Analyst Ratings for Rovi Corporation (ROVI)Updated: 2016-09-04
Investment analysts gave a few price targets for ROVI. The maximum price target given was 34, implying potential capital gains of 58.07 percent. The most pessimistic price target was 20, which equates to a potential downside of -7.02 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 5.71 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -33.93 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.96 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -6.12 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
In the last 52-weeks, ROVI has achieved a high of 23.70 and a low of 8.01. Currently the stock is 168.54 percent higher than its low, and 9.24 percent lower than its 52-week high. ROVI has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The ROVI value stock report compares ROVI to some of its peers using value stock charts. The stock has a market capitalization of $1.87 billion. ROVI will post this quarters earnings in -755 days, on 2016-10-26.