Hemisphere Media Group Inc (NASDAQ:HMTV) has been given a consensus broker rating score of 1.50 (Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. Hemisphere Media Group’s rating score has declined by 50% in the last three months as a result of various analysts’ ratings changes.
Brokers have set a 12-month consensus target price of $17.00 for the company, according to Zacks. Zacks has also given Hemisphere Media Group an industry rank of 79 out of 265 based on the ratings given to related companies.
A number of equities research analysts recently commented on the stock. BidaskClub upgraded shares of Hemisphere Media Group from a “buy” rating to a “strong-buy” rating in a report on Monday, August 14th. Royal Bank Of Canada decreased their price objective on shares of Hemisphere Media Group from $16.00 to $15.00 and set an “outperform” rating for the company in a report on Wednesday, November 8th.
Hemisphere Media Group (NASDAQ HMTV) traded up $0.15 during trading hours on Thursday, reaching $11.35. 130,746 shares of the company were exchanged, compared to its average volume of 101,492. Hemisphere Media Group has a 52 week low of $10.65 and a 52 week high of $13.20. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 0.76. The company has a market cap of $466.79, a price-to-earnings ratio of 30.68 and a beta of 0.40.
About Hemisphere Media Group
Hemisphere Media Group, Inc is a Spanish-language media company. As of December 31, 2016, the Company served the United States Hispanic and Latin American markets with five Spanish-language cable television networks distributed in the United States, two Spanish-language cable television networks distributed in Latin America, and a broadcast television network in Puerto Rico.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
What are top analysts saying about Hemisphere Media Group Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Hemisphere Media Group Inc and related companies.