YuMe Inc. (NYSE:YUME) has been given a consensus recommendation of “Hold” by the eight research firms that are currently covering the company. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $3.50.

A number of equities research analysts have weighed in on the company. Barclays PLC set a $3.00 price objective on YuMe and gave the company a “sell” rating in a research note on Friday. Citigroup Inc. reduced their price objective on YuMe from $4.00 to $3.50 and set a “neutral” rating for the company in a research note on Wednesday, August 10th. Zacks Investment Research cut YuMe from a “buy” rating to a “hold” rating in a research note on Friday, July 29th. Boenning Scattergood cut YuMe from a “neutral” rating to an “underperform” rating and set a $3.00 price objective for the company. in a research note on Thursday. Finally, Piper Jaffray Cos. reiterated a “neutral” rating and issued a $3.00 price objective (down previously from $4.00) on shares of YuMe in a research note on Wednesday, August 10th.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in YUME. A.R.T. Advisors LLC raised its position in shares of YuMe by 7.5% in the second quarter. A.R.T. Advisors LLC now owns 32,909 shares of the company’s stock worth $121,000 after buying an additional 2,300 shares in the last quarter. Emerald Acquisition Ltd. acquired a new position in shares of YuMe during the second quarter worth $126,000. Northern Trust Corp raised its position in shares of YuMe by 40.8% in the third quarter. Northern Trust Corp now owns 44,262 shares of the company’s stock worth $175,000 after buying an additional 12,826 shares in the last quarter. Hillsdale Investment Management Inc. acquired a new position in shares of YuMe during the second quarter worth $215,000. Finally, Seizert Capital Partners LLC acquired a new position in shares of YuMe during the second quarter worth $323,000. 22.76% of the stock is currently owned by institutional investors and hedge funds.

YuMe (NYSE:YUME) opened at 3.22 on Wednesday. The stock’s 50 day moving average price is $3.81 and its 200-day moving average price is $3.68. The stock’s market cap is $110.44 million. YuMe has a 12 month low of $2.59 and a 12 month high of $4.36.

YuMe (NYSE:YUME) last issued its quarterly earnings data on Wednesday, November 9th. The company reported ($0.13) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by $0.12. YuMe had a negative net margin of 5.29% and a negative return on equity of 8.99%. The firm earned $34.95 million during the quarter, compared to analysts’ expectations of $41 million. During the same quarter in the prior year, the firm posted ($0.19) EPS. YuMe’s quarterly revenue was down 10.1% compared to the same quarter last year. Equities research analysts predict that YuMe will post $0.03 EPS for the current year.

About YuMe

YuMe, Inc (YuMe) is an independent provider of multi-screen video advertising technology, connecting brand advertisers, digital media property owners and consumers of video content across a range of Internet-connected devices. The Company operating segments include Domestic and International. The Company offers advertising customers end-to-end marketing solutions by combining data-driven technologies with deep insight into audience behavior.

5 Day Chart for NYSE:YUME

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