TiVo Given New $15.00 Price Target at JPMorgan Chase & Co. (TIVO)
Analysts at JPMorgan Chase & Co. upped their price target on shares of TiVo (NASDAQ:TIVO) from $14.00 to $15.00 in a research report issued to clients and investors on Wednesday. JPMorgan Chase & Co.’s price objective points to a potential upside of 6.69% from the stock’s previous close.
A number of other firms have also recently commented on TIVO. Analysts at National Alliance Securities raised their price target on shares of TiVo to $18.50 in a research note on Wednesday. Separately, analysts at MKM Partners raised their price target on shares of TiVo from $15.00 to $18.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at FBR Capital Markets reiterated a “market perform” rating on shares of TiVo in a research note on Wednesday. They now have a $12.00 price target on the stock, up previously from $11.00. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $20.99.
TiVo (NASDAQ:TIVO) traded up 1.15% during mid-day trading on Wednesday, hitting $14.06. The stock had a trading volume of 3,228,305 shares. TiVo has a 52-week low of $11.03 and a 52-week high of $14.25. The stock’s 50-day moving average is $13.49 and its 200-day moving average is $12.74. The company has a market cap of $1.615 billion and a P/E ratio of 6.63.
TiVo (NASDAQ:TIVO) last released its earnings data on Tuesday, August 26th. The company reported $0.08 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.07 by $0.01. The company had revenue of $86.60 million for the quarter, compared to the consensus estimate of $87.72 million. During the same quarter last year, the company posted $1.96 earnings per share. TiVo’s revenue was up 12.5% compared to the same quarter last year. On average, analysts predict that TiVo will post $0.28 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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