Emerald Advisers Inc. PA Has $3,309,000 Position in Everyday Health Inc. (EVDY)
Emerald Advisers Inc. PA held its position in Everyday Health Inc. (NYSE:EVDY) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 419,867 shares of the company’s stock at the end of the second quarter. Emerald Advisers Inc. PA’s holdings in Everyday Health were worth $3,309,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Essex Investment Management Co. LLC bought a new stake in Everyday Health during the second quarter valued at about $856,000. Bank of Montreal Can bought a new stake in Everyday Health during the second quarter valued at about $191,000. Anderson Hoagland & Co. raised its stake in Everyday Health by 4.0% in the second quarter. Anderson Hoagland & Co. now owns 141,672 shares of the company’s stock valued at $1,116,000 after buying an additional 5,460 shares during the period. A.R.T. Advisors LLC raised its stake in Everyday Health by 13.6% in the first quarter. A.R.T. Advisors LLC now owns 87,623 shares of the company’s stock valued at $490,000 after buying an additional 10,500 shares during the period. Finally, Jacobs Levy Equity Management Inc. bought a new stake in Everyday Health during the first quarter valued at about $894,000. Hedge funds and other institutional investors own 65.22% of the company’s stock.
Shares of Everyday Health Inc. (NYSE:EVDY) traded down 0.97% during trading on Friday, hitting $8.15. The stock had a trading volume of 105,088 shares. The firm has a 50-day moving average price of $7.66 and a 200 day moving average price of $7.07. The company’s market capitalization is $245.24 million. Everyday Health Inc. has a 52 week low of $3.71 and a 52 week high of $10.59.
Everyday Health (NYSE:EVDY) last released its quarterly earnings data on Thursday, August 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.02. Everyday Health had a positive return on equity of 1.04% and a negative net margin of 12.19%. The company had revenue of $57.65 million for the quarter, compared to analyst estimates of $57.51 million. During the same period in the previous year, the company posted $0.27 EPS. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. Equities analysts anticipate that Everyday Health Inc. will post $0.48 earnings per share for the current year.
EVDY has been the topic of several research analyst reports. TheStreet raised Everyday Health from a “sell” rating to a “hold” rating in a research note on Thursday, June 16th. Zacks Investment Research lowered Everyday Health from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 4th. Finally, Leerink Swann reaffirmed an “outperform” rating on shares of Everyday Health in a research note on Friday, June 24th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. Everyday Health currently has a consensus rating of “Hold” and an average price target of $11.58.
Everyday Health Company Profile
Everyday Health, Inc, formerly Waterfront Media Inc, operates a digital marketing and communications platform for healthcare marketers that want to engage with consumers and healthcare professionals. The Company’s platform combines content from brands, data and analytics. The Company’s segment is providing digital health marketing and communications solutions.
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