Xperi Strengthens In Key Performance Metrics

Xperi (XPER) saw its IBD SmartSelect Composite Rating rise to 96 Wednesday, up from 93 the day before.


The upgrade means the stock is now outpacing 96% of all other stocks in terms of key performance metrics and technical strength.

Xperi broke out earlier, but has fallen back below the prior 22.19 entry from a flat base. In the scenario where a stock breaks out then falls 7% or more below the entry price, it’s considered a failed breakout. If that happens, it’s best to wait for a new base to form.

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One weak spot is Xperi’s 74 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it’s in the top 20% of all stocks.

The Silicon Valley-based firm’s Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

In Q4, the company posted 625% earnings-per-share growth. It has now posted accelerating EPS gains for two consecutive quarters. Sales growth climbed 379%, up from 250% in the prior report. The company has now posted accelerating growth in each of the last two reports.

Xperi earns the No. 4 rank among its peers in the Electronics-Semiconductor Fabless industry group. Himax Technologies (HIMX) is the No. 1-ranked stock within the group.


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