TiVo (NASDAQ:TIVO) posted its earnings results on Tuesday, February 27th. The technology company reported ($0.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.30), reports. The company had revenue of $214.24 million for the quarter, compared to the consensus estimate of $212.24 million. TiVo had a negative net margin of 4.59% and a positive return on equity of 4.02%.
TiVo (TIVO) traded up $0.08 on Tuesday, reaching $14.55. The company’s stock had a trading volume of 1,566,766 shares, compared to its average volume of 1,450,251. The firm has a market capitalization of $1,790.00, a P/E ratio of 44.09, a price-to-earnings-growth ratio of 1.14 and a beta of -0.17. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.54 and a quick ratio of 2.48. TiVo has a 12-month low of $12.75 and a 12-month high of $20.17.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Wednesday, March 7th will be given a $0.18 dividend. The ex-dividend date is Tuesday, March 6th. This represents a $0.72 dividend on an annualized basis and a yield of 4.95%. TiVo’s dividend payout ratio (DPR) is 218.18%.
TIVO has been the subject of several analyst reports. Zacks Investment Research downgraded TiVo from a “hold” rating to a “strong sell” rating in a research report on Friday, January 5th. B. Riley downgraded TiVo from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $24.00 to $18.00 in a research report on Wednesday, December 13th. 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 objective for the company. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $23.50.
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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