Investing In Adeia Inc (NASDAQ: ADEA): Why Should You?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted Adeia Demonstrates Hybrid Bonding Technology During Chiplet Summit 2024.

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Stocks Info

ADEA belongs to the Technology sector of the NASDAQ while operating in the Software – Application industry. At the end of the last regular session, the stock closed at $13.08 and fluctuated between $13.12 as its day high and $12.80 as its day low. The current market capitalization of Adeia Inc is $1.36B. A total of 0.65 million shares were traded on the day, compared to an average of 1.25 shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, ADEA has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 13 BUYs and 15 SELLs from insiders. Insiders purchased 443,536 shares during that period but sold 148,619.

In the most recent transaction, Kokes Mark sold 20,487 shares of ADEA for 9.91 per share on Nov 20. After the transaction, the Chief Licensing Officer, Media now owns 142,246 company shares.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. ADEA’s most recent ex-dividend date was 11/24/2023 when it declared a $0.05 quarterly dividend that was paid in cash on 12/18/2023. Previously, the company paid the dividend on 9/18/2023 with an ex-dividend date of 8/25/2023. The ADEA stock dividend was $0.05 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for ADEA in the last 3 months, the mean price target is $15.33 with high estimates of $16.00 and low estimates of $14.00. In terms of 52-week highs and lows, ADEA has a high of $13.10 and a low of $7.12.

As of this writing, ADEA has an earnings estimate of $0.25 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.26 per share and a lower estimate of $0.24. The company reported an EPS of $0.26 in the last quarter, which was 4.00% higher than expectations of $0.25.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ADEA’s latest balance sheet shows that the firm has $140.96M in Cash & Short Term Investments as of fiscal 2021. There were $772.87M in debt and $189.75M in liabilities at the time. Its Book Value Per Share was $3.21, while its Total Shareholder’s Equity was $1.34B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ADEA is Buy with a score of 4.67.

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