Somewhat Negative News Coverage Somewhat Unlikely to Impact Tessera Holding Corporation (XPER) Stock Price
Headlines about Tessera Holding Corporation (NASDAQ:XPER) have been trending somewhat negative recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tessera Holding Corporation earned a news impact score of -0.05 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 46.601108038891 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Head to Head Review: Tessera Holding Corporation (XPER) vs. STR Holdings (STRI) (americanbankingnews.com)
- Critical Comparison: Tessera Holding Corporation (XPER) vs. STR Holdings (STRI) (americanbankingnews.com)
- Tessera Holding Corporation (XPER) to Issue $0.20 Quarterly Dividend (americanbankingnews.com)
- DTS to Deliver Next-Generation DTS:X Audio to Classic Cinemas (finance.yahoo.com)
- Reviewing Tessera Holding Corporation (XPER) & STR Holdings (STRI) (americanbankingnews.com)
XPER has been the subject of several research reports. Zacks Investment Research raised Tessera Holding Corporation from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 28th. Bank of America Corporation downgraded Tessera Holding Corporation from a “buy” rating to a “neutral” rating in a research note on Friday, November 3rd.
Shares of Tessera Holding Corporation (NASDAQ:XPER) traded up $1.40 during trading hours on Friday, hitting $20.10. The stock had a trading volume of 638,700 shares, compared to its average volume of 462,724. Tessera Holding Corporation has a one year low of $16.70 and a one year high of $45.95. The firm has a market cap of $991.22, a price-to-earnings ratio of 26.34, a PEG ratio of 0.83 and a beta of 0.79. The company has a debt-to-equity ratio of 1.32, a current ratio of 3.15 and a quick ratio of 3.15.
Tessera Holding Corporation (NASDAQ:XPER) last posted its earnings results on Thursday, November 2nd. The semiconductor company reported $0.30 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.06). The company had revenue of $88.50 million for the quarter, compared to the consensus estimate of $94.20 million. Tessera Holding Corporation had a positive return on equity of 8.10% and a negative net margin of 22.54%. The business’s revenue was up 41.8% on a year-over-year basis. equities research analysts anticipate that Tessera Holding Corporation will post 0.9 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Wednesday, November 22nd will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $0.80 annualized dividend and a dividend yield of 3.98%. Tessera Holding Corporation’s dividend payout ratio (DPR) is presently -55.17%.
In related news, CEO Jon Kirchner bought 5,000 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was acquired at an average price of $18.75 per share, for a total transaction of $93,750.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Robert J. Andersen bought 2,000 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The shares were bought at an average price of $17.75 per share, with a total value of $35,500.00. The disclosure for this purchase can be found here. Insiders have purchased a total of 8,388 shares of company stock valued at $153,887 in the last 90 days. 2.40% of the stock is owned by corporate insiders.
About Tessera Holding Corporation
Tessera Holding Corporation is a product and technology licensing company. The Company’s technologies and intellectual property are deployed, in areas, such as audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, three dimensional (3D) semiconductor interconnect and packaging.
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