ITV (ITV) Hits New 52-Week Low at $141.40

Shares of ITV plc (LON:ITV) reached a new 52-week low on Thursday . The company traded as low as GBX 141.40 ($1.95) and last traded at GBX 144.75 ($2.00), with a volume of 16184644 shares traded. The stock had previously closed at GBX 142.90 ($1.97).

A number of analysts have weighed in on ITV shares. Liberum Capital reiterated a “buy” rating and issued a GBX 330 ($4.56) target price on shares of ITV in a research note on Monday, November 27th. Deutsche Bank reiterated a “hold” rating and issued a GBX 180 ($2.49) target price on shares of ITV in a research note on Monday, December 4th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 210 ($2.90) target price on shares of ITV in a research note on Wednesday, January 24th. Shore Capital reiterated a “buy” rating on shares of ITV in a research note on Thursday, January 25th. Finally, Societe Generale restated a “sell” rating and set a GBX 150 ($2.07) price target on shares of ITV in a research note on Friday, January 26th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 192.93 ($2.67).

How to Become a New Pot Stock Millionaire

The stock has a market cap of $5,950.00 and a P/E ratio of 1,454.00.

ITV (LON:ITV) last issued its quarterly earnings data on Wednesday, February 28th. The broadcaster reported GBX 16 ($0.22) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 15.70 ($0.22) by GBX 0.30 ($0.00). ITV had a return on equity of 73.04% and a net margin of 12.37%. The company had revenue of GBX 313.20 billion for the quarter.

The business also recently disclosed a dividend, which will be paid on Thursday, May 24th. Investors of record on Thursday, April 12th will be given a dividend of GBX 5.28 ($0.07) per share. The ex-dividend date is Thursday, April 12th. This represents a yield of 3.4%. This is an increase from ITV’s previous dividend of $2.52.

In related news, insider Roger Faxon acquired 1,950 shares of the company’s stock in a transaction that occurred on Friday, December 29th. The shares were bought at an average price of GBX 164 ($2.27) per share, with a total value of £3,198 ($4,418.35). Also, insider Carolyn McCall acquired 96,583 shares of the company’s stock in a transaction that occurred on Friday, March 2nd. The shares were bought at an average cost of GBX 154 ($2.13) per share, for a total transaction of £148,737.82 ($205,495.74). In the last ninety days, insiders have purchased 100,546 shares of company stock worth $15,529,753.

ILLEGAL ACTIVITY WARNING: “ITV (ITV) Hits New 52-Week Low at $141.40” was reported by Ticker Report and is owned by of Ticker Report. If you are accessing this report on another publication, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this report can be read at https://www.tickerreport.com/banking-finance/3294702/itv-itv-hits-new-52-week-low-at-141-40.html.

ITV Company Profile

ITV plc (ITV) is an integrated producer broadcaster. The Company creates, owns and distributes content on multiple platforms. It operates through two segments: Broadcast & Online and ITV Studios. The Broadcast & Online segment operates the commercial family of channels in the United Kingdom and delivers content through television broadcasting.

Receive News & Ratings for ITV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITV and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Brokerages Anticipate Intrexon  to Announce -$0.24 Earnings Per Share
Brokerages Anticipate Intrexon to Announce -$0.24 Earnings Per Share
Mint  Director Vishy Karamadam Buys 33,333 Shares
Mint Director Vishy Karamadam Buys 33,333 Shares
Spectrum Pharmaceuticals  Director Rajesh C. Md Shrotriya Sells 30,000 Shares
Spectrum Pharmaceuticals Director Rajesh C. Md Shrotriya Sells 30,000 Shares
GATX  Expected to Announce Quarterly Sales of $341.17 Million
GATX Expected to Announce Quarterly Sales of $341.17 Million
Zacks: Northrim BanCorp, Inc.  Receives Average Recommendation of “Hold” from Brokerages
Zacks: Northrim BanCorp, Inc. Receives Average Recommendation of “Hold” from Brokerages
Global Jobcoin  Price Hits $0.0843 on Major Exchanges
Global Jobcoin Price Hits $0.0843 on Major Exchanges


© 2006-2018 Ticker Report. Google+.