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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Itv Plc | LSE:ITV | London | Ordinary Share | GB0033986497 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.15 | 0.20% | 73.40 | 7,021,085 | 16:35:08 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 73.70 | 73.80 | 74.00 | 71.70 | 71.70 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Television Broadcast Station | 3.62B | 210M | 0.0535 | 13.78 | 2.88B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:47:01 | O | 258,976 | 73.486 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 11/12/2024 | 17:08 | UK RNS | ITV PLC Transaction in Own Shares |
| 10/12/2024 | 17:08 | UK RNS | ITV PLC Transaction in Own Shares |
| 06/12/2024 | 17:41 | UK RNS | ITV PLC Transaction in Own Shares |
| 05/12/2024 | 17:07 | UK RNS | ITV PLC Transaction in Own Shares |
| 04/12/2024 | 17:10 | UK RNS | ITV PLC Transaction in Own Shares |
| 03/12/2024 | 17:03 | UK RNS | ITV PLC Transaction in Own Shares |
| 02/12/2024 | 17:21 | UK RNS | ITV PLC Transaction in Own Shares |
| 02/12/2024 | 15:15 | UK RNS | ITV PLC Director/PDMR Shareholding |
| 02/12/2024 | 15:00 | UK RNS | ITV PLC Total Voting Rights |
| 29/11/2024 | 17:34 | UK RNS | ITV PLC Transaction in Own Shares |
Itv (ITV) Share Charts1 Year Itv Chart |
|
1 Month Itv Chart |
Intraday Itv Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 11/12/2024 | 21:34 | ITV Plc 2022 More Than TV | 10,118 |
| 10/12/2024 | 21:55 | ITV | 405 |
| 26/11/2024 | 12:23 | ITV 2020....investing for the future | 20,480 |
| 19/2/2024 | 09:17 | The Hunt For Red October | 8 |
| 29/10/2023 | 18:11 | ITV Plc - The POS real thread | 45 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-12-11 16:47:01 | 73.49 | 258,976 | 190,311.10 | O |
| 2024-12-11 16:35:08 | 73.40 | 8,768 | 6,435.71 | O |
| 2024-12-11 16:35:08 | 73.40 | 3,495,817 | 2,565,929.68 | UT |
| 2024-12-11 16:29:58 | 73.70 | 4 | 2.95 | AT |
| 2024-12-11 16:29:58 | 73.80 | 144 | 106.27 | AT |
| Top Posts |
|---|
Posted at 11/12/2024 08:20 by Itv Daily Update Itv Plc is listed in the Television Broadcast Station sector of the London Stock Exchange with ticker ITV. The last closing price for Itv was 73.25p.Itv currently has 3,925,219,072 shares in issue. The market capitalisation of Itv is £2,892,886,456. Itv has a price to earnings ratio (PE ratio) of 13.78. This morning ITV shares opened at 71.70p |
Posted at 08/12/2024 20:18 by bobdiamond1 Thanks for the link BigEgo.Financial journo's and the way they report, The Guardian article tells us of a surge on the recent news there may be a break up, there was no surge in the share price The share price fell to 62/63p on the latest report in early November yet there was no report of a crash, out comes a bit of news and it rises to 70p and they call it a surge. All this occurred on minimal volumes. It all goes to portray just how fickle these writers are and if history has anything to tell us, this report that says ITV is a problem for any bidder, just shows that they haven't a clue what they are reporting on. If some entity out there wants ITV they will get it, so why write the nonsense in the first place. They write about it because if something is about to happen, the writer who seems to say diddly squat about anything, gets a mention in dispatches. One reason why the old saying says buy on the rumour, sell on the news. |
Posted at 05/12/2024 15:23 by bigegoadvfn Thanks goldfinger.Well I wasn't expecting them after all the European media rumours but my 2p, not that anyone cares I'm sure(!) - at first glance Apple does not seem a natural fit for ITV. Why the hell is a massive phone company coming for a tiddly UK broadcaster? But ... (sorry to keep banging this one out) ITV do own the "ITV" or "iTV" brand globally. Yes yes Apple wanted it in the long long ago, but decided to go with "Apple TV" instead - breaking from all the other iPhone and iPad copyrights. But ... they would NOT want another media company to get their hands on "iTV". Just quietly buy it and keep it for later. 2nd ... ITV Studios America division and Apple Studios do collaborate a lot. Just look at the ITV Studios America website for the joint Franklin production - yeah that's the Apple logo right in the middle. (Franklin - Produced by ITV Studios America and Apple Studios) So 1) "iTV" brand and 2) ITV Studios - these are the things Apple would very much like to own for a couple of billion - they won't give a hoot about the broadcast business but as per recent rumours there seem to be plenty of European media outfits that would take that division off their hands and reduce their total cost. Yeah sure why not, let's throw Apple onto the pile of potential suitors too! :) |
Posted at 01/12/2024 18:27 by jimbull Goldfinger said watch for this article last week. I have cropped and pated it for those interested. Goldy says read between the lines and it endorses his latest post!!When Rivals hit the small screen this autumn, audiences flocked to Disney+ to feast on the glitzy adaptation of Jilly Cooper’s best-selling bonkbuster. Yet few viewers are likely to have realised that the series was in fact made by ITV, the public service broadcaster behind I’m A Celebrity... Get Me Out of Here! and Coronation Street. Rivals is just one of a string of recent successes for ITV Studios, the company’s production arm, which has become the jewel in its crown. Now, as traditional TV continues to be hit by falling viewer numbers and an advertising slump, suitors are beginning to spot an opportunity. Speculation is once again mounting that ITV could fall victim to a takeover, with potential bidders aiming to hive off the booming studios business from the declining broadcasting division. For Dame Carolyn McCall, the ITV boss who has struggled to turn the company around during her six years in charge, could a break-up offer a final chance to steal the limelight? To say that ITV has long been the subject of takeover chatter would be an understatement. Investment bankers recall drawing up investment memoranda for a potential sale of the broadcaster two decades ago. Yet the prospect is back at the top of the agenda as private equity giants CVC Capital Partners and RedBird IMI, the Abu Dhabi fund that recently bought Traitors producer All3Media, weigh up swoops. ITV’s lacklustre share price, which has halved over the last five years, makes it vulnerable to potential suitors. Prior to market chatter about a potential takeover, its valuation stood below £2.5bn, down from a peak of more than £11bn in 2015. The company insists it is a “bellwether Dame Carolyn McCall, chief executive of ITV Dame Carolyn McCall has struggled to turn around ITV’s fortunes during her tenure as chief executive Credit: Emmanuel Dunand/Getty However, analysts say the weak share price reflects ITV’s declining broadcasting arm and masks the true value of its more successful production business. A break-up could resolve this issue. Gill Hind, director of TV at Enders Analysis, says: “Quite clearly, ITV as a company is undervalued and ITV Studios is undervalued compared to its peers ... It’s a very strong production studio, not just in the UK but globally.” The Hollywood actors’ and writers’ strikes are expected to cost ITV Studios around £80m. Nevertheless, cost-cutting measures mean bosses still predict record profits for the full year. And while rising interest rates have taken some of the heat out of the streaming wars, demand for high-quality programming is expected to last. Would McCall be tempted to cash in on the value of ITV Studios? The former Guardian and easyJet boss, who took up the top job at ITV in 2018, has been implementing a turnaround strategy at the broadcaster in an effort to revive its fortunes. She has restructured the company with a renewed focus on streaming and launched ITVX, a new streaming service, at the end of 2022. There has also been heavy cost-cutting. ITV has announced it will cut around 200 roles, while earlier this month it extended its cost-saving target by £20m – on top of a previously-announced target of £40m. Meanwhile, McCall has set a target of growing ITV Studios by 5pc a year until 2026 and pursued a number of acquisitions, including natural history specialist Plimsoll Productions and Sherlock-maker Hartswood Films. Insiders said the company was in constant discussions to buy up small independent producers. David Tennant as Tony Baddingham in Rivals Rivals, starring David Tennant, was made by ITV Studios Credit: Robert Viglasky/PA ITV did, however, miss out on the biggest beast on the market. The company last year said it was exploring a bid for All3Media – the UK’s largest independent producer – before abandoning its pursuit just weeks later. The irony that the successful buyer, RedBird IMI, is now circling ITV is not lost on many in the industry. Regardless of McCall’s efforts, ITV remains unloved by the stock market and observers say she should take the blame. “From a shareholder point of view, she’s destroyed value significantly,” “I think she worked out fairly quickly that there wasn’t a lot she could do to get the City excited about ITV,” he says. What’s more, the outlook remains troubled. While ITVX has boosted the broadcaster’s streaming capabilities significantly, growth in digital viewing is being outpaced by the decline of traditional audiences. Advertising – the key source of revenue in ITV’s traditional business – continues to struggle, with limited prospect of a recovery as the broader outlook for economic growth looks subdued following Rachel Reeves’s Budget. Meanwhile, Netflix is stealing a march on advertising following the launch of its ad tier while the future of the BBC, ITV’s biggest competitor, looks more secure under a Labour Government. As a result, a break-up or sale may now present an attractive option as McCall scrambles for direction. “They’ve basically tried everything,” says DeGroote. “I suspect Carolyn McCall, even though she’s pocketing seven figures a year, is probably throwing in the towel now.” Sources close to ITV argue that the company’s overall advertising revenue is higher now than in the year before McCall joined. They add that her previous track record proves her to be a committed chief executive focused on a long-term approach. The 2022 cast of I'm a Celebrity... Get Me Out of Here! I’m a Celebrity... Get Me Out of Here! is one of ITV’s flagship shows Credit: Joel Anderson/ITV Impetus for a deal could yet come from shareholders. Silchester International Investors, a media-shy Mayfair fund, raised eyebrows in February when it took a £120m in ITV, making it one of the company’s largest shareholders. Meanwhile, speculation is rife about what Liberty Global – ITV’s biggest investor with a 10pc stake – might be planning. The company, which was a co-owner of All3Media prior to the sale to RedBird IMI, is thought to have considered a potential takeover of ITV. Industry sources suggested that Liberty, which is controlled by cable cowboy John Malone, could look to combine the broadcaster’s TV arm with Virgin Media, which it also co-owns, boosting its credentials as an entertainment provider. Liberty Global declined to comment, while ITV insiders insisted shareholders fully supported the company’s strategy. Nevertheless, Ian Lance, a partner at ITV shareholder Redwheel, said he believed the current share price did not reflect the value of the studios business, adding that he had discussed the issue with ITV bosses. He said: “With the share price languishing back down at 70p, we trust that the directors will be exploring all avenues to demonstrate the true value of the business.” Any break-up would not be straightforward. ITV has just renewed its licence with Ofcom in a move that guarantees its position on channel three for the next 10 years. But the move also binds the company to its public service broadcasting obligations, including a requirement to provide regional programming to the ITV Network, a patchwork of local franchises. Such obligations could be off-putting to a commercial buyer. Sir Keir Starmer speaks during the ITV general election debate ITV’s news arm hosted an election debate earlier this year Credit: Jonathan Hordle/ITV One mooted option is that CVC could snap up ITV Studios while a European broadcaster such as France’s TF1 takes control of the broadcasting division. But analysts question the benefits of cross-border broadcasting mergers and the ease of hiving off ITV’s production business, given it sells many of its shows to the channel. Hind describes the prospect of a takeover as “interesting&# Nevertheless, McCall is thought to have held meetings with private equity firms and sounded out bankers about the possibility of a sale or break-up. Such a strategy is likely to be underpinned by the acknowledgement that, without some form of drastic action, ITV’s share price will only drift lower. McCall may also have an eye on her succession plans, with her tenure at the broadcaster widely thought to be nearing its end. Simon Pitts, who led Scottish broadcaster STV, has long been mooted as a potential successor, though he has now been appointed chief executive of LBC owner Global. Jay Hunt, the respected broadcasting executive who leads Apple TV, is another potential candidate. Regardless of who replaces her, however, McCall will be conscious that she may only have one final chance to boost her ratings, and those of ITV. |
Posted at 29/11/2024 17:38 by bountyhunter Buybacks continue29 November 2024 ITV plc ("ITV" or the "Company") today announces that it has purchased the following number of its ordinary shares of 10 pence each from Morgan Stanley & Co. International Plc on the London Stock Exchange and Multilateral Trading Facilities in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 2 May 2024 (the "Purchase"). The Purchase was effected pursuant to the share buyback programme announced by ITV on 7 March 2024: Date of purchase: 29 November 2024 Number of ordinary shares purchased: 126,978 Highest price paid per share (pence): 73.00 Lowest price paid per share (pence): 72.10 Volume-weighted average price paid per share (pence): 72.79 ITV intends to cancel the purchased shares. |
Posted at 29/11/2024 09:08 by nige co This DCF valuation model was created by Alpha Spread and was last updated on Nov 29, 2024.Estimated DCF Value of one ITV stock is 132.913 GBX. Compared to the current market price of 72.765 GBX, the stock is Undervalued by 45%. The Relative Value of one ITV stock under the Base Case scenario is 103.832 GBX. Compared to the current market price of 72.765 GBX, ITV PLC is Undervalued by 30%. Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms. The intrinsic value of one ITV stock under the Base Case scenario is 118.37 GBX. Compared to the current market price of 72.72 GBX, ITV PLC is Undervalued by 39%. The Intrinsic Value is calculated as the average of DCF and Relative values: |
Posted at 25/11/2024 17:14 by loginname Shares Magazine seem to have secured a longer interview with Russ Mould:“Russ Mould, investment director at AJ Bell said: ‘A depressed valuation and relative weakness in sterling are the context for reports of bid interest in ITV – with the possibility of yet another domino falling in a UK market which has seen plenty of M&A in 2024. ‘ITV has faced a difficult transition away from its reliance on linear TV advertising and its push into areas like streaming and TV production haven’t done enough, rightly, or wrongly, to impress the market. ‘Several names from private equity and within the industry have been suggested as potential suitors – although nothing has emerged yet which has reached the threshold required for ITV to make any disclosures. Whether ITV’s public service broadcasting remit might be an obstacle to any deal remains to be seen. ‘There is further speculation that ITV might look to demerge the business on the basis that the individual parts might attract a better valuations as standalone entities – particularly its ITV Studios production arm.’” |
Posted at 25/11/2024 15:48 by bountyhunter Sky News says early stage planning is taking placeAll3Media-owner RedBird IMI, KKR-backed Mediawan and France’s TF1 Group are among companies reportedly exploring offers for ITV and/or its production subsidiary ITV Studios (ITVS), according to Sky News. Sky said Jersey-based investment firm CVC Capital Partners and France’s TF1 Group are exploring a bid that could see CVC take ownership of ITVS, with the channels and streaming business ITVX moving into TF1’s stable... |
Posted at 25/11/2024 11:38 by matthewr1 The bidders absolutely will not make a statement until forced to do so , and we are well away from that. The only way we get any kind of statement today is if ITV keeps rising and north of 10%. They will then be asked by the exchange if ‘you know of any reason for the material rise in the share price.’ Their answer is more likely than not no , going by the Sky story (as CVC and TF1 are at an early stage that wouldn’t therefore include an approach).If the story is correct , then CVC and TF1 are today’s and Fridays losers as the share price is already rising when they are not in a position to move. I hope I’m wrong , but I see no statements and a drift from here. |
Posted at 25/11/2024 08:25 by american idiot ITV shares will be in the spotlight when the stock market reopens today following reports it has become a takeover target.The stock has fallen more than 10 per cent this month – and suitors are said to be looking to take advantage of its depressed valuation. The firm, which is home to shows including Coronation Street, and whose production arm ITV Studios is behind Disney+ hit Rivals starring David Tennant, is valued at £2.5billion. Private equity giant CVC Capital Partners is exploring a deal for ITV with a European broadcaster. That could see CVC take ITV Studios with the broadcaster taking the rest of ITV, Sky News reported. |
Posted at 23/11/2024 19:59 by spob .ITV back in spotlight as suitors screen potential bids The commercial broadcaster is back on alert for takeover approaches as financial and industry players evaluate offers which could lead to a break-up of the company, Sky News learns. Mark Kleinman Sky News 23 November 2024 Potential suitors have again begun circling ITV, Britain’s biggest terrestrial commercial broadcaster, after a prolonged period of share price weakness and renewed questions about its long-term strategic destiny. Sky News has learnt that a number of possible bidders for parts or all of the company, whose biggest shows include Love Island, have in recent weeks held early-stage discussions about teaming up to pursue a potential transaction. TV industry sources said this weekend that CVC Capital Partners and a major European broadcaster - thought to be France's Groupe TF1 - were among those which had been starting to study the merits of a potential offer. The sources added that RedBird Capital-owned All3Media and Mediawan, which is backed by the private equity giant KKR, were also on the list of potential suitors for the ITV Studios production arm. One cautioned this weekend that none of the work on potential bids was at a sufficiently advanced stage to require disclosure under the UK's stock market disclosure rules, and suggested that ITV's board - chaired by Andrew Cosslett - had not received any recent unsolicited approaches. That meant that the prospects of any formal approach materialising was highly uncertain. The person added, however, that Dame Carolyn McCall, ITV's long-serving chief executive, had been discussing with the company's financial advisers the merits of a demerger or other form of separation of its two main business units. Its main banking advisers are Goldman Sachs, Morgan Stanley and Robey Warshaw. ITV's shares are languishing at just 65.5p, giving the whole company a market capitalisation of £2.51bn. The stock rose more than 5% on Friday amid vague market chatter about a possible takeover bid. Bankers and analysts believe that ITV Studios, which made Disney+'s hit show, Rivals, would be worth more than the entire company's market capitalisation in a break-up of ITV. People close to the situation said that under one possible plan being studied, CVC could be interested in acquiring ITV Studios, with a European broadcast partner taking over its broadcasting arm, including the ITVX streaming platform. "At the right price, it would make sense if CVC wanted the undervalued production business, with TF1 wanting an English language streaming service in ITVX, along with the cashflows of the declining channels," one broadcasting industry veteran said this weekend. "They would only get the assets, though, in a deal worth double the current share price." Takeover speculation about ITV, which competes with Sky News' parent company, has been a recurring theme since the company was created from the merger of Carlton and Granada more than 20 years ago. ITV said this month that it would seek additional cost savings of £20m this year as it continued to deal with the fallout from last year's strikes by Hollywood writers and actors. It added that revenues at the Studios arm would decline over the current financial year, with advertising revenues sharply lower in the fourth quarter than in the same period a year earlier because of the tough comparison with 2023's Rugby World Cup. Allies of Dame Carolyn, who has run ITV since 2018, argue that she has transformed ITV, diversifying further into production and overhauling its digital capabilities. The majority of ITV's revenue now comes from profitable and growing areas, including ITVX and the Studios arm, they said. By 2026, those areas are expected to account for more than two-thirds of the group's sales. This year, its production arm was responsible for the most-viewed drama of the year on any channel or platform, Mr Bates versus The Post Office. In its third-quarter update earlier this month, Dame Carolyn said the company's "good strategic progress has continued in the first nine months of 2024 driven by strong execution and industry-leading creativity". "ITV Studios is performing well despite the expected impact of both the writer's strike and a softer market from free-to-air broadcasters." She said the unit would achieve record profits this year. ITV and CVC declined to comment, while TF1, RedBird and Mediawan did not respond to requests for comment. |
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