ITV plc (LON:ITV - Get Free Report) insider Chris Kennedy sold 398,708 shares of the business's stock in a transaction on Monday, April 7th. The shares were sold at an average price of GBX 68 ($0.87), for a total transaction of £271,121.44 ($346,436.80).
ITV Price Performance
Shares of LON ITV opened at GBX 69.55 ($0.89) on Wednesday. The company has a debt-to-equity ratio of 46.00, a current ratio of 1.56 and a quick ratio of 0.83. The stock has a market capitalization of £2.68 billion, a price-to-earnings ratio of 6.35, a PEG ratio of -0.53 and a beta of 1.44. The firm's 50 day simple moving average is GBX 75.56 and its 200-day simple moving average is GBX 74.14. ITV plc has a 12 month low of GBX 61.29 ($0.78) and a 12 month high of GBX 89 ($1.14).
ITV (LON:ITV - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The broadcaster reported GBX 9.60 ($0.12) EPS for the quarter. ITV had a net margin of 12.11% and a return on equity of 23.62%. Analysts expect that ITV plc will post 1120 EPS for the current year.
ITV Cuts Dividend
The firm also recently declared a dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, April 10th will be paid a GBX 3.30 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a dividend yield of 4.15%. ITV's dividend payout ratio is presently 45.68%.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. reissued an "overweight" rating and issued a GBX 115 ($1.47) price objective on shares of ITV in a report on Wednesday, March 12th.
View Our Latest Research Report on ITV
ITV Company Profile
(
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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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