Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if INTERDIGITAL INC (NASDAQ:IDCC) is suited for growth investing. Investors should of course do their own research, but we spotted INTERDIGITAL INC showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.
Exploring Why IDCC Holds Promise for Growth Investors.
The Return on Equity (ROE) of IDCC stands at 41.83%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
IDCC has surpassed EPS estimates 3 times in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
IDCC has demonstrated strong 1-year revenue growth of 58.02%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.
IDCC has experienced 140.0% q2q revenue growth, indicating a significant sales increase.
IDCC has experienced notable growth in its operating margin over the past year, reflecting improved operational performance. This growth suggests the company's ability to generate higher profits from its core business activities.
The free cash flow (FCF) of IDCC has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
The quarterly earnings of IDCC have shown a 190.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
Over the past 3 months, analysts have adjusted their EPS Estimate for IDCC with a 85.41% change. This highlights the evolving outlook on the company's EPS potential.
The 1-year EPS growth of IDCC (%EPSYGROWTHTTM%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
The earnings per share (EPS) growth of IDCC is accelerating: the current Q2Q growth of 190.0% is above the previous year Q2Q growth of 30.56%. Earnings momentum and acceleration are key for high growth systems.
What is the full fundamental picture of IDCC telling us.
Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.
We assign a fundamental rating of 7 out of 10 to IDCC. IDCC was compared to 282 industry peers in the Software industry. IDCC scores excellent points on both the profitability and health parts. This is a solid base for a good stock. IDCC is not valued too expensively and it also shows a decent growth rate. These ratings would make IDCC suitable for quality investing!
More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.
Keep in mind
This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.