Equities analysts expect TiVo Corp (NASDAQ:TIVO) to announce sales of $161.50 million for the current fiscal quarter, according to Zacks. Three analysts have made estimates for TiVo’s earnings, with the lowest sales estimate coming in at $159.73 million and the highest estimate coming in at $164.96 million. TiVo reported sales of $172.86 million in the same quarter last year, which indicates a negative year-over-year growth rate of 6.6%. The business is scheduled to announce its next earnings report after the market closes on Wednesday, July 31st.

According to Zacks, analysts expect that TiVo will report full-year sales of $647.57 million for the current year, with estimates ranging from $642.49 million to $650.17 million. For the next year, analysts expect that the business will report sales of $672.14 million, with estimates ranging from $668.45 million to $675.82 million. Zacks’ sales averages are a mean average based on a survey of research analysts that follow TiVo.

TiVo (NASDAQ:TIVO) last issued its quarterly earnings results on Thursday, May 9th. The technology company reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.07). The firm had revenue of $158.20 million during the quarter, compared to analysts’ expectations of $158.21 million. TiVo had a positive return on equity of 2.49% and a negative net margin of 53.94%. TiVo’s revenue for the quarter was down 16.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.31 earnings per share.

A number of research analysts have weighed in on TIVO shares. B. Riley set a $18.00 target price on TiVo and gave the company a “buy” rating in a report on Friday, July 12th. BidaskClub raised Winmark from a “sell” rating to a “hold” rating in a report on Tuesday, May 14th. TheStreet downgraded Wayside Technology Group from a “b-” rating to a “c” rating in a report on Wednesday, May 22nd. Finally, Zacks Investment Research downgraded HEXO from a “hold” rating to a “sell” rating in a report on Wednesday, May 15th. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. TiVo has an average rating of “Hold” and a consensus price target of $14.75.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. grew its holdings in TiVo by 4.1% during the 4th quarter. BlackRock Inc. now owns 17,646,075 shares of the technology company’s stock valued at $166,050,000 after buying an additional 693,436 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of TiVo by 12.1% in the 4th quarter. Bank of New York Mellon Corp now owns 2,790,188 shares of the technology company’s stock worth $26,255,000 after purchasing an additional 301,222 shares during the period. Segall Bryant & Hamill LLC lifted its stake in shares of TiVo by 1.5% during the 4th quarter. Segall Bryant & Hamill LLC now owns 2,325,772 shares of the technology company’s stock worth $21,886,000 after acquiring an additional 34,460 shares during the last quarter. Thompson Siegel & Walmsley LLC lifted its stake in shares of TiVo by 18.2% during the 1st quarter. Thompson Siegel & Walmsley LLC now owns 2,324,671 shares of the technology company’s stock worth $21,666,000 after acquiring an additional 357,383 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of TiVo by 14.3% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,996,070 shares of the technology company’s stock worth $14,709,000 after acquiring an additional 249,674 shares during the last quarter. 93.53% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ TIVO traded down $0.05 during trading on Wednesday, reaching $7.18. The company had a trading volume of 537,899 shares, compared to its average volume of 1,054,863. TiVo has a 12-month low of $6.61 and a 12-month high of $14.20. The stock has a market cap of $905.96 million, a PE ratio of 14.36 and a beta of 0.20. The business’s 50-day moving average is $7.11. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.95 and a current ratio of 0.97.

TiVo Company Profile

TiVo Corporation provides media and entertainment products for the consumer entertainment industry worldwide. The company operates in two segments, Product and Intellectual Property Licensing. The Product segment offers platform solutions, such as TiVo Service Platform, a cloud-based service that powers the TiVo Service client software, which operates on set-top boxes in consumer homes, as well as applications that operate on third party software platforms, such as iOS and Android; user experience solutions that allow service providers to customize elements of the interactive program guides for their customers, as well as to upgrade their programming features and services under the G-GUIDE brand; and CubiTV and TiVo Lite middleware solutions for pay TV service providers comprising cable, satellite, terrestrial, and telecommunications operators.

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Earnings History and Estimates for TiVo (NASDAQ:TIVO)

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