TiVo (TIVO) Earning Favorable Press Coverage, Analysis Shows
Media headlines about TiVo (NASDAQ:TIVO) have been trending positive this week, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. TiVo earned a media sentiment score of 0.34 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.071990715118 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Bullish Two Hundred Day Moving Average Cross – TIVO (nasdaq.com)
- Comcast loses patent battle against TiVo, can’t import or sell X1 set-tops (fiercecable.com)
- TiVo (TIVO) Soars: Stock Adds 7.1% in Session (zacks.com)
- TiVo Corporation to Present at Upcoming Investor Conferences – SYS-CON Media (press release) (news.sys-con.com)
- Most Shocking Stock Movements: American Airlines Group Inc. (AAL), TiVo Corporation (TIVO) – Market Movers (financialqz.com)
TiVo (TIVO) traded down $0.45 during trading on Friday, hitting $18.45. 541,011 shares of the stock traded hands, compared to its average volume of 788,585. The firm has a market capitalization of $2,250.00, a PE ratio of 24.93, a PEG ratio of 1.48 and a beta of 0.10. TiVo has a 12 month low of $15.15 and a 12 month high of $22.00. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.38 and a quick ratio of 2.33.
TiVo (NASDAQ:TIVO) last released its quarterly earnings results on Thursday, November 2nd. The technology company reported ($0.14) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.07). The company had revenue of $197.90 million during the quarter, compared to analyst estimates of $190.83 million. TiVo had a negative net margin of 5.39% and a positive return on equity of 4.72%. The firm’s quarterly revenue was up 29.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.59 EPS. equities research analysts forecast that TiVo will post 1.25 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Tuesday, December 5th. TiVo’s dividend payout ratio (DPR) is presently -184.62%.
TIVO has been the subject of a number of analyst reports. B. Riley set a $31.00 price objective on shares of TiVo and gave the company a “buy” rating in a report on Tuesday, August 1st. Cowen Inc restated a “buy” rating and set a $30.00 price objective on shares of TiVo in a report on Thursday, August 3rd. ValuEngine cut shares of TiVo from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Jefferies Group LLC reiterated a “buy” rating and issued a $18.00 price target on shares of TiVo in a report on Thursday, September 21st. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $25.00 price target on shares of TiVo in a report on Friday, November 3rd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $27.60.
In other news, insider Dustin Finer sold 11,881 shares of the business’s stock in a transaction on Friday, September 29th. The shares were sold at an average price of $20.00, for a total value of $237,620.00. Following the sale, the insider now owns 41,524 shares of the company’s stock, valued at $830,480. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Pamela A. Sergeeff sold 3,147 shares of the business’s stock in a transaction on Friday, September 29th. The stock was sold at an average price of $20.00, for a total transaction of $62,940.00. Following the completion of the sale, the executive vice president now directly owns 89,976 shares in the company, valued at approximately $1,799,520. The disclosure for this sale can be found here. 3.57% of the stock is owned by corporate insiders.
TiVo Company Profile
TiVo Corporation is engaged in offering media and entertainment products. The Company operates through two segments: Intellectual Property Licensing and Product. The Company’s Product segment includes a suite of component technologies that can be integrated into media service provider internally developed platforms or deployed as an integrated TiVo solution.
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