NASDAQ:ADEA Adeia (ADEA) Stock Price, News & Analysis → The system that called 2023’s top 7 stocks is at it again… (From WealthPress) (Ad) Free ADEA Stock Alerts $10.33 -0.05 (-0.48%) (As of 11:34 AM ET) Add Compare Share Share Today's Range$10.28▼$10.3750-Day Range$9.73▼$12.3752-Week Range$7.12▼$13.39Volume100,495 shsAverage Volume519,751 shsMarket Capitalization$1.12 billionP/E Ratio17.51Dividend Yield1.94%Price Target$15.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Adeia alerts: Email Address Adeia MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside51.7% Upside$15.67 Price TargetShort InterestBearish3.43% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.31Based on 7 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.80 out of 5 starsBusiness Services Sector158th out of 306 stocksCable & Other Pay Television Services Industry11th out of 18 stocks 3.5 Analyst's Opinion Consensus RatingAdeia has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageAdeia has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.43% of the float of Adeia has been sold short.Short Interest Ratio / Days to CoverAdeia has a short interest ratio ("days to cover") of 6.5.Change versus previous monthShort interest in Adeia has recently increased by 0.29%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldAdeia pays a meaningful dividend of 2.01%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAdeia does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Adeia is 33.90%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ADEA. Previous Next 1.8 News and Social Media Coverage News SentimentAdeia has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Adeia this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for ADEA on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Adeia insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.60% of the stock of Adeia is held by insiders.Percentage Held by Institutions97.36% of the stock of Adeia is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Adeia is 17.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Adeia is 17.51, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.10.Price to Book Value per Share RatioAdeia has a P/B Ratio of 3.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressThe system that called 2023’s top 7 stocks is at it again…Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.Just follow this link here! About Adeia Stock (NASDAQ:ADEA)Adeia Inc., together with its subsidiaries, operates as a media and semiconductor intellectual property licensing company in the United States, Canada, Asia, Europe, the Middle East, and internationally. The company licenses its patent portfolios across various markets, including multichannel video programming distributors comprising cable, satellite, and telecommunications television providers that aggregate and distribute linear content over networks, as well as television providers that aggregate and stream linear content over broadband networks; over-the-top video service providers and social media companies, such as subscription video-on-demand and advertising-supported streaming service providers, as well as content providers, networks, and media companies. It also licenses consumer electronics manufacturers, which includes producers of smart televisions, streaming media devices, video game consoles, mobile devices, content storage devices, and other connected media devices; semiconductors, including providers of sensors, radio frequency components, memory, and logic devices; and social media companies that allow users to stream and upload user-generated content. The company licenses its innovations under the Adeia brand name. Adeia Inc. was formerly known as Xperi Corporation and changed its name to Adeia Inc. in December 2019. The company was incorporated in 2019 and is headquartered in San Jose, California.Read More ADEA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ADEA Stock News HeadlinesApril 23, 2024 | globenewswire.comAdeia Enters into Multi-year IP License Renewal with AltimediaApril 21, 2024 | americanbankingnews.comAdeia (NASDAQ:ADEA) Stock Rating Reaffirmed by BWS FinancialApril 24, 2024 | Wealthpin Pro (Ad)One trade. One ticker. One week. Do you want to target weekly income of up to $2k or more… Starting with just $500... With just one trade per week? April 18, 2024 | globenewswire.comAdeia Enters into IP License Agreement with Magenta TelekomApril 18, 2024 | nasdaq.comAdeia is OversoldApril 15, 2024 | finance.yahoo.comAdeia Inc. (ADEA)April 15, 2024 | globenewswire.comAdeia to Release First Quarter 2024 Financial Results on May 6, 2024April 5, 2024 | finance.yahoo.comAn Intrinsic Calculation For Adeia Inc. (NASDAQ:ADEA) Suggests It's 31% UndervaluedApril 24, 2024 | Wealthpin Pro (Ad)One trade. One ticker. One week. Do you want to target weekly income of up to $2k or more… Starting with just $500... With just one trade per week? March 16, 2024 | ca.finance.yahoo.comADEA Jun 2024 10.000 putMarch 16, 2024 | ca.finance.yahoo.comADEA Apr 2024 12.500 callMarch 15, 2024 | finance.yahoo.comWhy Adeia Inc. (NASDAQ:ADEA) Looks Like A Quality CompanyFebruary 28, 2024 | seekingalpha.comAdeia: Connected TV, A New Samsung Connection, And CheapFebruary 27, 2024 | globenewswire.comAdeia Renews Multi-year IP License Agreement with ParamountFebruary 24, 2024 | msn.comRosenblatt Initiates Coverage of Adeia (ADEA) with Buy RecommendationFebruary 22, 2024 | finanznachrichten.deAdeia Inc.: Adeia Announces Fourth Quarter And Full Year 2023 Financial ResultsFebruary 22, 2024 | finance.yahoo.comAdeia Full Year 2023 Earnings: EPS: US$0.63 (vs US$1.35 in FY 2022)February 21, 2024 | markets.businessinsider.comAdeia’s Strategic Growth and Strong Financials Prompt Buy RatingFebruary 21, 2024 | finance.yahoo.comAdeia Inc. (NASDAQ:ADEA) Q4 2023 Earnings Call TranscriptFebruary 20, 2024 | seekingalpha.comAdeia Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 20, 2024 | finance.yahoo.comAdeia Inc (ADEA) Reports Full Year and Q4 2023 Earnings: Debt Reduction and Strategic Deals ...February 20, 2024 | globenewswire.comAdeia Announces Fourth Quarter And Full Year 2023 Financial ResultsFebruary 19, 2024 | benzinga.comAdeia's Earnings: A PreviewFebruary 18, 2024 | finance.yahoo.comIs There Now An Opportunity In Adeia Inc. (NASDAQ:ADEA)?February 14, 2024 | finance.yahoo.comAdeia (ADEA) to Report Q4 Earnings: What's in the Cards?February 10, 2024 | uk.investing.comAdeia Inc (ADEA)February 8, 2024 | msn.comWhy Adeia (ADEA) Outpaced the Stock Market TodaySee More Headlines Receive ADEA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Adeia and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/20/2024Ex-Dividend for 3/26 Dividend3/11/2024Dividend Payable3/26/2024Today4/23/2024Next Earnings (Confirmed)5/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Cable & other pay television services Sub-IndustryN/A Current SymbolNASDAQ:ADEA CUSIPN/A CIK1803696 Webwww.xperi.com Phone408-473-2500Fax408-321-8257Employees130Year FoundedN/APrice Target and Rating Average Stock Price Target$15.67 High Stock Price Target$16.00 Low Stock Price Target$15.00 Potential Upside/Downside+50.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.59 Trailing P/E Ratio17.59 Forward P/E Ratio8.80 P/E GrowthN/ANet Income$67.37 million Net Margins17.33% Pretax Margin20.57% Return on Equity42.74% Return on Assets12.77% Debt Debt-to-Equity Ratio1.46 Current Ratio2.02 Quick Ratio2.02 Sales & Book Value Annual Sales$388.79 million Price / Sales2.90 Cash Flow$2.38 per share Price / Cash Flow4.37 Book Value$3.33 per share Price / Book3.12Miscellaneous Outstanding Shares108,450,000Free Float107,802,000Market Cap$1.13 billion OptionableOptionable Beta1.43 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Paul E. Davis (Age 49)CEO & Director Comp: $1.55MMr. Keith A. Jones (Age 54)Chief Financial Officer Comp: $385.86kMr. Kevin Tanji (Age 47)Chief Legal Officer & Corporate Secretary Comp: $589.79kDr. Mark Kokes (Age 51)Chief Licensing Officer & GM of Media Comp: $608.21kMr. Dana Escobar (Age 56)Chief Licensing Officer & GM of Semiconductor Comp: $646.11kMr. Serhad DokenChief Technology OfficerMr. Jarl Berntzen (Age 57)Chief Corporate Development Officer Ms. Christina SawyerChief People OfficerMr. Joseph GuilianoChief intellectual property (IP) officerMore ExecutivesKey CompetitorsSelect Water SolutionsNYSE:WTTRCricutNASDAQ:CRCTEcovystNYSE:ECVTAmplitudeNASDAQ:AMPLCRA InternationalNASDAQ:CRAIView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCSold 16,872 shares on 4/18/2024Ownership: 0.101%PNC Financial Services Group Inc.Bought 4,315 shares on 3/22/2024Ownership: 0.021%Vanguard Group Inc.Bought 43,135 shares on 3/11/2024Ownership: 13.018%Wellington Management Group LLPBought 80,146 shares on 3/5/2024Ownership: 0.537%Prudent Man Advisors LLCSold 1,671 shares on 2/13/2024Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions ADEA Stock Analysis - Frequently Asked Questions Should I buy or sell Adeia stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Adeia in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ADEA shares. View ADEA analyst ratings or view top-rated stocks. What is Adeia's stock price target for 2024? 3 analysts have issued twelve-month target prices for Adeia's shares. Their ADEA share price targets range from $15.00 to $16.00. On average, they expect the company's share price to reach $15.67 in the next year. This suggests a possible upside of 51.7% from the stock's current price. View analysts price targets for ADEA or view top-rated stocks among Wall Street analysts. How have ADEA shares performed in 2024? Adeia's stock was trading at $12.39 on January 1st, 2024. Since then, ADEA shares have decreased by 16.6% and is now trading at $10.33. View the best growth stocks for 2024 here. When is Adeia's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our ADEA earnings forecast. How can I listen to Adeia's earnings call? Adeia will be holding an earnings conference call on Monday, May 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909. How were Adeia's earnings last quarter? Adeia Inc. (NASDAQ:ADEA) released its earnings results on Tuesday, February, 20th. The company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.01. The business earned $86.87 million during the quarter, compared to analyst estimates of $89.23 million. Adeia had a trailing twelve-month return on equity of 42.74% and a net margin of 17.33%. How often does Adeia pay dividends? What is the dividend yield for Adeia? Adeia declared a quarterly dividend on Thursday, February 8th. Stockholders of record on Tuesday, March 12th will be given a dividend of $0.05 per share on Tuesday, March 26th. This represents a $0.20 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date is Monday, March 11th. Read our dividend analysis for ADEA. Is Adeia a good dividend stock? Adeia (NASDAQ:ADEA) pays an annual dividend of $0.20 per share and currently has a dividend yield of 2.01%. The dividend payout ratio is 33.90%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ADEA. What ETFs hold Adeia's stock? ETFs with the largest weight of Adeia (NASDAQ:ADEA) stock in their portfolio include Small Cap US Equity Select ETF (RNSC) and Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR). What guidance has Adeia issued on next quarter's earnings? Adeia updated its FY 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $380.0 million-$420.0 million, compared to the consensus revenue estimate of $406.0 million. Who are Adeia's major shareholders? Adeia's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.10%). View institutional ownership trends. How do I buy shares of Adeia? Shares of ADEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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