TiVo Receives Consensus Recommendation of “Buy” from Brokerages (NASDAQ:TIVO)
TiVo (NASDAQ:TIVO) has been given a consensus recommendation of “Buy” by the nineteen ratings firms that are currently covering the stock, Analyst Ratings.Net reports. Seven analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $20.91.
A number of analysts have recently weighed in on TIVO shares. Analysts at S&P Equity Research raised their price target on shares of TiVo from $8.12 to $10.32 in a research note on Thursday, August 14th. They now have an “average” rating on the stock. They noted that the move was a valuation call. Separately, analysts at TheStreet upgraded shares of TiVo to a “buy” rating in a research note on Thursday, August 14th. Finally, 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.
TiVo (NASDAQ:TIVO) opened at 13.71 on Friday. TiVo has a one year low of $10.47 and a one year high of $14.25. The stock’s 50-day moving average is $13.40 and its 200-day moving average is $12.67. The company has a market cap of $1.575 billion and a price-to-earnings ratio of 6.40.
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 last year, the company posted ($0.09) earnings per share. TiVo’s revenue was up 39.2% compared to the same quarter last year. On average, analysts predict that TiVo will post $0.27 earnings per share 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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