HSN (HSNI) Earning Somewhat Favorable Press Coverage, Accern Reports
Media headlines about HSN (NASDAQ:HSNI) have trended somewhat positive on Tuesday, according to Accern Sentiment. Accern rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. HSN earned a news impact score of 0.22 on Accern’s scale. Accern also assigned media headlines about the specialty retailer an impact score of 46.6887189418785 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- HSN Partners With World-Renowned Photographer Anne Geddes for Exclusive Launch of New Jewelry Line (finance.yahoo.com)
- Industry Moves: QVC Shakes Up Top Ranks for HSN Merger (msn.com)
- QVC Post-Merger Reorganization Will See Top HSN Execs Exit (footwearnews.com)
- QVC Reorganizes Management in Preparation for Absorbing HSN (wwd.com)
- HSN’s highest execs will go once QVC acquisition closes (finance.yahoo.com)
HSN (HSNI) traded up 2.14% on Tuesday, reaching $38.15. 89,103 shares of the company traded hands. HSN has a one year low of $30.75 and a one year high of $42.75. The stock’s 50 day moving average price is $37.94 and its 200 day moving average price is $36.35. The company has a market capitalization of $2.00 billion, a PE ratio of 17.11 and a beta of 1.33.
HSN (NASDAQ:HSNI) last announced its quarterly earnings results on Thursday, August 3rd. The specialty retailer reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.05. The firm had revenue of $821.40 million for the quarter, compared to the consensus estimate of $831.18 million. HSN had a net margin of 3.36% and a return on equity of 64.60%. The business’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.74 EPS. On average, equities research analysts predict that HSN will post $2.47 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Stockholders of record on Wednesday, September 6th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date was Friday, September 1st. HSN’s payout ratio is presently 63.06%.
Several research firms recently weighed in on HSNI. FBR & Co boosted their price target on shares of HSN from $35.00 to $40.00 and gave the stock a “mkt perform” rating in a report on Wednesday, July 12th. BidaskClub cut shares of HSN from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Maxim Group set a $61.00 price target on shares of HSN and gave the stock a “buy” rating in a report on Friday, July 7th. Sidoti cut shares of HSN from a “buy” rating to a “neutral” rating in a report on Thursday, July 6th. Finally, Aegis cut their price target on shares of HSN from $39.00 to $37.00 and set a “hold” rating on the stock in a report on Thursday, July 6th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. HSN has an average rating of “Hold” and a consensus price target of $45.00.
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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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