TiVo Earns “Neutral” Rating from Zacks (TIVO)
TiVo (NASDAQ:TIVO)‘s stock had its “neutral” rating reaffirmed by Zacks in a report released on Thursday. They currently have a $15.00 target price on the stock. Zacks‘s price target would indicate a potential upside of 6.69% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at BMO Capital Markets raised their price target on shares of TiVo from $15.00 to $16.00 in a research note on Wednesday. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of TiVo from $14.00 to $15.00 in a research note on Wednesday. Finally, analysts at National Alliance Securities raised their price target on shares of TiVo to $18.50 in a research note on Wednesday. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $20.59.
TiVo (NASDAQ:TIVO) traded down 1.78% during mid-day trading on Thursday, hitting $13.81. 507,670 shares of the company’s stock traded hands. TiVo has a one year low of $11.31 and a one year high of $14.29. The stock has a 50-day moving average of $13.53 and a 200-day moving average of $12.75. The company has a market cap of $1.520 billion and a P/E ratio of 52.46.
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. Analysts expect that TiVo will post $0.27 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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