Why INTERDIGITAL INC (NASDAQ:IDCC) is Poised for High Growth.

In this article we will dive into INTERDIGITAL INC (NASDAQ:IDCC) as a possible candidate for growth investing. Investors should always do their own research, but we noticed INTERDIGITAL INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

A Deep Dive into INTERDIGITAL INC's Growth Metrics.

• The Return on Equity (ROE) of IDCC stands at 41.83%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• IDCC has surpassed EPS estimates 3 times 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.
• With notable 1-year revenue growth of 58.02%, IDCC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 140.0%, IDCC 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.
• IDCC has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
• IDCC has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
• The earnings per share (EPS) of IDCC have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 190.0% increase. This reflects the company's ability to improve its profitability over time.
• The average next Quarter EPS Estimate for IDCC has experienced a 85.41% change in the last 3 months, reflecting evolving expectations by analysts regarding the company's EPS performance.
• The 1-year EPS growth of IDCC (%EPSYGROWTHTTM%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• Accelerating EPS growth for IDCC: the current Q2Q growth of 190.0% exceeds the previous year Q2Q growth of 30.56%.

What else is there to say on the fundamentals of 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.

Overall IDCC gets a fundamental rating of 7 out of 10. We evaluated IDCC against 284 industry peers in the Software industry. IDCC has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. IDCC has a correct valuation and a medium growth rate. This makes IDCC very considerable for quality investing!

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

More growth stocks can be found in our Lois Navellier screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.