Media headlines about HSN (NASDAQ:HSNI) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. HSN earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned press coverage about the specialty retailer an impact score of 45.6113791560939 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of HSN (NASDAQ HSNI) traded up 0.54% during mid-day trading on Wednesday, reaching $37.05. 264,805 shares of the company’s stock were exchanged. The stock has a market cap of $1.94 billion, a PE ratio of 16.61 and a beta of 1.33. The company has a 50 day moving average price of $37.75 and a 200-day moving average price of $36.33. HSN has a one year low of $30.75 and a one year high of $42.75.
HSN (NASDAQ:HSNI) last announced its earnings results on Thursday, August 3rd. The specialty retailer reported $0.63 earnings per share 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 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 revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.74 EPS. On average, analysts predict that HSN will post $2.47 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 22nd. Stockholders of record on Wednesday, September 6th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date was Friday, September 1st. HSN’s payout ratio is 63.06%.
A number of research firms recently weighed in on HSNI. BidaskClub downgraded HSN from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. FBR & Co increased their price objective on HSN from $35.00 to $40.00 and gave the company a “mkt perform” rating in a report on Wednesday, July 12th. Maxim Group set a $61.00 price objective on HSN and gave the company a “buy” rating in a report on Friday, July 7th. Sidoti downgraded HSN from a “buy” rating to a “neutral” rating in a report on Thursday, July 6th. Finally, Aegis decreased their price objective on HSN from $39.00 to $37.00 and set a “hold” rating for the company in a report on Thursday, July 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. The company 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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