Key Points
- ITV insider Chris Kennedy sold 396,282 shares on Wednesday, May 13, at an average price of GBX 78, for total proceeds of about £309,100.
- ITV’s shares were trading at GBX 77.05 at the time of the report, near both its 50-day and 200-day moving averages, with a market cap of £2.88 billion.
- Analysts remain cautiously positive on ITV, with Deutsche Bank reiterating a hold rating and a GBX 90 target, while MarketBeat shows a consensus “Moderate Buy” and a GBX 97.50 price target.
ITV plc (LON:ITV - Get Free Report) insider Chris Kennedy sold 396,282 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of GBX 78, for a total transaction of £309,099.96.
ITV Price Performance
Shares of LON:ITV opened at GBX 77.05 on Friday. The company has a market cap of £2.88 billion, a price-to-earnings ratio of 13.28, a PEG ratio of -0.53 and a beta of 0.82. The company has a debt-to-equity ratio of 48.72, a current ratio of 1.23 and a quick ratio of 0.83. The firm has a 50 day simple moving average of GBX 79.43 and a 200 day simple moving average of GBX 79.58. ITV plc has a one year low of GBX 65.70 and a one year high of GBX 88.90.
ITV (LON:ITV - Get Free Report) last issued its quarterly earnings data on Thursday, March 5th. The broadcaster reported GBX 8.50 EPS for the quarter. ITV had a net margin of 7.28% and a return on equity of 11.42%. Research analysts predict that ITV plc will post 1120 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a GBX 90 price target on shares of ITV in a research note on Friday. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, ITV presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 97.50.
Check Out Our Latest Analysis on ITV
ITV Company Profile
(
Get Free Report)
ITV is a producer, streamer and broadcaster, consisting of ITV Studios and Media & Entertainment (M&E).
ITV Studios is a scaled global creator, owner and distributor of high-quality TV content, producing some of the most successful shows in the world. It operates in 13 countries, across 60+ labels and is diversified by genre, geography and customer in the key creative markets around the world.
Media & Entertainment is the largest commercial streamer and broadcaster. Through M&E, we make brilliant British-focused content available on ITVX - our free, advertiser-funded streaming service - alongside our free-to-air linear TV channels.
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