TiVo Inc. (TIVO)’s CEO Gives The Stock A Vote Of Confidence After A Poor June

We can also compare TiVo to Google Inc (NASDAQ:GOOG) and Time Warner Cable Inc (NYSE:TWC), as competitors. These two companies feature forward earnings multiples of 17 and 14, respectively, making them moderately priced compared to the other stocks we’ve discussed on that basis. In Google’s case this multiple incorporates significant earnings growth (the trailing P/E is 26), though as the advertising business improves and the Motorola Mobility business has become better integrated into the company net income was up 16% in its last quarterly report compared to the first quarter of 2012. Time Warner Cable’s recent results have been more modest, with reports showing revenue and earnings rising about 5% from their levels a year ago. However, markets have considerably lower expectations as a result and so it trades at 16 times trailing earnings.

Google Inc (NASDAQ:GOOG) and Time Warner Cable Inc (NYSE:TWC) are therefore growing enough in terms of their current valuation that they might be worth considering. Netflix and Sony Corporation (ADR) (NYSE:SNE), on the other hand, sound quite challenging in terms of valuation and we are wary of putting too much faith in Loeb to succeed in his moves at Sony. As for TiVo Inc. (NASDAQ:TIVO), it’s apparent that the company is not performing well as it currently stands and it’s possible that markets are looking for it to be acquired- not a thesis we generally have faith in. Therefore, even with the CEO buying the stock we’d recommend against getting too interested in TiVo at this time.

Disclosure: I own no shares of any stocks mentioned in this article.