ITV plc (LON:ITV - Get Free Report) insider Sharmila Nebhrajani bought 11,930 shares of the firm's stock in a transaction on Friday, April 11th. The shares were bought at an average cost of GBX 67 ($0.89) per share, for a total transaction of £7,993.10 ($10,605.15).
ITV Trading Down 1.4 %
Shares of ITV stock traded down GBX 1.05 ($0.01) on Friday, reaching GBX 75.50 ($1.00). 25,875,461 shares of the company's stock were exchanged, compared to its average volume of 28,805,705. ITV plc has a 52 week low of GBX 61.29 ($0.81) and a 52 week high of GBX 89 ($1.18). The company has a market capitalization of £2.91 billion, a P/E ratio of 6.90, a price-to-earnings-growth ratio of -0.53 and a beta of 1.44. The firm's 50-day moving average is GBX 74.91 and its two-hundred day moving average is GBX 73.60. The company has a debt-to-equity ratio of 46.00, a quick ratio of 0.83 and a current ratio of 1.56.
ITV (LON:ITV - Get Free Report) last announced its earnings results on Thursday, March 6th. The broadcaster reported GBX 9.60 ($0.13) EPS for the quarter. ITV had a net margin of 12.11% and a return on equity of 23.62%. Sell-side analysts predict that ITV plc will post 1120 EPS for the current fiscal year.
ITV Cuts Dividend
The firm also recently announced a dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, April 10th will be given a dividend of GBX 3.30 ($0.04) per share. This represents a yield of 4.15%. The ex-dividend date of this dividend is Thursday, April 10th. ITV's payout ratio is 45.68%.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and set a GBX 115 ($1.53) price target on shares of ITV in a report on Wednesday, March 12th.
Check Out Our Latest Report on ITV
ITV Company Profile
(
Get Free Report)
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.
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