Xperi (NYSE:XPER) Stock Rating Upgraded by Wall Street Zen

Xperi (NYSE:XPER) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

A number of other equities research analysts also recently issued reports on the stock. Zacks Research downgraded shares of Xperi from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 3rd. Weiss Ratings restated a “sell (d)” rating on shares of Xperi in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Xperi Stock Down 1.3%

Shares of NYSE XPER opened at $6.15 on Friday. The stock has a market capitalization of $288.87 million, a P/E ratio of -5.00 and a beta of 1.24. The stock’s fifty day moving average is $5.83 and its 200 day moving average is $6.09. Xperi has a 52 week low of $5.07 and a 52 week high of $8.50. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.42 and a current ratio of 2.42.

About Xperi

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.