HSN (HSNI) Receiving Somewhat Positive Press Coverage, Report Shows
Media headlines about HSN (NASDAQ:HSNI) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. HSN earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the specialty retailer an impact score of 45.1939938763652 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Liberty Interactive (QVCA) Q2 Earnings In Line, Revenues Lag (finance.yahoo.com)
- HSN, Inc. (NASDAQ:HSNI) Expected to Post Quarterly Sales of $819.99 Million (americanbankingnews.com)
- HSNI Crosses Below Key Moving Average Level (nasdaq.com)
- Why Liberty Interactive Corp (QVCA), Avis Budget Group Inc. (CAR) and Plains All American Pipeline, L.P. (PAA) Are 3 of Today’s Worst Stocks (finance.yahoo.com)
- $0.41 EPS Expected for HSN, Inc. (HSNI) This Quarter (americanbankingnews.com)
Several equities analysts have issued reports on HSNI shares. Zacks Investment Research downgraded shares of HSN from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 25th. Craig Hallum set a $40.00 target price on shares of HSN and gave the stock a “hold” rating in a research note on Thursday, May 4th. Maxim Group set a $46.00 target price on shares of HSN and gave the stock a “buy” rating in a research note on Thursday, May 4th. Aegis upgraded shares of HSN from a “hold” rating to a “buy” rating in a research note on Monday, May 8th. Finally, ValuEngine downgraded shares of HSN from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $46.38.
Shares of HSN (HSNI) traded up 0.95% during midday trading on Friday, hitting $37.20. 580,248 shares of the stock traded hands. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 16.68 and a beta of 1.34. The firm has a 50-day moving average price of $37.41 and a 200 day moving average price of $36.01. HSN has a one year low of $30.75 and a one year high of $46.36.
HSN (NASDAQ:HSNI) last announced its quarterly earnings data on Thursday, August 3rd. The specialty retailer reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.05. HSN had a net margin of 3.36% and a return on equity of 64.60%. The business had revenue of $821.40 million during the quarter, compared to the consensus estimate of $831.18 million. During the same quarter in the prior year, the firm earned $0.74 EPS. The company’s revenue for the quarter was down 3.9% compared to the same quarter last year. Analysts anticipate that HSN will post $2.43 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Wednesday, September 6th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date of this dividend is Friday, September 1st. HSN’s dividend payout ratio is presently 63.06%.
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.
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