ITV plc (LON:ITV) insider Carolyn McCall acquired 44,589 shares of the business’s stock in a transaction dated Wednesday, May 15th. The stock was purchased at an average cost of GBX 111 ($1.45) per share, for a total transaction of £49,493.79 ($64,672.40).
ITV stock opened at GBX 113.15 ($1.48) on Thursday. The stock has a market cap of $4.52 billion and a P/E ratio of 9.75. ITV plc has a 52 week low of GBX 117.65 ($1.54) and a 52 week high of GBX 183.05 ($2.39). The company has a current ratio of 1.10, a quick ratio of 0.76 and a debt-to-equity ratio of 123.32.
ITV (LON:ITV) last posted its earnings results on Wednesday, February 27th. The broadcaster reported GBX 15.40 ($0.20) EPS for the quarter, topping the consensus estimate of GBX 15 ($0.20) by GBX 0.40 ($0.01). Research analysts anticipate that ITV plc will post 1419.0000528365 earnings per share for the current fiscal year.
The firm also recently disclosed a dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Thursday, April 11th will be issued a GBX 5.40 ($0.07) dividend. This is a positive change from ITV’s previous dividend of $2.60. This represents a yield of 4.11%. The ex-dividend date of this dividend is Thursday, April 11th. ITV’s dividend payout ratio (DPR) is presently 0.69%.
Several analysts recently commented on the company. Numis Securities reaffirmed an “add” rating and set a GBX 150 ($1.96) target price on shares of ITV in a report on Wednesday, May 8th. UBS Group reaffirmed a “neutral” rating and set a GBX 125 ($1.63) target price (down from GBX 130 ($1.70)) on shares of ITV in a report on Thursday, May 9th. Deutsche Bank dropped their target price on ITV from GBX 140 ($1.83) to GBX 130 ($1.70) and set a “hold” rating on the stock in a report on Thursday, May 9th. Citigroup reaffirmed a “buy” rating and set a GBX 170 ($2.22) target price on shares of ITV in a report on Tuesday, May 7th. Finally, Barclays reaffirmed an “equal weight” rating and set a GBX 135 ($1.76) target price on shares of ITV in a report on Thursday, April 4th. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 152.50 ($1.99).
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ITV Company Profile
ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Broadcast & Online, and ITV Studios segments. The Broadcast & Online segment broadcasts various contents on its family of free-to-air channels, including ITV, ITV2, ITV3, ITV4, ITVBe, ITV Encore, CITV, ITV Breakfast, CITV Breakfast, and various related +1 and HD equivalents; and offers television advertising services.
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