Eros International plc (NYSE:EROS) was the target of unusually large options trading activity on Friday. Traders bought 2,407 put options on the stock. This represents an increase of approximately 965% compared to the typical volume of 226 put options.

Eros International (NYSE EROS) opened at $11.00 on Monday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.44 and a current ratio of 1.44. The company has a market cap of $566.79, a price-to-earnings ratio of 275.07, a P/E/G ratio of 3.76 and a beta of 0.56. Eros International has a 12 month low of $6.65 and a 12 month high of $16.90.

Eros International (NYSE:EROS) last issued its earnings results on Wednesday, November 22nd. The company reported ($0.03) EPS for the quarter, hitting analysts’ consensus estimates of ($0.03). Eros International had a net margin of 0.96% and a return on equity of 0.22%. analysts expect that Eros International will post 0.2 EPS for the current year.

Several hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC acquired a new position in shares of Eros International during the third quarter worth $1,605,000. Gilder Gagnon Howe & Co. LLC grew its stake in shares of Eros International by 64.7% during the third quarter. Gilder Gagnon Howe & Co. LLC now owns 4,128,989 shares of the company’s stock worth $59,045,000 after purchasing an additional 1,621,460 shares in the last quarter. State Street Corp grew its stake in shares of Eros International by 7.1% during the second quarter. State Street Corp now owns 524,135 shares of the company’s stock worth $6,002,000 after purchasing an additional 34,838 shares in the last quarter. Boston Common Asset Management LLC grew its stake in shares of Eros International by 4.5% during the second quarter. Boston Common Asset Management LLC now owns 21,675 shares of the company’s stock worth $248,000 after purchasing an additional 930 shares in the last quarter. Finally, Parametric Portfolio Associates LLC grew its stake in shares of Eros International by 36.4% during the second quarter. Parametric Portfolio Associates LLC now owns 30,135 shares of the company’s stock worth $345,000 after purchasing an additional 8,041 shares in the last quarter. Hedge funds and other institutional investors own 60.49% of the company’s stock.

Several equities analysts have commented on the stock. Zacks Investment Research downgraded shares of Eros International from a “hold” rating to a “sell” rating in a research note on Tuesday, January 16th. ValuEngine downgraded shares of Eros International from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. BidaskClub upgraded shares of Eros International from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd. Wells Fargo & Co restated an “outperform” rating and issued a $17.00 price target (up previously from $16.00) on shares of Eros International in a research note on Monday, October 9th. Finally, Jefferies Group restated a “buy” rating and issued a $17.00 price target (up previously from $15.00) on shares of Eros International in a research note on Monday, October 9th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $17.00.

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Eros International Company Profile

Eros International Plc (Eros) is a holding company, which serves the Indian film entertainment industry. The Company’s principal activities include the acquisition, co-production and distribution of Indian films and related content. It distributes its film content through the distribution channels, such as theatrical, including multiplex chains and standalone theaters; television syndication, including satellite television broadcasting, cable television and terrestrial television; digital and ancillary, including music, inflight entertainment, home video, Internet protocol television (IPTV), video on demand (VOD), and Internet channels and Eros Now.

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