Streetbeat News

ITVPF

ITV

http://www.itvplc.com/

CEO

Carolyn McCall

Industry

Radio Networks

Open

1.02

Mkt cap

3.4B

Volume

300

High

1.02

P/E Ratio

7.08

52-wk high

1.10

Low

0.92

Div yield

0.06

52-wk low

0.72

ITV, a major UK broadcaster, experienced a 3% revenue decline in 2024 but anticipates growth in 2025. The company is seen as undervalued with strong cash flow, attractive dividends, and potential takeover bids. ITV's low debt, share buybacks, and cost-cutting measures position it for EPS growth and capital appreciation.

Portfolio Pulse from

March 12, 2025 | 11:00 am

ITV PLC reported strong profit growth despite a 3% decline in revenue to £4.1 billion in 2024. Advertising revenue increased by 2%, but ITV Studios saw a 6% decline due to Hollywood strikes and reduced demand from broadcasters.

Portfolio Pulse from

March 06, 2025 | 8:00 am

ITV PLC is attracting takeover interest from several firms, including CVC Capital Partners, RedBird Capital-owned All3Media, Mediawan, and possibly Groupe TF1. ITV's full-year results are expected on March 6.

Portfolio Pulse from

February 25, 2025 | 2:15 pm

ITV is in early stage talks with RedBird IMI for a potential merger of their production businesses. This development could impact ITV's strategic positioning in the media industry.

Portfolio Pulse from

January 30, 2025 | 3:30 pm

ITV PLC is reportedly attracting interest from potential buyers due to its shares hitting multi-year lows, sparking renewed takeover speculation.

Portfolio Pulse from

November 25, 2024 | 3:00 pm

ITV PLC is reportedly a takeover target for several potential bidders, including CVC Capital Partners, All3Media, Mediawan, and possibly Groupe TF1.

Portfolio Pulse from

November 25, 2024 | 8:00 am

ITV PLC's share price dropped by 8% following a report of flat advertising revenue in Q3 and plans for £20 million in cost cuts. The company projects a modest 2.5% growth in ad revenue for the year.

Portfolio Pulse from

November 07, 2024 | 8:45 am

UK network ITV is planning an additional $26M in cost savings due to the impact of the 2023 Hollywood labor strikes, which have affected its production arm and reduced broadcaster demand.

Portfolio Pulse from

November 07, 2024 | 8:15 am

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