Shares of Fluent Inc (NASDAQ:FLNT) have received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.

Brokerages have set a 12 month consensus target price of $4.25 for the company and are anticipating that the company will post $0.06 EPS for the current quarter, according to Zacks. Zacks has also given Fluent an industry rank of 197 out of 256 based on the ratings given to its competitors.

A number of analysts recently commented on the company. TheStreet raised Fluent from a “d+” rating to a “c” rating in a research report on Friday, November 23rd. Barrington Research reaffirmed a “buy” rating and issued a $4.00 target price on shares of Fluent in a report on Thursday, November 8th. ValuEngine upgraded Fluent from a “hold” rating to a “buy” rating in a research note on Saturday, January 5th. Finally, Zacks Investment Research upgraded Fluent from a “hold” rating to a “buy” rating and set a $3.75 price objective on the stock in a research report on Tuesday, November 13th.

Shares of FLNT opened at $4.23 on Tuesday. Fluent has a 52-week low of $1.89 and a 52-week high of $4.58. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.92 and a current ratio of 1.92. The firm has a market capitalization of $323.00 million, a PE ratio of -5.88, a price-to-earnings-growth ratio of 0.52 and a beta of 0.37.

Fluent (NASDAQ:FLNT) last announced its earnings results on Wednesday, November 7th. The company reported $0.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.02. The firm had revenue of $66.54 million for the quarter, compared to the consensus estimate of $60.52 million. Fluent had a positive return on equity of 1.61% and a negative net margin of 10.70%. Equities research analysts expect that Fluent will post 0.19 earnings per share for the current year.

In other Fluent news, insider Matthew Conlin acquired 130,714 shares of the business’s stock in a transaction dated Friday, December 14th. The shares were purchased at an average price of $3.50 per share, for a total transaction of $457,499.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 18.70% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. Private Advisor Group LLC acquired a new position in Fluent during the 2nd quarter worth approximately $106,000. Dimensional Fund Advisors LP purchased a new stake in shares of Fluent during the 2nd quarter worth approximately $130,000. Panagora Asset Management Inc. purchased a new stake in shares of Fluent during the 3rd quarter worth approximately $166,000. Schwab Charles Investment Management Inc. purchased a new stake in shares of Fluent during the 2nd quarter worth approximately $176,000. Finally, Bank of America Corp DE purchased a new stake in shares of Fluent during the 2nd quarter worth approximately $235,000. 15.73% of the stock is currently owned by institutional investors.

Fluent Company Profile

Fluent, Inc provides data-driven performance marketing and customer acquisition services primarily in the United States. It develops custom audiences and operates performance marketing campaigns on behalf of advertising partners. The company offers data acquisition solutions that include Connect, which enables marketers to acquire consumer data and marketing consent across its network of proprietary Websites; and ReConnect that enables marketers offer consumers the ability to opt into marketing programs outside of the confines of own Websites.

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