Somewhat Positive Media Coverage Somewhat Unlikely to Impact TiVo (TIVO) Stock Price

Media stories about TiVo (NASDAQ:TIVO) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 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 0.10 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 45.1659805165655 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of TiVo (NASDAQ TIVO) traded down $0.30 during midday trading on Wednesday, hitting $13.95. The company had a trading volume of 1,367,172 shares, compared to its average volume of 1,320,342. The company has a quick ratio of 2.33, a current ratio of 2.38 and a debt-to-equity ratio of 0.53. The firm has a market cap of $1,740.00, a PE ratio of -35.77, a price-to-earnings-growth ratio of 1.11 and a beta of 0.11. TiVo has a twelve month low of $13.70 and a twelve month high of $21.75.

TiVo (NASDAQ:TIVO) last issued its earnings results on Thursday, November 2nd. The technology company reported ($0.14) earnings per share (EPS) for the quarter, missing the Zacks’ 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 positive return on equity of 4.72% and a negative net margin of 5.39%. The business’s revenue was up 29.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.59 earnings per share. sell-side analysts expect that TiVo will post 1.25 EPS for the current year.

TIVO has been the topic of several research analyst reports. B. Riley reiterated a “buy” rating and set a $31.00 price target on shares of TiVo in a research report on Monday, October 9th. Piper Jaffray Companies reiterated a “buy” rating and set a $25.00 price target on shares of TiVo in a research report on Friday, November 3rd. Zacks Investment Research cut TiVo from a “hold” rating to a “strong sell” rating in a research report on Friday, January 5th. Finally, BWS Financial initiated coverage on TiVo in a research report on Monday, January 22nd. They set a “buy” rating and a $25.00 price target on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $23.20.

In related news, CEO Enrique Rodriguez bought 55,974 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average cost of $17.86 per share, for a total transaction of $999,695.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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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