Adeia Inc (ADEA) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 0.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.64 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $14.285 whereas the lowest price it dropped to was $14.01. The 52-week range on ADEA shows that it touched its highest point at $17.46 and its lowest point at $9.68 during that stretch. It currently has a 1-year price target of $18.33. With its current market cap of 1.51 billion, ADEA has annualized dividend of $0.20 while the current yield stands at 1.43%. ADEA paid its most recent dividend on 1741564800, while the ex-dividend date for that was 1741564800. Beta for the stock currently stands at 2.12.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ADEA was down-trending over the past week, with a drop of -7.83%, but this was up by 7.69% over a month. Three-month performance surged to 4.87% while six-month performance rose 23.44%. The stock gained 22.79% in the past year, while it has gained 0.21% so far this year. A look at the trailing 12-month EPS for ADEA yields 0.57 with Next year EPS estimates of 1.45. For the next quarter, that number is 0.25. This implies an EPS growth rate of 7.99% for this year and 6.20% for next year.

Float and Shares Shorts:

At present, 108.07 million ADEA shares are outstanding with a float of 101.78 million shares on hand for trading. On 2025-02-28, short shares totaled 3.21 million, which was 299.0 higher than short shares on 1738281600. In addition to Mr. Paul E. Davis J.D. as the firm’s CEO & Director, Mr. Keith A. Jones serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 1.02391 of ADEA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, ADEA reported revenue of $119168000.0 and operating income of $61291000.0. The EBITDA in the recently reported quarter was $77058000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ADEA since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ADEA analysts setting a high price target of 20.0 and a low target of 17.0, the average target price over the next 12 months is 18.33333. Based on these targets, ADEA could surge 42.76% to reach the target high and rise by 21.34% to reach the target low. Reaching the average price target will result in a growth of 30.86% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.22602 being high and $1.21212 being low. For ADEA, this leads to a yearly average estimate of $1.22. Based on analyst estimates, the high estimate for the next quarter is $0.47 and the low estimate is $0.35. The average estimate for the next quarter is thus $0.4.