Analysts Anticipate Tessera Holding Corporation (XPER) to Post $0.36 EPS
Brokerages expect Tessera Holding Corporation (NASDAQ:XPER) to report $0.36 earnings per share for the current quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Tessera Holding Corporation’s earnings. Tessera Holding Corporation reported earnings of $0.57 per share during the same quarter last year, which would indicate a negative year over year growth rate of 36.8%. The company is expected to report its next quarterly earnings report on Tuesday, November 7th.
On average, analysts expect that Tessera Holding Corporation will report full year earnings of $1.29 per share for the current financial year. For the next year, analysts expect that the business will post earnings of $2.69 per share. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Tessera Holding Corporation.
Tessera Holding Corporation (NASDAQ:XPER) last released its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $0.36 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.07. The business had revenue of $91.32 million for the quarter, compared to the consensus estimate of $90.33 million. Tessera Holding Corporation had a negative net margin of 12.22% and a positive return on equity of 11.06%. The company’s revenue was up 36.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.60 earnings per share.
Separately, Zacks Investment Research upgraded Tessera Holding Corporation from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 28th.
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Several large investors have recently made changes to their positions in XPER. ProShare Advisors LLC bought a new position in shares of Tessera Holding Corporation during the 1st quarter valued at approximately $231,000. State Board of Administration of Florida Retirement System bought a new position in shares of Tessera Holding Corporation during the 1st quarter valued at approximately $1,276,000. First Trust Advisors LP bought a new position in shares of Tessera Holding Corporation during the 1st quarter valued at approximately $3,354,000. Public Employees Retirement Association of Colorado bought a new position in shares of Tessera Holding Corporation during the 1st quarter valued at approximately $269,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Tessera Holding Corporation during the 1st quarter valued at approximately $32,969,000. Institutional investors own 99.96% of the company’s stock.
Shares of Tessera Holding Corporation (NASDAQ:XPER) traded down 0.58% during midday trading on Thursday, hitting $25.70. 10,400 shares of the stock were exchanged. The stock’s market cap is $1.27 billion. Tessera Holding Corporation has a 52-week low of $24.55 and a 52-week high of $45.95. The firm’s 50 day moving average price is $26.97 and its 200-day moving average price is $31.36.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Investors of record on Friday, August 18th were paid a dividend of $0.20 per share. The ex-dividend date was Wednesday, August 16th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.09%. Tessera Holding Corporation’s dividend payout ratio (DPR) is presently -111.11%.
About Tessera Holding Corporation
Tessera Holding Corporation is a product and technology licensing company. The Company’s technologies and intellectual property are deployed, in areas, such as audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, three dimensional (3D) semiconductor interconnect and packaging.
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