Analyst Ratings for Rovi Corporation (ROVI)Updated: 2016-09-04
Investment analysts gave a few price targets for ROVI. The most optimistic analyst gave a price target of 34, implying a possible profit of 58.07 percent. The minimum price target given was 20, implying a possible loss of -7.02 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.96 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -6.12 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. 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. The current market price is above the trailing year's low by 168.54 percent, and below the high by 9.24 percent. 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 -812 days, on 2016-10-26.