KVH Industries, Inc. (NASDAQ:KVHI) has earned an average broker rating score of 2.50 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has issued a buy rating on the company.

Analysts have set a 12 month consensus price target of $12.00 for the company and are forecasting that the company will post $0.19 EPS for the current quarter, according to Zacks. Zacks has also given KVH Industries an industry rank of 203 out of 265 based on the ratings given to related companies.

KVHI has been the topic of several analyst reports. Zacks Investment Research lowered KVH Industries from a “buy” rating to a “hold” rating in a research report on Friday, October 27th. Needham & Company LLC reaffirmed a “buy” rating on shares of KVH Industries in a research report on Friday, November 3rd. Finally, ValuEngine lowered KVH Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th.

Shares of KVH Industries (KVHI) traded up $0.35 during midday trading on Wednesday, reaching $11.75. The company’s stock had a trading volume of 19,430 shares, compared to its average volume of 22,551. KVH Industries has a 1 year low of $7.65 and a 1 year high of $12.65. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.30 and a quick ratio of 1.80. The firm has a market capitalization of $207.21, a price-to-earnings ratio of -11.75 and a beta of 0.76.

KVH Industries (NASDAQ:KVHI) last issued its earnings results on Thursday, November 2nd. The communications equipment provider reported ($0.01) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.04. KVH Industries had a negative return on equity of 1.10% and a negative net margin of 9.77%. equities research analysts predict that KVH Industries will post -0.07 earnings per share for the current year.

Institutional investors and hedge funds have recently modified their holdings of the company. PNC Financial Services Group Inc. increased its holdings in shares of KVH Industries by 1.9% during the second quarter. PNC Financial Services Group Inc. now owns 22,000 shares of the communications equipment provider’s stock valued at $210,000 after purchasing an additional 400 shares during the period. Chicago Equity Partners LLC increased its holdings in shares of KVH Industries by 50.0% during the third quarter. Chicago Equity Partners LLC now owns 62,379 shares of the communications equipment provider’s stock valued at $745,000 after purchasing an additional 20,790 shares during the period. Vanguard Group Inc. increased its holdings in shares of KVH Industries by 5.0% during the second quarter. Vanguard Group Inc. now owns 670,397 shares of the communications equipment provider’s stock valued at $6,369,000 after purchasing an additional 32,022 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of KVH Industries by 5.2% during the second quarter. Dimensional Fund Advisors LP now owns 1,203,037 shares of the communications equipment provider’s stock valued at $11,429,000 after purchasing an additional 59,199 shares during the period. Finally, Cornerstone Capital Management Holdings LLC. increased its holdings in shares of KVH Industries by 200.8% during the second quarter. Cornerstone Capital Management Holdings LLC. now owns 38,800 shares of the communications equipment provider’s stock valued at $368,000 after purchasing an additional 25,900 shares during the period. 56.46% of the stock is currently owned by institutional investors.

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KVH Industries Company Profile

KVH Industries, Inc is a manufacturer of solutions that provide high-speed Internet, television and voice services through satellite to mobile users at sea and on land. The Company also provides commercially licensed entertainment, including news, sports, music and movies, to commercial and leisure customers in the maritime, hotel and retail markets.

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