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S&P Equity Research increased their price target on shares of TiVo (NASDAQ:TIVO) from $8.12 to $10.32 in a research note issued on Thursday. The firm currently has an “average” rating on the stock. S&P Equity Research’s price objective indicates a potential downside of 23.67% from the company’s current price. The analysts noted that the move was a valuation call.

A number of other analysts have also recently weighed in on TIVO. Analysts at TheStreet upgraded shares of TiVo to a “buy” rating in a research note on Thursday. Separately, analysts at Telsey Advisory Group reiterated a “” rating on shares of TiVo in a research note on Friday, July 11th. They now have a $15.00 price target on the stock. Finally, analysts at Brean Capital reiterated a “positive” rating on shares of TiVo in a research note on Thursday, July 10th. Seven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. TiVo currently has an average rating of “Buy” and a consensus target price of $20.49.

Shares of TiVo (NASDAQ:TIVO) traded down 0.22% on Thursday, hitting $13.49. 194,177 shares of the company’s stock traded hands. TiVo has a 1-year low of $10.47 and a 1-year high of $14.25. The stock’s 50-day moving average is $13.33 and its 200-day moving average is $12.6. The company has a market cap of $1.549 billion and a P/E ratio of 6.45.

TiVo (NASDAQ:TIVO) last posted its quarterly earnings results on Thursday, May 22nd. The company reported $0.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.06 by $0.01. The company had revenue of $107.06 million for the quarter, compared to the consensus estimate of $86.80 million. During the same quarter in the prior year, the company posted ($0.09) earnings per share. The company’s quarterly revenue was up 39.2% on a year-over-year basis. Analysts expect that TiVo will post $0.28 EPS for the current fiscal year.

TiVo Inc (NASDAQ:TIVO), a developer and provider of software and technology that enables the search, navigation, and access of content across sources, including linear television, on-demand television, and broadband video.

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