Share on StockTwits

Rovi (NASDAQ:ROVI) has received a consensus rating of “Hold” from the ten ratings firms that are covering the stock, Stock Ratings reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $21.92.

Shares of Rovi (NASDAQ:ROVI) traded up 2.06% on Thursday, hitting $22.74. 51,441 shares of the company’s stock traded hands. Rovi has a 1-year low of $16.00 and a 1-year high of $26.55. The stock’s 50-day moving average is $22. and its 200-day moving average is $21.03. The company’s market cap is $2.126 billion.

Rovi (NASDAQ:ROVI) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.45 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.43 by $0.02. The company had revenue of $142.50 million for the quarter, compared to the consensus estimate of $133.22 million. Analysts expect that Rovi will post $1.71 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Rovi from a “neutral” rating to an “outperform” rating in a research note on Wednesday. They now have a $25.50 price target on the stock. Finally, analysts at TheStreet upgraded shares of Rovi from a “sell” rating to a “hold” rating in a research note on Tuesday, February 18th.

Rovi Corporation is focused on powering the discovery and enjoyment of digital entertainment by providing a set of integrated solutions that are embedded in its customers’ products and services and used by end consumers to simplify and guide their interaction with digital entertainment.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.