ITV plc (LON:ITV - Get Free Report) insider Sharmila Nebhrajani purchased 11,930 shares of the company's stock in a transaction that occurred on Friday, April 11th. The shares were purchased at an average cost of GBX 67 ($0.88) per share, for a total transaction of £7,993.10 ($10,539.43).
ITV Stock Up 6.0 %
LON:ITV opened at GBX 71.35 ($0.94) on Tuesday. The company has a current ratio of 1.56, a quick ratio of 0.83 and a debt-to-equity ratio of 46.00. The stock has a 50 day moving average of GBX 74.90 and a 200-day moving average of GBX 73.67. The firm has a market capitalization of £2.75 billion, a PE ratio of 6.52, a price-to-earnings-growth ratio of -0.53 and a beta of 1.44. ITV plc has a 52 week low of GBX 61.29 ($0.81) and a 52 week high of GBX 89 ($1.17).
ITV (LON:ITV - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The broadcaster reported GBX 9.60 ($0.13) EPS for the quarter. ITV had a return on equity of 23.62% and a net margin of 12.11%. Analysts predict that ITV plc will post 1120 EPS for the current year.
ITV Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, April 10th will be issued a GBX 3.30 ($0.04) dividend. The ex-dividend date is Thursday, April 10th. This represents a dividend yield of 4.15%. ITV's dividend payout ratio (DPR) is presently 45.68%.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 115 ($1.52) target price on shares of ITV in a report on Wednesday, March 12th.
Check Out Our Latest Research 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.
