Xperi (NASDAQ:XPER) was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a report issued on Thursday.

A number of other analysts have also recently commented on XPER. BidaskClub upgraded Xperi from a “sell” rating to a “hold” rating in a research report on Wednesday, July 11th. B. Riley started coverage on Xperi in a research report on Thursday, July 19th. They set a “buy” rating and a $26.00 target price on the stock. Royal Bank of Canada reiterated a “buy” rating and set a $22.00 target price on shares of Xperi in a research report on Thursday, August 9th. Craig Hallum set a $25.00 target price on Xperi and gave the stock a “buy” rating in a research report on Thursday, August 9th. Finally, National Securities started coverage on Xperi in a research report on Thursday, September 6th. They set a “buy” rating and a $31.00 target price on the stock. Two analysts have rated the stock with a sell rating and five have assigned a buy rating to the stock. Xperi has a consensus rating of “Hold” and an average target price of $27.80.

XPER opened at $14.16 on Thursday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 7.92 and a current ratio of 7.92. Xperi has a one year low of $12.08 and a one year high of $28.33. The stock has a market cap of $676.56 million, a PE ratio of 10.34 and a beta of 0.67.

Xperi (NASDAQ:XPER) last posted its earnings results on Wednesday, November 7th. The semiconductor company reported $0.27 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.15). Xperi had a negative return on equity of 2.09% and a negative net margin of 19.66%. The firm had revenue of $100.59 million for the quarter, compared to analyst estimates of $98.50 million. As a group, equities research analysts anticipate that Xperi will post 2.05 EPS for the current year.

A number of hedge funds have recently modified their holdings of the stock. FMR LLC increased its position in Xperi by 4.4% in the 3rd quarter. FMR LLC now owns 548,201 shares of the semiconductor company’s stock valued at $8,141,000 after acquiring an additional 23,301 shares during the period. Seizert Capital Partners LLC acquired a new position in Xperi in the 3rd quarter valued at about $344,000. Bank of New York Mellon Corp increased its position in Xperi by 3.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 909,918 shares of the semiconductor company’s stock valued at $13,512,000 after acquiring an additional 32,533 shares during the period. Chartwell Investment Partners LLC increased its position in Xperi by 17.3% in the 3rd quarter. Chartwell Investment Partners LLC now owns 1,436,987 shares of the semiconductor company’s stock valued at $21,339,000 after acquiring an additional 211,471 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Xperi by 62.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,966,451 shares of the semiconductor company’s stock valued at $29,203,000 after acquiring an additional 752,622 shares during the period. Hedge funds and other institutional investors own 99.53% of the company’s stock.

About Xperi

Xperi Corporation, through its subsidiaries, creates, develops, and licenses audio, imaging, semiconductor packaging, and interconnect technologies in the United States, South Korea, Taiwan, Japan, and internationally. The company operates in two segments, Product Licensing; and Semiconductor and IP Licensing.

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Analyst Recommendations for Xperi (NASDAQ:XPER)

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