Should you consider INTERDIGITAL INC (NASDAQ:IDCC) for growth investing?

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.

Why IDCC may be interesting for growth investors.

• IDCC exhibits a strong Return on Equity (ROE) of 41.83%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• With a track record of beating EPS estimates 3 times in the last 4 quarters, IDCC showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.
• IDCC has achieved significant 1-year revenue growth of 58.02%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• IDCC has achieved 140.0% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• 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.
• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), IDCC highlights its ability to generate increasing profitability, showcasing a 190.0% growth.
• IDCC has seen a 85.41% 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.
• Over the past year, IDCC has demonstrated %EPSYGROWTHTTM% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• IDCC shows accelerating EPS growth: when comparing the current Q2Q growth of 190.0% to the previous year Q2Q growth of 30.56%, we see the growth rate improving.

A complete fundamental analysis 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.

We assign a fundamental rating of 7 out of 10 to IDCC. IDCC was compared to 281 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 is not valued too expensively and it also shows a decent growth rate. These ratings would make IDCC suitable for quality investing!

Check the latest full fundamental report of IDCC for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill 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.