Tivo Stock Falls On Unusually High Volume (TIVO)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Tivo (Nasdaq: TIVO) is trading at unusually high volume Tuesday with 5.6 million shares changing hands. It is currently at two times its average daily volume and trading down 24 cents (-2.2%) at $10.78 as of 3:41 p.m. ET.

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Tivo has a market cap of $1.41 billion and is part of the services sector and media industry. Shares are down 9.8% year to date as of the close of trading on Monday.

TiVo Inc., together with its subsidiaries, provides software and service technology that enables the distribution of video content on digital video recorders (DVRs), non-DVR set-top boxes (STB), computers, smartphones, and tablets in the United States and internationally. The company has a P/E ratio of 277.5, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Tivo as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. You can view the full Tivo Ratings Report.

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