia Inc (NASDAQ: ADEA) was 3.27% up from the session before settling in for the closing price of $13.78. A 52-week range for ADEA has been $10.52 – $17.46.
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When this article was written, the company’s average yearly earnings per share was at 11.69%. With a float of $106.57 million, this company’s outstanding shares have now reached $109.33 million.
Let’s look at the performance matrix of the company that is accounted for 150 employees. In terms of profitability, gross margin is 54.21%, operating margin of 32.97%, and the pretax margin is 22.39%.
Adeia Inc (ADEA) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Adeia Inc stocks. The insider ownership of Adeia Inc is 2.39%, while institutional ownership is 96.85%.
Adeia Inc (ADEA) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.27 earnings per share (EPS) during the time that was less than consensus figure (set at 0.4) by -0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.69% per share during the next fiscal year.
Adeia Inc (NASDAQ: ADEA) Trading Performance Indicators
You can see what Adeia Inc (ADEA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.11. Likewise, its price to free cash flow for the trailing twelve months is 7.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.74, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.48 in one year’s time.
Technical Analysis of Adeia Inc (ADEA)
Adeia Inc (NASDAQ: ADEA) saw its 5-day average volume 0.72 million, a positive change from its year-to-date volume of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 77.83%.
During the past 100 days, Adeia Inc’s (ADEA) raw stochastic average was set at 82.73%, which indicates a significant decrease from 91.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.47 in the past 14 days, which was higher than the 0.43 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.67, while its 200-day Moving Average is $13.34.
