Xperi (NYSE:XPER) Lowered to Hold Rating by Zacks Research

Zacks Research downgraded shares of Xperi (NYSE:XPER) from a strong-buy rating to a hold rating in a research report released on Thursday,Zacks.com reports.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Xperi in a research note on Monday. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Xperi Stock Performance

XPER stock opened at $5.77 on Thursday. Xperi has a 1 year low of $5.40 and a 1 year high of $10.62. The company has a market capitalization of $267.32 million, a PE ratio of 36.06 and a beta of 1.31. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.42 and a quick ratio of 2.42. The company has a fifty day moving average of $6.10.

Xperi (NYSE:XPER) last released its quarterly earnings results on Monday, November 13th. The company reported ($0.22) EPS for the quarter. The firm had revenue of $121.64 million for the quarter. Xperi had a negative return on equity of 0.22% and a net margin of 1.53%.

About Xperi

Xperi Inc (NYSE: XPER) is a global technology company that develops and licenses audio, imaging and semiconductor packaging solutions. The company was formed in 2016 through the spin-off of Tessera Technologies’ product divisions and expanded its product portfolio in 2019 with the acquisition of TiVo Corporation. Headquartered in San Jose, California, Xperi’s technologies underpin a range of consumer electronics, automotive, mobile and broadcast products around the world.

In its technology licensing segment, Xperi offers a broad portfolio of semiconductor packaging and interconnect solutions designed to improve performance and energy efficiency in chips and devices.