HSN, Inc. (NASDAQ:HSNI)‘s stock had its “neutral” rating reissued by equities research analysts at B. Riley in a note issued to investors on Thursday.

Other research analysts have also recently issued reports about the company. Maxim Group set a $61.00 price target on HSN and gave the company a “buy” rating in a research report on Friday, July 7th. Aegis reduced their price target on HSN from $39.00 to $37.00 and set a “hold” rating for the company in a research report on Thursday, July 6th. Zacks Investment Research upgraded HSN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 5th. FBR & Co lifted their price target on HSN from $35.00 to $40.00 and gave the company a “mkt perform” rating in a research report on Wednesday, July 12th. Finally, Sidoti cut HSN from a “buy” rating to a “neutral” rating in a research report on Thursday, July 6th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $45.00.

Shares of HSN (NASDAQ:HSNI) traded down $0.20 during trading hours on Thursday, reaching $37.20. 231,902 shares of the company were exchanged, compared to its average volume of 330,394. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.57 and a quick ratio of 0.66. HSN has a 12-month low of $30.75 and a 12-month high of $42.75. The company has a market capitalization of $1,950.00, a PE ratio of 15.78, a PEG ratio of 1.69 and a beta of 1.38.

HSN (NASDAQ:HSNI) last announced its quarterly earnings results on Thursday, August 3rd. The specialty retailer reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.05. The company had revenue of $821.40 million during the quarter, compared to analysts’ expectations of $831.18 million. HSN had a return on equity of 64.60% and a net margin of 3.36%. HSN’s quarterly revenue was down 3.9% on a year-over-year basis. During the same period last year, the business earned $0.74 earnings per share. equities analysts anticipate that HSN will post 2.39 earnings per share for the current year.

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Several large investors have recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of HSN by 2.9% in the second quarter. BlackRock Inc. now owns 3,334,104 shares of the specialty retailer’s stock worth $106,357,000 after acquiring an additional 93,621 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of HSN by 3.6% in the second quarter. Vanguard Group Inc. now owns 2,779,690 shares of the specialty retailer’s stock worth $88,673,000 after acquiring an additional 97,182 shares during the last quarter. Eagle Asset Management Inc. boosted its stake in shares of HSN by 2.8% in the second quarter. Eagle Asset Management Inc. now owns 1,478,595 shares of the specialty retailer’s stock worth $47,167,000 after acquiring an additional 40,011 shares during the last quarter. State Street Corp boosted its stake in HSN by 6.0% during the second quarter. State Street Corp now owns 1,210,032 shares of the specialty retailer’s stock worth $38,604,000 after buying an additional 68,075 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in HSN by 9.3% during the second quarter. Dimensional Fund Advisors LP now owns 989,913 shares of the specialty retailer’s stock worth $31,578,000 after buying an additional 84,636 shares during the last quarter. 57.80% of the stock is currently owned by hedge funds and other institutional investors.

HSN Company Profile

HSN, Inc is an interactive multi-channel retailer. The Company markets and sells a range of third party and merchandise directly to consumers through various platforms, including television home shopping programing broadcast on the HSN television networks and other direct-response television marketing; catalogs, consisting of the Cornerstone portfolio of print catalogs, which includes, Ballard Designs, Frontgate, Garnet Hill, Grandin Road and Improvements; Websites, which consist primarily of HSN.com, joymangano.com and the five branded Websites operated by Cornerstone; mobile devices; retail and outlet stores, and wholesale distribution of certain products to other retailers.

Analyst Recommendations for HSN (NASDAQ:HSNI)

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