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TiVo Inc., together with its subsidiaries, provides technology and services for television solutions, including digital video recorders (DVRs) and connected televisions in the United States and internationally. TiVo Inc (NASDAQ:TIVO) is scheduled to report its first quarter earnings results on May 30, 2012, after market close.

Technical Overview

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Tivo has a market cap of $1.13 billion and is currently trading at around $9.28, with a 52-week range of $7.06 to $12.37. The stock has a 3.46% price performance for the year 2012. The following table provides the key financial ratios for Tivo:

Key Ratio

Value

Current Ratio

4.45

PEG

0.32

P/E

12.89

Profit Margin

42.89%

Return On Assets (ROA)

20.32%

Return On Equity (ROE)

42.41%

Recent News

  • On April 13, 2012, TiVo announced that an Australia Federal Court ruling had acknowledged TiVo's worldwide recognition and upheld the exclusive rights of the TiVo trademark. This decision, against VIVO International Corporation Pty Ltd, an Australian-based television manufacturer, vindicates the broad and enforceable nature of TiVo's worldwide trademark rights at a time when TiVo continues to drive impressive, international subscriber growth.
  • On March 16, 2012, Tivo announced that Chief Technology Officer James Barton had resigned from the video-recording company.
  • On March 02, 2012, ONO, the largest cable operator in Spain and a leading provider of broadband communication and entertainment services, and TiVo announced that following their initial launch in Madrid and Barcelona, its next generation hybrid television offering is now available to ONO fiber optic subscribers in Valencia.
  • On February 27, 2012, TiVo released an enhanced version of its syndicated Stop||Watch ratings service that will provide brands, advertisers and networks with next-day access to second-by-second viewership data aggregated anonymously from approximately 300,000 TiVo DVRs.

Analyst Guidance and Earnings History

First quarter revenues are expected to be $54.89 million compared with $38.84 million for the same quarter last year. Earnings per share for the first quarter are expected to come in at a loss of 15 cents a share, down from $1.04 a share in the year-ago period.

The average analysts' price target for Tivo is $15.23, while the average rating is OVERWEIGHT.

In the last four quarters, Tivo has met or exceeded EPS estimates all four times. The following chart shows history of analyst estimates and the actual EPS results:

Sources: Some of the data is taken from Google Finance, Yahoo Finance, Finviz and investor sites

Source: Earnings Preview: TiVo

Additional disclosure: I change my positions very frequently and may initiate either long or short positions in the above mentioned stocks at any time.

Disclaimer: I am not a registered investment advisor and do not provide specific investment advice. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion. It is up to investors to make the correct decision after necessary research.