On Monday Adeia Inc (NASDAQ: ADEA) opened lower -16.08% from the last session, before settling in for the closing price of $17.04. Price fluctuations for ADEA have ranged from $10.59 to $18.25 over the past 52 weeks.
Company’s average yearly earnings per share was noted 11.69% at the time writing. With a float of $106.30 million, this company’s outstanding shares have now reached $109.33 million.
Adeia Inc (ADEA) Insider Activity
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Adeia Inc is 2.81%, while institutional ownership is 96.51%.
Adeia Inc (ADEA) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.47 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.43) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 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
Check out the current performance indicators for Adeia Inc (ADEA). In the past 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 4.13. Likewise, its price to free cash flow for the trailing twelve months is 7.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.74, a number that is poised to hit 0.55 in the next quarter and is forecasted to reach 1.48 in one year’s time.
Technical Analysis of Adeia Inc (ADEA)
Looking closely at Adeia Inc (NASDAQ: ADEA), its last 5-days average volume was 0.95 million, which is a jump from its year-to-date volume of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 35.54%.
During the past 100 days, Adeia Inc’s (ADEA) raw stochastic average was set at 33.84%, which indicates a significant increase from 33.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.68 in the past 14 days, which was higher than the 0.51 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.34, while its 200-day Moving Average is $14.28. However, in the short run, Adeia Inc’s stock first resistance to watch stands at $15.09. Second resistance stands at $15.89. The third major resistance level sits at $17.21. If the price goes on to break the first support level at $12.97, it is likely to go to the next support level at $11.65. Should the price break the second support level, the third support level stands at $10.85.
Adeia Inc (NASDAQ: ADEA) Key Stats
There are currently 109,369K shares outstanding in the company with a market cap of 1.56 billion. Presently, the company’s annual sales total 376,020 K according to its annual income of 64,620 K. Last quarter, the company’s sales amounted to 85,740 K and its income totaled 16,720 K.
