Equities analysts predict that Viad Corp (NYSE:VVI) will announce $285.95 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Viad’s earnings. The lowest sales estimate is $284.40 million and the highest is $287.50 million. Viad posted sales of $277.29 million during the same quarter last year, which would indicate a positive year over year growth rate of 3.1%. The firm is scheduled to report its next quarterly earnings report on Thursday, February 14th.

According to Zacks, analysts expect that Viad will report full year sales of $1.29 billion for the current year, with estimates ranging from $1.28 billion to $1.29 billion. For the next financial year, analysts anticipate that the company will post sales of $1.31 billion, with estimates ranging from $1.29 billion to $1.33 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that follow Viad.

Viad (NYSE:VVI) last announced its quarterly earnings data on Thursday, October 25th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.84 by ($0.12). Viad had a net margin of 2.34% and a return on equity of 9.90%. The company had revenue of $358.16 million for the quarter, compared to analysts’ expectations of $381.40 million.

Several brokerages have recently issued reports on VVI. Zacks Investment Research cut shares of Viad from a “hold” rating to a “sell” rating in a research note on Wednesday, October 17th. ValuEngine cut shares of Viad from a “buy” rating to a “hold” rating in a research note on Tuesday, October 2nd. Finally, Janney Montgomery Scott began coverage on shares of Viad in a research note on Thursday, November 15th. They set a “buy” rating for the company.

Shares of NYSE VVI opened at $51.84 on Friday. Viad has a 52-week low of $46.17 and a 52-week high of $62.50. The firm has a market cap of $1.06 billion, a PE ratio of 19.79 and a beta of 0.74. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.69 and a quick ratio of 0.64.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 2nd. Investors of record on Friday, December 14th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, December 13th. This represents a $0.40 annualized dividend and a dividend yield of 0.77%. Viad’s payout ratio is 15.27%.

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc lifted its holdings in shares of Viad by 1.0% during the 3rd quarter. Vanguard Group Inc now owns 1,210,248 shares of the business services provider’s stock valued at $71,707,000 after acquiring an additional 11,668 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Viad by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 1,210,248 shares of the business services provider’s stock valued at $71,707,000 after acquiring an additional 11,668 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Viad by 24.7% during the 3rd quarter. Morgan Stanley now owns 89,770 shares of the business services provider’s stock valued at $5,317,000 after acquiring an additional 17,808 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of Viad by 7.1% during the 3rd quarter. Legal & General Group Plc now owns 48,360 shares of the business services provider’s stock valued at $2,858,000 after acquiring an additional 3,221 shares in the last quarter. Finally, IndexIQ Advisors LLC lifted its holdings in shares of Viad by 3.9% during the 3rd quarter. IndexIQ Advisors LLC now owns 43,341 shares of the business services provider’s stock valued at $2,568,000 after acquiring an additional 1,638 shares in the last quarter. Institutional investors and hedge funds own 88.08% of the company’s stock.

Viad Company Profile

Viad Corp operates as an experiential services company in the United States, Canada, the United Kingdom, continental Europe, and the United Arab Emirates. The company operates in two business groups, GES and Pursuit. It offers event planning and production, look and feel design, layout and floor plan designs, furnishings and carpet, show traffic analysis, marketing and strategy, electrical distribution, cleaning, plumbing, overhead and booth rigging, and material handling services; and signage products and common area structures.

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