TiVo (NASDAQ:TIVO) Receiving Somewhat Favorable Media Coverage, Analysis Shows

News stories about TiVo (NASDAQ:TIVO) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. TiVo earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.6158454190295 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:

A number of research firms have recently weighed in on TIVO. ValuEngine upgraded shares of TiVo from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. B. Riley reissued a “buy” rating and set a $31.00 target price on shares of TiVo in a research report on Monday, October 9th. Jefferies Group reissued a “buy” rating and set a $18.00 price target on shares of TiVo in a research report on Thursday, September 21st. Zacks Investment Research downgraded shares of TiVo from a “hold” rating to a “strong sell” rating in a research note on Friday, January 5th. Finally, Piper Jaffray Companies reissued a “buy” rating and set a $25.00 price objective on shares of TiVo in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. TiVo has a consensus rating of “Buy” and a consensus target price of $22.75.

Shares of TiVo (NASDAQ TIVO) opened at $14.90 on Thursday. The stock has a market cap of $1,820.00, a PE ratio of -38.21, a price-to-earnings-growth ratio of 1.19 and a beta of 0.11. 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 has a 52-week low of $13.75 and a 52-week high of $21.75.

TiVo (NASDAQ:TIVO) last released its earnings results on Thursday, November 2nd. The technology company reported ($0.14) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.07). TiVo had a negative net margin of 5.39% and a positive return on equity of 4.72%. The business had revenue of $197.90 million for the quarter, compared to the consensus estimate of $190.83 million. During the same period in the prior year, the business posted $0.59 EPS. TiVo’s revenue for the quarter was up 29.3% on a year-over-year basis. equities analysts predict that TiVo will post 1.25 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th were given a dividend of $0.18 per share. The ex-dividend date was Tuesday, December 5th. This represents a $0.72 annualized dividend and a yield of 4.83%. TiVo’s dividend payout ratio (DPR) is -184.62%.

In other news, CEO Enrique Rodriguez purchased 55,974 shares of the company’s stock in a transaction on Friday, December 1st. The stock was acquired at an average cost of $17.86 per share, for a total transaction of $999,695.64. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.57% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for TiVo (NASDAQ:TIVO)

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