Xperi (NYSE:XPER) Upgraded by Wall Street Zen to “Buy” Rating

Xperi (NYSE:XPER) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other brokerages also recently issued reports on XPER. Weiss Ratings restated a “sell (d)” rating on shares of Xperi in a report on Monday, December 29th. Zacks Research cut Xperi from a “hold” rating to a “strong sell” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Xperi Price Performance

XPER stock opened at $6.15 on Friday. The stock has a market capitalization of $288.87 million, a price-to-earnings ratio of -5.00 and a beta of 1.24. The firm’s 50-day moving average price is $5.83 and its two-hundred day moving average price is $6.09. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 0.10. Xperi has a 12-month low of $5.07 and a 12-month high of $8.50.

Xperi Company Profile

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.