TiVo (NASDAQ: TIVO) was downgraded by equities researchers at Lazard Capital Markets from a “buy” rating to a “neutral” rating in a research report issued on Friday, TheFlyOnTheWall.com reports.
A number of other analysts have also recently weighed in on TIVO. Analysts at Barclays Capital raised their price target on shares of TiVo from $13.00 to $16.00 in a research note to investors on Friday, May 24th. They now have an “overweight” rating on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of TiVo in a research note to investors on Tuesday, May 21st. They now have a $17.00 price target on the stock, up previously from $16.00. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of TiVo in a research note to investors on Tuesday, May 21st. They now have a $17.00 price target on the stock, up previously from $16.00.
Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. TiVo presently has a consensus rating of “Buy” and a consensus price target of $14.92.
Shares of TiVo (NASDAQ: TIVO) traded down 0.54% during mid-day trading on Friday, hitting $11.04. TiVo has a 52 week low of $7.75 and a 52 week high of $13.49. The stock’s 50-day moving average is currently $12.03. The company has a market cap of $1.398 billion and a P/E ratio of 292.11.
TiVo (NASDAQ: TIVO) last issued its quarterly earnings data on Monday, May 20th. The company reported ($0.09) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.15) by $0.06. The company had revenue of $61.80 million for the quarter, compared to the consensus estimate of $61.88 million. During the same quarter in the prior year, the company posted ($0.17) earnings per share. The company’s quarterly revenue was up 13.4% on a year-over-year basis. On average, analysts predict that TiVo will post $-0.30 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.