The leading market experts have placed a mean price target of $30.50 on Rovi Corporation (NASDAQ:ROVI) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.41 a share for the upcoming quarter and $1.57 for the current fiscal.
The technical analysis of Rovi Corporation plainly substantiates that the 50-day moving average of Rovi Corporation is $17.89, and stock is trading $2.26 points away or +12.63% from its 50-day moving average of $17.89. Further it is trading $1.74 or +9.46% away its 200-day moving average of $18.41. Rovi Corporation (NASDAQ:ROVI) 52-week high is $23.70 and the 52-week low is $8.01.
This explains if the stock moves $-3.55, it will post a 52-week high. In event of +151.56% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Rovi Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Rovi Corporation (NASDAQ:ROVI) ratio came in at N/A.
The stock last ended the trading session at $20.15 and registered a market cap of $1.65B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Rovi Corporation (NASDAQ:ROVI) PEG ratio is at 1.06.
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