RPX (RPXC) Set to Announce Quarterly Earnings on Wednesday

RPX (NASDAQ:RPXC) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, February 21st.

Shares of RPX (NASDAQ RPXC) opened at $12.62 on Wednesday. The company has a market capitalization of $653.25, a P/E ratio of 35.06 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.54 and a current ratio of 2.54. RPX has a twelve month low of $10.41 and a twelve month high of $15.15.

Several equities analysts have recently issued reports on the company. Barclays reaffirmed a “sell” rating and issued a $14.00 target price on shares of RPX in a report on Friday, January 5th. BidaskClub lowered RPX from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $15.00 target price on shares of RPX in a report on Wednesday, November 1st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. RPX currently has an average rating of “Hold” and an average price target of $14.25.

In other news, CFO David James Anderson sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $12.80, for a total value of $64,000.00. Following the completion of the transaction, the chief financial officer now directly owns 26,981 shares of the company’s stock, valued at $345,356.80. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.52% of the company’s stock.

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RPX Company Profile

RPX Corporation is engaged in providing an alternative to litigation through its patent risk management services. The Company helps companies reduce patent litigation risk and corporate legal expense through two primary service offerings: patent risk management services and discovery services. It operates through two segments: patent risk management and discovery services.

Earnings History for RPX (NASDAQ:RPXC)

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