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.
For all our Rovi-specific analysis, including earnings and beyond, add Rovi to My Watchlist.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
3 Stocks Billionaires Are Buying
Billionaire investors Warren Buffett, George Soros, and Carl Icahn recently made these big bets.
How Rovi Corp. Gained 20% in July
Investors shrugged off a strong earnings report, as the entertainment technologist's shares were already on the upswing.
Why Rovi Corporation Shares Plunged Today
The entertainment patent company was forced to file a new infringement lawsuit.