Xperi's (XPER) Top Pick Rating Reiterated at BWS Financial

Xperi (NASDAQ:XPER - Get Free Report)'s stock had its "top pick" rating reiterated by investment analysts at BWS Financial in a research report issued to clients and investors on Thursday, Benzinga reports. They presently have a $30.00 price target on the semiconductor company's stock. BWS Financial's target price would suggest a potential upside of 195.86% from the company's previous close.

Several other research analysts have also recently issued reports on XPER. StockNews.com upgraded shares of Xperi from a "hold" rating to a "buy" rating in a report on Sunday, April 14th. Rosenblatt Securities reiterated a "buy" rating and set a $15.00 price target on shares of Xperi in a research report on Friday, March 1st.

Xperi Stock Performance

Shares of NASDAQ:XPER traded down $0.72 during trading hours on Thursday, hitting $10.14. The stock had a trading volume of 514,371 shares, compared to its average volume of 400,255. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.92 and a current ratio of 1.92. The stock's fifty day simple moving average is $10.74 and its 200 day simple moving average is $10.51. The firm has a market capitalization of $456.60 million, a price-to-earnings ratio of -3.25 and a beta of 1.80. Xperi has a 1-year low of $7.91 and a 1-year high of $13.62.

Xperi (NASDAQ:XPER - Get Free Report) last announced its earnings results on Wednesday, February 28th. The semiconductor company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.39) by $0.16. Xperi had a negative return on equity of 7.37% and a negative net margin of 26.20%. The firm had revenue of $137.23 million for the quarter, compared to the consensus estimate of $138.90 million. Sell-side analysts anticipate that Xperi will post -1.19 earnings per share for the current fiscal year.

Institutional Trading of Xperi

Hedge funds have recently bought and sold shares of the company. Assenagon Asset Management S.A. purchased a new stake in shares of Xperi in the fourth quarter valued at $11,994,000. Maven Securities LTD purchased a new stake in Xperi in the 3rd quarter worth about $1,972,000. Rubric Capital Management LP boosted its position in Xperi by 5.2% during the 3rd quarter. Rubric Capital Management LP now owns 4,043,744 shares of the semiconductor company's stock worth $39,871,000 after acquiring an additional 200,000 shares during the period. Wellington Management Group LLP increased its holdings in shares of Xperi by 22.9% in the 3rd quarter. Wellington Management Group LLP now owns 551,794 shares of the semiconductor company's stock valued at $5,441,000 after purchasing an additional 102,635 shares during the period. Finally, Vanguard Group Inc. increased its holdings in shares of Xperi by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,492,250 shares of the semiconductor company's stock valued at $54,154,000 after purchasing an additional 87,173 shares during the period. 94.28% of the stock is owned by hedge funds and other institutional investors.

Xperi Company Profile

Xperi Inc operates as a consumer and entertainment technology company worldwide. It offers Pay-TV solutions, including UX solutions that allows service providers to customize elements of the interactive program guide for their customers and to upgrade the programming features and services; IPTV, a cloud-based solution that supports various services and applications, such as TV programming, broadband OTT video content, digital music, photos, and other media experiences; managed IPTV service; video metadata and services; managed IPTV Service, a customizable, cloud-enabled, and end-to-end streaming video solution that enables operators to quickly launch a branded, fully compliant, full-featured Pay-TV service; metadata libraries comprising television, sports, movies, digital-first, celebrities, books, and video games; personalized content discovery, natural language voice, and insights; and TiVo DVR subscriptions, as well as technical support service.