What analysts say:
- Buy, sell, or hold?: Analysts strongly back Rovi, with 11 of 13 rating it a buy and the remainder rating it a hold. Analysts don't like Rovi as much as competitor Apple overall. Analysts still rate the stock a Moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue Forecasts: On average, analysts predict $197.9 million in revenue this quarter. That would represent a rise of 43.4% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of 46 cents per share. Estimates range from 39 cents to 52 cents.
What our community says:
CAPS All Stars are solidly backing the stock with 89.7% giving it an "outperform" rating. The community at large concurs with the All Stars with 85% granting it a rating of "outperform." Fools have embraced Rovi, though the message boards have been quiet lately with only 53 posts in the past 30 days. Rovi's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
Revenue has now gone up for three straight quarters. The company's gross margin shrank by 4.7 percentage points in the last quarter. Revenue rose 43.2% while cost of sales rose 99.3% to $31.9 million from a year earlier.
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