Rovi Corporation (NASDAQ:ROVI) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.4 by 5 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Rovi Corporation (NASDAQ:ROVI): 3 Analyst have given the stock of Rovi Corporation (NASDAQ:ROVI) a near short term price target of $30. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $1.73. The higher price target estimate is at $32 while the lower price estimates are fixed at $29.
Rovi Corporation (NASDAQ:ROVI) rose 0.57% or 0.1 points on Tuesday and made its way into the gainers of the day. After trading began at $17.6 the stock was seen hitting $17.8 as a peak level and $17.54 as the lowest level. The stock ended up at $17.69. The daily volume was measured at 1,210,932 shares. The 52-week high of the share price is $23.6964 and the 52-week low is $8.01. The company has a market cap of $1,474 million.
Shares of Rovi Corporation rose by 9.67% in the last five trading days and 7.34% for the last 4 weeks. Rovi Corporation has dropped 15.96% during the last 3-month period . Year-to-Date the stock performance stands at 6.18%.
Rovi Corporation is a digital entertainment technology company. The Company is focused on content discovery and personalization through its technology and intellectual property, using data and analytics to monetize interactions across various entertainment platforms. Content discovery solutions include interactive program guides (IPGs), search and recommendations, cloud data services and its database of metadata, which includes descriptive information, promotional images or other content that describe or relate to Television shows, videos, movies, music, books, games or other entertainment content. The Company also offers advertising and analytics services. The Company operates under the following segments: Intellectual Property Licensing, Products and Corporate. Its solutions are deployed around the world in the cable, satellite, consumer electronics, entertainment, media and online distribution markets.