Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Viad (VVI) Share Price

Media stories about Viad (NYSE:VVI) have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Viad earned a news impact score of 0.02 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 45.7882370287461 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of Viad (NYSE:VVI) opened at $56.55 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.71 and a quick ratio of 0.60. Viad has a 12-month low of $42.05 and a 12-month high of $61.85. The company has a market capitalization of $1,170.00, a P/E ratio of 20.92 and a beta of 0.50.

Viad (NYSE:VVI) last issued its quarterly earnings results on Thursday, October 26th. The business services provider reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.02. Viad had a return on equity of 13.91% and a net margin of 5.86%. The firm had revenue of $339.10 million for the quarter, compared to analysts’ expectations of $327.59 million. During the same period in the previous year, the firm posted $1.74 EPS. The business’s revenue for the quarter was down 11.3% compared to the same quarter last year. research analysts predict that Viad will post 2.59 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 15th will be given a $0.10 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.71%. Viad’s dividend payout ratio is currently 10.93%.

Separately, Zacks Investment Research cut Viad from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 28th.

In other news, Director Robert E. Munzenrider sold 2,100 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $56.01, for a total value of $117,621.00. Following the sale, the director now directly owns 21,179 shares of the company’s stock, valued at approximately $1,186,235.79. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 2.00% of the company’s stock.

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About Viad

Viad Corp is an international experiential services company. The Company operates through two main business groups: GES, which is a live event service provider to some of the visible and influential events and global brands, and Pursuit, which is a collection of destination travel experiences. GES conducts its operations through two geographical segments: GES U.S., which has full-service operations in exhibition market in the United States, including Las Vegas, Nevada; Chicago, Illinois; Orlando, Florida; New York, New York, and Los Angeles, California, and GES International, which had full-service operations at many of the event destinations and venues.

Insider Buying and Selling by Quarter for Viad (NYSE:VVI)

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