Analysts predict that TiVo Corp (NASDAQ:TIVO) will report $175.12 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for TiVo’s earnings, with estimates ranging from $165.53 million to $182.40 million. TiVo reported sales of $197.90 million in the same quarter last year, which indicates a negative year over year growth rate of 11.5%. The business is expected to announce its next quarterly earnings results on Thursday, November 1st.

According to Zacks, analysts expect that TiVo will report full-year sales of $728.67 million for the current fiscal year, with estimates ranging from $707.98 million to $756.86 million. For the next year, analysts forecast that the company will post sales of $721.60 million per share, with estimates ranging from $716.45 million to $726.75 million. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that that provide coverage for TiVo.

TiVo (NASDAQ:TIVO) last posted its earnings results on Thursday, May 10th. The technology company reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.03). The business had revenue of $189.80 million during the quarter, compared to the consensus estimate of $195.72 million. TiVo had a positive return on equity of 3.05% and a negative net margin of 4.75%. The firm’s revenue for the quarter was down 7.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.45 EPS.

A number of research firms have commented on TIVO. ValuEngine lowered TiVo from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 2nd. BidaskClub lowered TiVo from a “sell” rating to a “strong sell” rating in a report on Friday, May 4th. Zacks Investment Research lowered TiVo from a “hold” rating to a “strong sell” rating in a report on Thursday, May 3rd. Finally, JPMorgan Chase & Co. reduced their target price on TiVo from $30.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $22.58.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Legal & General Group Plc grew its holdings in shares of TiVo by 19.5% in the second quarter. Legal & General Group Plc now owns 309,828 shares of the technology company’s stock worth $4,183,000 after acquiring an additional 50,566 shares during the period. BlackRock Inc. grew its holdings in shares of TiVo by 2.8% in the second quarter. BlackRock Inc. now owns 16,406,549 shares of the technology company’s stock worth $220,667,000 after acquiring an additional 445,921 shares during the period. Gagnon Securities LLC bought a new stake in shares of TiVo in the second quarter worth $402,000. Royce & Associates LP grew its holdings in shares of TiVo by 139.5% in the second quarter. Royce & Associates LP now owns 239,762 shares of the technology company’s stock worth $3,225,000 after acquiring an additional 139,653 shares during the period. Finally, Paradigm Capital Management Inc. NY bought a new stake in shares of TiVo in the second quarter worth $3,538,000. 91.27% of the stock is owned by institutional investors.

Shares of TiVo remained flat at $$12.35 on Monday, Marketbeat reports. The company’s stock had a trading volume of 1,041,419 shares, compared to its average volume of 784,208. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 12.60 and a beta of -0.36. TiVo has a twelve month low of $11.30 and a twelve month high of $20.17. The company has a current ratio of 3.34, a quick ratio of 3.25 and a debt-to-equity ratio of 0.52.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 20th. Investors of record on Thursday, September 6th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 5.83%. The ex-dividend date is Wednesday, September 5th. TiVo’s payout ratio is currently 73.47%.

About TiVo

TiVo Corporation provides entertainment technology and audience insights worldwide. Its Intellectual Property Licensing segment licenses its patent portfolio to multi-channel video service providers, including cable, satellite, and Internet-protocol television providers; set-top box manufacturers; and interactive television software and program guide providers in the online, over-the-top (OTT) video, and mobile phone businesses, as well as consumer electronics (CE) manufacturers.

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