TSE:QTRH Quarterhill - QTRH Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Quarterhill Inc. Please log in to your account or sign up in order to add this asset to your watchlist. C$1.50 -0.01 (-0.66%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$1.50▼C$1.5450-Day RangeC$1.39▼C$2.0052-Week RangeC$1.37▼C$2.53Volume11,069 shsAverage Volume100,277 shsMarket CapitalizationC$171.96 millionP/E Ratio15.00Dividend Yield3.33%Price TargetC$2.25 ProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesSocial Media Quarterhill MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside50.0% UpsideC$2.25 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.09Based on 4 Articles This WeekInsider TradingAcquiring SharesC$514 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.58 out of 5 stars 3.3 Analyst's Opinion Consensus RatingQuarterhill has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$2.25, Quarterhill has a forecasted upside of 50.0% from its current price of C$1.50.Amount of Analyst CoverageQuarterhill has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for QTRH. Previous Next 1.7 Dividend Strength Dividend YieldQuarterhill pays a meaningful dividend of 2.66%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthQuarterhill does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Quarterhill is 50.00%. 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 QTRH. Previous Next 1.1 News and Social Media Coverage News SentimentQuarterhill has a news sentiment score of -0.09. 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 0.47 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Quarterhill this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Quarterhill to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Quarterhill insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$514.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 2.78% of the stock of Quarterhill is held by insiders.Percentage Held by InstitutionsOnly 4.04% of the stock of Quarterhill is held by institutions. Previous Next 3.1 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Quarterhill is 15.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Quarterhill is 15.00, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 292.33.Price to Earnings Growth RatioQuarterhill has a PEG Ratio of 0.46. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioQuarterhill has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Quarterhill (TSE:QTRH) StockQuarterhill Inc. operates in the intelligent transportation system and intellectual property licensing industries worldwide. Its Licensing segment includes patents relating to wireless communications, memory interface technologies, semiconductor manufacturing and packaging technologies, wired connectivity, automotive applications, computer gaming, intelligent personal assistant technologies, enhanced image processing, streaming video technologies, non-volatile Flash memory, DRAM and other memory technologies, and semiconductor analog circuitry technologies. The company's Intelligent Systems segment provides international road dynamics products and services, such as red light and speed enforcement systems, automated truck weigh stations; toll road systems and equipment; traffic management and safety systems; VectorSense, a tire sensor suite; Vehicle Information-In-Motion, a traffic intelligence system; integrated traffic control systems; permanent and portable slow speed weigh-in-motion systems; portable wheel load scales; traffic data collection products; vehicle and axle detection equipment; and automated vehicle identification services and equipment, and other hardware and software products and offerings for the intelligent transportation systems industry. This segment serves through direct salespeople, distributors, agents, contractors, and systems integrators. The company was formerly known as Wi-LAN Inc. and changed its name to Quarterhill Inc. in June 2017. Quarterhill Inc. was incorporated in 1992 and is headquartered in Toronto, Canada.Read More Receive QTRH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Quarterhill and its competitors with MarketBeat's FREE daily newsletter. Email Address QTRH Stock News HeadlinesMarch 26, 2023 | americanbankingnews.comQuarterhill (TSE:QTRH) Downgraded by CormarkMarch 24, 2023 | americanbankingnews.comQuarterhill (TSE:QTRH) Given New C$2.00 Price Target at Raymond JamesMarch 30, 2023 | Press Research (Ad)Lithium Could Be 2023's Next Big SurpriseLithium is the hottest commodity for our green futureMarch 20, 2023 | finance.yahoo.comQuarterhill Announces CEO Change and Preliminary Consolidated Results for Fiscal 2022March 6, 2023 | finance.yahoo.comQuarterhill (TSE:QTRH) Has Some Difficulty Using Its Capital EffectivelyDecember 12, 2022 | finance.yahoo.comShareholders in Quarterhill (TSE:QTRH) are in the red if they invested a year agoNovember 12, 2022 | finance.yahoo.comQuarterhill Third Quarter 2022 Earnings: Misses ExpectationsNovember 10, 2022 | finance.yahoo.comQuarterhill Announces Q3 Fiscal 2022 Financial ResultsMarch 30, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsNovember 3, 2022 | finance.yahoo.comIRD Announces Two Expansion Contracts Valued at $3.3 MillionOctober 27, 2022 | finance.yahoo.comQuarterhill to Announce Q3 Fiscal 2022 Financial ResultsOctober 21, 2022 | finance.yahoo.comWiLAN Subsidiaries Enter into License Agreement with MicronOctober 3, 2022 | nasdaq.comCanadian Stocks Rising Sharply On All-round Buying - NasdaqSeptember 27, 2022 | finance.yahoo.comQuarterhill (TSE:QTRH) Is Experiencing Growth In Returns On CapitalSeptember 19, 2022 | fool.caRebound Rockets: 4 TSX Tech Stocks to Buy Before They Soar - The Motley Fool CanadaSeptember 6, 2022 | finance.yahoo.comAre Investors Undervaluing Quarterhill Inc. (TSE:QTRH) By 42%?August 25, 2022 | baystreet.caTSX Gain by Close Wednesday - Baystreet.caAugust 18, 2022 | ca.finance.yahoo.comStocks in play: Quarterhill Inc.August 14, 2022 | finance.yahoo.comQuarterhill Inc. (TSE:QTRH) Analysts Are Cutting Their Estimates: Here's What You Need To KnowAugust 11, 2022 | ca.finance.yahoo.comBaylin Announces Financial Results for the Second Quarter of 2022 - Yahoo Canada FinanceAugust 11, 2022 | seekingalpha.comQuarterhill GAAP EPS of -C$0.21, revenue of C$38.02M - Seeking AlphaJuly 28, 2022 | finance.yahoo.comQuarterhill to Announce Q2 Fiscal 2022 Financial ResultsJuly 20, 2022 | rttnews.comCanadian Market Modestly Higher In Cautious Trade After Inflation Data - RTTNewsJuly 6, 2022 | benzinga.comWiLAN Signs Second Wireless License in Automotive Industry - BenzingaJuly 5, 2022 | finance.yahoo.comQuarterhill (TSE:QTRH) investors are sitting on a loss of 26% if they invested a year agoJuly 4, 2022 | baystreet.caTSX Claims Triple-Digit Gains - Baystreet.caJune 20, 2022 | marketwatch.comQuarterhill Subsidiary Wins C$2.2 Mln Contract in Idaho - MarketWatchSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive QTRH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Quarterhill and its competitors with MarketBeat's FREE daily newsletter. Email Address QTRH Company Calendar Last Earnings1/29/2015Ex-Dividend for 1/9 Dividend12/08/2022Dividend Payable1/09/2023Today3/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Communication Equipment Sub-IndustryN/A SectorComputer and Technology Current SymbolTSE:QTRH Previous SymbolTSE:WIN CUSIPN/A CIKN/A Webwww.quarterhill.com Phone613-688-4900FaxN/AEmployees562Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$2.25 High Stock Price ForecastC$3.00 Low Stock Price ForecastC$1.75 Forecasted Upside/Downside+50.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.10 Trailing P/E Ratio15.00 Forward P/E Ratio29.92 P/E Growth0.46Net IncomeC$13.34 million Net Margins4.36% Pretax MarginN/A Return on Equity5.00% Return on Assets3.60% Debt Debt-to-Equity Ratio31.15 Current Ratio3.10 Quick Ratio2.58 Sales & Book Value Annual SalesC$305.98 million Price / Sales0.56 Cash FlowC$0.64 per share Price / Cash Flow2.35 Book ValueC$2.45 per share Price / Book0.61Miscellaneous Outstanding Shares114,640,000Free FloatN/AMarket CapC$171.96 million OptionableNot Optionable Beta0.42 Key ExecutivesMr. Bret Kidd (Age 54)Pres, CEO & Director Comp: $3.02MMr. Prashant R. WatchmakerSr. VP, Gen. Counsel & Corp. Sec.Mr. Rish MalhotraCEO & Pres of International Road DynamicsMr. John H. Karnes Jr. (Age 60)Chief Financial Officer Mr. Andrew ParolinCEO & Pres of WiLANMr. Paul SunderlandInterim Pres & CEO of VIZIYAMr. Kevin HolbertPres & CEO of ETCMr. Paul Richman (Age 79)Sr. Advisor to Board of Directors More ExecutivesKey CompetitorsAgJunctionTSE:AJXEXFOTSE:EXFBlackline SafetyCVE:BLNSangoma TechnologiesCVE:STCVecima NetworksTSE:VCMView All CompetitorsInsidersRish MalhotraBought 317 shares on 1/9/2023Total: C$513.54 ($1.62/share)Rish MalhotraBought 151 shares on 10/7/2022Total: C$249.15 ($1.65/share)Rusty LewisBought 50,000 shares on 9/13/2022Total: C$92,738.10 ($1.85/share)Rish MalhotraBought 20,000 shares on 9/8/2022Total: C$35,600.00 ($1.78/share)Rish MalhotraBought 20,000 shares on 6/16/2022Total: C$39,400.00 ($1.97/share)View All Insider Transactions QTRH Stock - Frequently Asked Questions Should I buy or sell Quarterhill stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Quarterhill in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" QTRH shares. View QTRH analyst ratings or view top-rated stocks. What is Quarterhill's stock price forecast for 2023? 3 equities research analysts have issued 1 year price objectives for Quarterhill's stock. Their QTRH share price forecasts range from C$1.75 to C$3.00. On average, they expect the company's stock price to reach C$2.25 in the next twelve months. This suggests a possible upside of 50.0% from the stock's current price. View analysts price targets for QTRH or view top-rated stocks among Wall Street analysts. How have QTRH shares performed in 2023? Quarterhill's stock was trading at C$1.58 at the beginning of 2023. Since then, QTRH shares have decreased by 5.1% and is now trading at C$1.50. View the best growth stocks for 2023 here. How were Quarterhill's earnings last quarter? Quarterhill Inc. (TSE:QTRH) announced its earnings results on Thursday, January, 29th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. The firm earned $27.48 million during the quarter, compared to the consensus estimate of $28.34 million. Quarterhill had a trailing twelve-month return on equity of 5.00% and a net margin of 4.36%. How often does Quarterhill pay dividends? What is the dividend yield for Quarterhill? Quarterhill announced a quarterly dividend on Thursday, December 8th. Investors of record on Monday, January 9th will be paid a dividend of 0.0125 per share on Monday, January 9th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date is Thursday, December 8th. Read our dividend analysis for QTRH. Is Quarterhill a good dividend stock? Quarterhill (TSE:QTRH) pays an annual dividend of C$0.05 per share and currently has a dividend yield of 2.66%. The dividend payout ratio is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for QTRH. What other stocks do shareholders of Quarterhill own? Based on aggregate information from My MarketBeat watchlists, some companies that other Quarterhill investors own include TELUS (T), Ballard Power Systems (BLDP), 10094 (IRD.TO) (IRD), Superior Plus (SPB), Algonquin Power & Utilities (AQN), Chorus Aviation (CHR), Toronto-Dominion Bank (TD), Mitel Networks (MNW), Alamos Gold (AGI) and BlackBerry (BB). What is Quarterhill's stock symbol? Quarterhill trades on the Toronto Stock Exchange (TSX) under the ticker symbol "QTRH." How do I buy shares of Quarterhill? Shares of QTRH stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Quarterhill's stock price today? One share of QTRH stock can currently be purchased for approximately C$1.50. How much money does Quarterhill make? Quarterhill (TSE:QTRH) has a market capitalization of C$171.96 million and generates C$305.98 million in revenue each year. The company earns C$13.34 million in net income (profit) each year or C$0.10 on an earnings per share basis. How many employees does Quarterhill have? The company employs 562 workers across the globe. How can I contact Quarterhill? Quarterhill's mailing address is 303 Terry Fox Dr Suite 300, KANATA, ON K2K 3J1, Canada. The official website for the company is www.quarterhill.com. The company can be reached via phone at 613-688-4900. This page (TSE:QTRH) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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