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Exploring NASDAQ:IDCC's growth characteristics.

By Mill Chart

Last update: Feb 12, 2024

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if INTERDIGITAL INC (NASDAQ:IDCC) is suited for growth investing. Investors should of course do their own research, but we spotted INTERDIGITAL INC showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

Some of the growth metrics of NASDAQ:IDCC highlighted

  • In terms of Return on Equity(ROE), INTERDIGITAL INC is performing well, achieving a 35.55% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
  • INTERDIGITAL INC has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
  • INTERDIGITAL INC has demonstrated strong 1-year revenue growth of 23.99%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.
  • With consistent quarter-to-quarter (Q2Q) revenue growth of 22.04%, INTERDIGITAL INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
  • The operating margin of INTERDIGITAL INC has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
  • INTERDIGITAL INC has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
  • The recent financial report of INTERDIGITAL INC demonstrates a 132.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
  • INTERDIGITAL INC has seen a 26.06% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
  • In the most recent financial report, INTERDIGITAL INC reported a 132.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • accelerating EPS growth for INTERDIGITAL INC: the current Q2Q growth of 132.0% exceeds the previous year Q2Q growth of -10.84%.

What else is there to say on the fundamentals of NASDAQ:IDCC?

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to IDCC. IDCC was compared to 279 industry peers in the Software industry. Both the health and profitability get an excellent rating, making IDCC a very profitable company, without any liquidiy or solvency issues. IDCC may be a bit undervalued, certainly considering the very reasonable score on growth Finally IDCC also has an excellent dividend rating. This makes IDCC very considerable for value and dividend investing!

For an up to date full fundamental analysis you can check the fundamental report of IDCC

Our Lois Navellier screen will find you more ideas suited for growth investing.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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INTERDIGITAL INC

NASDAQ:IDCC (4/23/2024, 7:05:20 PM)

After market: 98.93 0 (0%)

98.93

+1.03 (+1.05%)

IDCC News

News Image21 hours ago - Market News VideoFirst Week of IDCC December 20th Options Trading
News Image5 days ago - InterDigital, Inc.InterDigital Announces Date for First Quarter 2024 Financial Results

WILMINGTON, Del. , April 19, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development...

News Image9 days ago - InterDigital, Inc.InterDigital and Concordia University Announce Research Collaboration on AI-enabled Immersive Media Delivery over 5G Networks

WILMINGTON, Del., April 15, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development...

News Image16 days ago - ChartmillNASDAQ:IDCC stands out as a stock that provides good value for the fundamentals it showcases.

Don't overlook INTERDIGITAL INC (NASDAQ:IDCC)—it's a hidden gem with strong fundamentals and an attractive price tag.

News Image20 days ago - InterDigital, Inc.InterDigital Announces Convertibility of 3.50% Senior Convertible Notes Due 2027

WILMINGTON, Del., April 04, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company,...

News Image23 days ago - Market News VideoNotable Monday Option Activity: NET, SPHR, IDCC
News Imagea month ago - InterDigital, Inc.InterDigital to Showcase Innovations in High Definition and Sustainable Video Streaming Alongside Partners at NAB 2024

InterDigital’s sustainable video solutions to be displayed at NAB alongside partners at ATSC, Advanced HDR by Technicolor, and Ultra HD Forum locations ...

News Imagea month ago - InterDigital, Inc.InterDigital Declares Regular Quarterly Cash Dividend

WILMINGTON, Del., March 20, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development...

News Imagea month ago - InterDigital, Inc.InterDigital’s Xiaofei Wang Appointed Chair of the IEEE 802.11 Artificial Intelligence and Machine Learning (AIML) Standing Committee

InterDigital’s Xiaofei Wang appointed chair of IEEE 802.11 Standing Committee dedicated to studying the integration of AIML and Wi-Fi technologies ...

News Imagea month ago - Market News VideoSee How Interdigital Ranks Among Analysts' Top Picks With Strong Buyback Activity
News Imagea month ago - InterDigital, Inc.Interdigital to Speak at the 36th Annual Roth Conference

WILMINGTON, Del., March 11, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development...

News Image2 months ago - Investor's Business DailySynaptics Stock Sees Improved Relative Strength Rating

The Relative Strength (RS) Rating for Synaptics stock entered a new percentile Friday, as it got a lift from 61 to 73.

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