Somewhat Favorable Press Coverage Somewhat Unlikely to Affect HSN (HSNI) Stock Price
News coverage about HSN (NASDAQ:HSNI) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. HSN earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media coverage about the specialty retailer an impact score of 46.6218042973849 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- HSN’s (HSNI) Neutral Rating Reiterated at B. Riley (americanbankingnews.com)
- HSNI Crosses Above Average Analyst Target (nasdaq.com)
- Celebrated Inventor & Entrepreneur Joy Mangano To Debut First Book INVENTING JOY on HSN November 4 (finance.yahoo.com)
- HSN, Inc. (HSNI) to Release Quarterly Earnings on Wednesday (americanbankingnews.com)
- ETFs with exposure to HSN, Inc. : October 31, 2017 (finance.yahoo.com)
A number of equities analysts have issued reports on HSNI shares. Maxim Group set a $61.00 price target on HSN and gave the company a “buy” rating in a research note on Friday, July 7th. 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 note on Wednesday, July 12th. B. Riley reiterated a “neutral” rating on shares of HSN in a research note on Thursday. Finally, BidaskClub downgraded HSN from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $45.00.
HSN (HSNI) traded down $0.20 during trading on Friday, reaching $37.20. The company had a trading volume of 231,902 shares, compared to its average volume of 285,478. HSN has a fifty-two week low of $30.75 and a fifty-two week high of $42.75. The company has a current ratio of 1.57, a quick ratio of 0.66 and a debt-to-equity ratio of 2.10. The stock has a market capitalization of $1,948.83, a P/E ratio of 15.70, a price-to-earnings-growth ratio of 1.68 and a beta of 1.38.
HSN (NASDAQ:HSNI) last posted its quarterly earnings data on Thursday, August 3rd. The specialty retailer reported $0.63 EPS for the quarter, beating the consensus estimate of $0.58 by $0.05. HSN had a return on equity of 64.60% and a net margin of 3.36%. The business had revenue of $821.40 million for the quarter, compared to the consensus estimate of $831.18 million. During the same quarter in the prior year, the business earned $0.74 earnings per share. HSN’s revenue for the quarter was down 3.9% on a year-over-year basis. equities analysts anticipate that HSN will post 2.44 earnings per share for the current year.
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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.
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