TiVo Price Target Raised to $18.50 at National Alliance Securities (TIVO)
National Alliance Securities lifted their price objective on shares of TiVo (NASDAQ:TIVO) to $18.50 in a research note issued on Wednesday. National Alliance Securities’ price objective suggests a potential upside of 33.09% from the company’s current price.
A number of other firms have also recently commented on TIVO. 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. Separately, 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. Finally, 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. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. TiVo currently has a consensus rating of “Buy” and a consensus target price of $21.29.
Shares of TiVo (NASDAQ:TIVO) traded up 1.55% on Wednesday, hitting $14.115. 1,926,742 shares of the company’s stock traded hands. TiVo has a 52-week low of $11.03 and a 52-week high of $14.25. The stock has a 50-day moving average of $13.49 and a 200-day moving average of $12.74. The company has a market cap of $1.621 billion and a price-to-earnings ratio of 6.63.
TiVo (NASDAQ:TIVO) last announced its earnings results on Tuesday, August 26th. The company reported $0.08 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $1.96 earnings per share. The company’s quarterly revenue was up 12.5% 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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