ITV (LON:ITV) Announces Quarterly Earnings Results

ITV (LON:ITV) released its quarterly earnings data on Thursday. The broadcaster reported GBX 9.60 ($0.12) EPS for the quarter, Digital Look Earnings reports. ITV had a return on equity of 23.62% and a net margin of 12.11%.

ITV Stock Performance

LON ITV opened at GBX 77.10 ($0.99) on Friday. The company has a market cap of £2.97 billion, a P/E ratio of 7.04, a P/E/G ratio of -0.53 and a beta of 1.44. The company has a debt-to-equity ratio of 46.00, a quick ratio of 0.83 and a current ratio of 1.56. The business’s 50 day moving average price is GBX 72.83 and its 200-day moving average price is GBX 74.56. ITV has a fifty-two week low of GBX 61.29 ($0.79) and a fifty-two week high of GBX 89 ($1.15).

Wall Street Analyst Weigh In

ITV has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price target on ITV from GBX 114 ($1.47) to GBX 115 ($1.48) and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Citigroup reaffirmed a “buy” rating on shares of ITV in a research report on Thursday, December 5th. Finally, Shore Capital reaffirmed a “buy” rating on shares of ITV in a research report on Thursday, November 7th.

About ITV

ITV is a vertically integrated producer broadcaster and streamer, consisting of ITV Studios and Media & Entertainment.

ITV Studios is a scaled and global creator, owner and distributor of high-quality TV content. It operates in 12 countries, across 60+ labels and has a global distribution network.