Dimensional Fund Advisors LP Sells 73,277 Shares of EVINE Live Inc. (EVLV)
Dimensional Fund Advisors LP lowered its holdings in shares of EVINE Live Inc. (NASDAQ:EVLV) by 8.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 831,619 shares of the company’s stock after selling 73,277 shares during the period. Dimensional Fund Advisors LP owned about 1.36% of EVINE Live worth $832,000 as of its most recent filing with the SEC.
Separately, Renaissance Technologies LLC grew its holdings in EVINE Live by 7.0% in the 1st quarter. Renaissance Technologies LLC now owns 1,164,056 shares of the company’s stock worth $1,490,000 after acquiring an additional 76,100 shares during the last quarter. Institutional investors own 33.35% of the company’s stock.
A number of equities research analysts have issued reports on the stock. DA Davidson assumed coverage on shares of EVINE Live in a report on Friday, September 22nd. They issued a “buy” rating and a $1.30 price target on the stock. ValuEngine lowered shares of EVINE Live from a “sell” rating to a “strong sell” rating in a report on Thursday, September 7th. B. Riley set a $2.00 price target on shares of EVINE Live and gave the stock a “buy” rating in a report on Monday, August 21st. Finally, Zacks Investment Research lowered shares of EVINE Live from a “hold” rating to a “sell” rating in a report on Monday, September 25th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $1.95.
Shares of EVINE Live Inc. (NASDAQ:EVLV) opened at $1.47 on Monday. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.00 and a quick ratio of 1.27. EVINE Live Inc. has a twelve month low of $0.89 and a twelve month high of $1.86.
EVINE Live (NASDAQ:EVLV) last announced its earnings results on Tuesday, November 21st. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. The firm had revenue of $150.20 million for the quarter, compared to analyst estimates of $154.80 million. EVINE Live had a negative net margin of 0.66% and a negative return on equity of 5.28%. The company’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.06) EPS. equities analysts expect that EVINE Live Inc. will post 0.01 EPS for the current year.
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About EVINE Live
EVINE Live Inc is a digital commerce company. The Company operates through the digital commerce retailing segment. The Company offers a mix of brands directly to consumers in an engaging and informative shopping experience through television (TV), online and mobile devices. It operates an around the clock television shopping network, EVINE Live, which is distributed primarily on cable and satellite systems, through which the Company offers brand products in the categories of jewelry and watches, home and consumer electronics, beauty, and fashion and accessories.
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