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Shares of Rovi (NASDAQ:ROVI) have earned a consensus rating of “Hold” from the eleven brokerages that are presently covering the stock, AnalystRatingsNetwork reports. Two equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $22.87.

Shares of Rovi (NASDAQ:ROVI) opened at 22.92 on Thursday. Rovi has a 1-year low of $16.00 and a 1-year high of $25.34. The stock has a 50-day moving average of $23.23 and a 200-day moving average of $23.26. The company’s market cap is $2.086 billion.

Rovi (NASDAQ:ROVI) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.02. The company had revenue of $137.10 million for the quarter, compared to the consensus estimate of $127.85 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. Analysts expect that Rovi will post $1.72 EPS for the current fiscal year.

In other Rovi news, Director Shaughnessy James P. O sold 5,000 shares of the company’s stock on the open market in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $22.30, for a total value of $111,500.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Rovi from a “neutral” rating to an “underperform” rating in a research note on Tuesday, August 12th. They now have a $21.10 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Rovi in a research note on Thursday, July 31st. They now have a $27.00 price target on the stock, up previously from $24.00. Finally, analysts at Brean Capital reiterated a “buy” rating on shares of Rovi in a research note on Thursday, July 31st. They now have a $33.00 price target on the stock, up previously from $27.00.

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.

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