Emerald Expositions Events (EEX) Earning Somewhat Positive Press Coverage, Report Finds
Media headlines about Emerald Expositions Events (NYSE:EEX) have trended somewhat positive on Wednesday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Emerald Expositions Events earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.6016248203998 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of equities research analysts have recently weighed in on EEX shares. Zacks Investment Research upgraded Emerald Expositions Events from a “sell” rating to a “hold” rating in a research report on Friday, September 8th. Robert W. Baird lifted their price objective on Emerald Expositions Events from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $24.40.
Emerald Expositions Events (NYSE EEX) traded down $0.12 during midday trading on Wednesday, hitting $22.34. The company had a trading volume of 86,900 shares, compared to its average volume of 174,519. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.63 and a current ratio of 0.63. Emerald Expositions Events has a one year low of $18.67 and a one year high of $24.56.
Emerald Expositions Events (NYSE:EEX) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.37 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.37. Emerald Expositions Events had a return on equity of 7.09% and a net margin of 5.19%. The company had revenue of $100.40 million for the quarter, compared to analyst estimates of $107.24 million. During the same period in the previous year, the company posted $0.43 earnings per share. The firm’s revenue was down .1% on a year-over-year basis. research analysts predict that Emerald Expositions Events will post 1.06 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 16th will be given a dividend of $0.07 per share. The ex-dividend date is Wednesday, November 15th. This represents a $0.28 annualized dividend and a dividend yield of 1.25%.
About Emerald Expositions Events
Emerald Expositions Events, Inc (Emerald), formerly Expo Event Holdco, Inc, is an operator of business-to-business (B2B) trade shows. The Company operates across multiple sectors, which includes: Gift, Home and General Merchandise; Sports; Design and Construction; Technology; Jewelry; Other Trade Shows; and Other Events.
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