Media coverage about HSN (NASDAQ:HSNI) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing 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 media sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 45.0544387909134 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
HSN (HSNI) traded up 0.29% during mid-day trading on Friday, hitting $35.05. 572,798 shares of the stock traded hands. The stock has a 50-day moving average of $37.88 and a 200 day moving average of $36.06. HSN has a 1-year low of $30.75 and a 1-year high of $44.24. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of 15.72 and a beta of 1.34.
HSN (NASDAQ:HSNI) last released its quarterly earnings results on Thursday, August 3rd. The specialty retailer reported $0.63 EPS for the quarter, topping the consensus estimate of $0.58 by $0.05. The business had revenue of $821.40 million during the quarter, compared to analyst estimates of $831.18 million. HSN had a net margin of 3.36% and a return on equity of 64.60%. The company’s quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.74 earnings per share. On average, equities analysts expect that HSN will post $2.43 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Wednesday, September 6th will be given a dividend of $0.35 per share. The ex-dividend date is Friday, September 1st. This represents a $1.40 annualized dividend and a dividend yield of 4.01%. HSN’s dividend payout ratio is currently 63.06%.
HSNI has been the topic of several research reports. FBR & Co raised their price objective on shares of HSN from $35.00 to $40.00 and gave the stock a “mkt perform” rating in a research report on Wednesday, July 12th. Aegis lowered their price objective on shares of HSN from $39.00 to $37.00 and set a “hold” rating on the stock in a research report on Thursday, July 6th. Zacks Investment Research downgraded shares of HSN from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 9th. Sidoti downgraded shares of HSN from a “buy” rating to a “neutral” rating in a research report on Thursday, July 6th. Finally, Craig Hallum set a $40.00 price objective on shares of HSN and gave the stock a “hold” rating in a research report on Thursday, May 4th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. HSN presently has an average rating of “Hold” and an average target price of $46.38.
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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