World Wrestling Entertainment, Inc. (WWE) Reaches $30.12 52-Week High; Interdigital (IDCC) Has 1.59 Sentiment

December 7, 2017 - By Adrian Erickson

The stock of World Wrestling Entertainment, Inc. (NYSE:WWE) hit a new 52-week high and has $31.63 target or 5.00% above today’s $30.12 share price. The 5 months bullish chart indicates low risk for the $2.32B company. The 1-year high was reported on Dec, 7 by Barchart.com. If the $31.63 price target is reached, the company will be worth $116.10 million more. The stock increased 2.00% or $0.59 during the last trading session, reaching $30.12. About 182,591 shares traded. World Wrestling Entertainment, Inc. (NYSE:WWE) has risen 15.92% since December 7, 2016 and is uptrending. It has underperformed by 0.78% the S&P500.

InterDigital, Inc. designs and develops technologies that enable and enhance wireless communications in the United States and internationally. The company has market cap of $2.68 billion. It offers technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, and IEEE 802-related products and networks. It has a 10.68 P/E ratio. The firm develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, and 4G wireless networks and mobile terminal devices; and other wireless technologies related to Wi-Fi, WLAN, WMAN, and WRAN.




Ratings analysis reveals 0 of Interdigital Comm’s analysts are positive. Out of 3 Wall Street analysts rating Interdigital Comm, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. IDCC was included in 3 notes of analysts from September 9, 2016. The firm earned “Equal Weight” rating on Friday, September 9 by Barclays Capital. The firm has “Neutral” rating by Dougherty & Company given on Wednesday, October 5. The stock of InterDigital, Inc. (NASDAQ:IDCC) earned “Neutral” rating by Sidoti on Wednesday, December 7.

Analysts await InterDigital, Inc. (NASDAQ:IDCC) to report earnings on February, 22. They expect $0.73 EPS, down 81.04% or $3.12 from last year’s $3.85 per share. IDCC’s profit will be $25.34 million for 26.40 P/E if the $0.73 EPS becomes a reality. After $1.00 actual EPS reported by InterDigital, Inc. for the previous quarter, Wall Street now forecasts -27.00% negative EPS growth.

The stock increased 1.51% or $1.15 during the last trading session, reaching $77.1. About 97,197 shares traded. InterDigital, Inc. (IDCC) has risen 50.23% since December 7, 2016 and is uptrending. It has outperformed by 33.53% the S&P500.

Permit Capital Llc holds 3.78% of its portfolio in InterDigital, Inc. for 83,116 shares. Fort L.P. owns 162,960 shares or 3.14% of their US portfolio. Moreover, Smithbridge Asset Management Inc De has 2.93% invested in the company for 46,000 shares. The Florida-based Camarda Financial Advisors Llc has invested 1.63% in the stock. Freestone Capital Holdings Llc, a Washington-based fund reported 253,888 shares.

Among 13 analysts covering World Wrestling (NYSE:WWE), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. World Wrestling had 21 analyst reports since August 3, 2015 according to SRatingsIntel. Needham maintained it with “Buy” rating and $25 target in Wednesday, April 5 report. On Monday, October 16 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The firm has “Buy” rating by Needham given on Monday, September 25. On Friday, July 31 the stock rating was maintained by Needham with “Buy”. As per Monday, October 30, the company rating was downgraded by FBN Securities. The firm has “Overweight” rating given on Tuesday, March 29 by Pacific Crest. The stock has “Overweight” rating by KeyBanc Capital Markets on Tuesday, April 5. The company was initiated on Friday, June 30 by Morgan Stanley. The company was initiated on Wednesday, December 6 by J.P. Morgan. On Friday, August 25 the stock rating was maintained by KeyBanc Capital Markets with “Hold”.

Analysts await World Wrestling Entertainment, Inc. (NYSE:WWE) to report earnings on February, 8. They expect $0.19 EPS, up 90.00% or $0.09 from last year’s $0.1 per share. WWE’s profit will be $14.65M for 39.63 P/E if the $0.19 EPS becomes a reality. After $0.28 actual EPS reported by World Wrestling Entertainment, Inc. for the previous quarter, Wall Street now forecasts -32.14% negative EPS growth.

Investors sentiment increased to 1.47 in 2017 Q2. Its up 0.07, from 1.4 in 2017Q1. It improved, as 17 investors sold World Wrestling Entertainment, Inc. shares while 28 reduced holdings. 15 funds opened positions while 51 raised stakes. 35.01 million shares or 2.18% less from 35.79 million shares in 2017Q1 were reported. Wells Fargo And Communication Mn reported 71,406 shares. Aperio Lc has invested 0% in World Wrestling Entertainment, Inc. (NYSE:WWE). Vanguard Grp reported 3.38M shares. Bbva Compass Bancorp reported 21,763 shares. Thompson Siegel Walmsley Lc holds 0% in World Wrestling Entertainment, Inc. (NYSE:WWE) or 35 shares. Cim Inv Mangement Inc holds 0.14% in World Wrestling Entertainment, Inc. (NYSE:WWE) or 19,525 shares. Marathon Prns Equity Mgmt Limited Co holds 0.7% in World Wrestling Entertainment, Inc. (NYSE:WWE) or 75,000 shares. Principal Fincl has invested 0.01% in World Wrestling Entertainment, Inc. (NYSE:WWE). Valley Natl Advisers holds 326 shares or 0% of its portfolio. Engineers Gate Manager Limited Partnership stated it has 0.07% of its portfolio in World Wrestling Entertainment, Inc. (NYSE:WWE). Bancorporation Of New York Mellon holds 0% or 587,004 shares in its portfolio. Walleye Trading Ltd Liability Co reported 1,678 shares or 0% of all its holdings. Sei Invests holds 0.01% or 114,877 shares. New York-based New York State Teachers Retirement System has invested 0% in World Wrestling Entertainment, Inc. (NYSE:WWE). Hall Laurie J Trustee has invested 0% in World Wrestling Entertainment, Inc. (NYSE:WWE).

World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company has market cap of $2.32 billion. The firm operates through Network, Television, Home Entertainment, Digital Media, Live Events, Licensing, Venue Merchandise, WWEShop, and WWE Studios divisions. It has a 64.36 P/E ratio. It operates WWE Network, a live streaming network that offers pay-per-view events, original programming, and video-on-demand library; and produces television programming, reality shows, and other programming, as well as produces content via home entertainment platforms, including DVD, Blu-Ray, subscription, and transactional on-demand outlets.

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