Somewhat Positive Media Coverage Somewhat Unlikely to Impact KVH Industries (KVHI) Share Price
Press coverage about KVH Industries (NASDAQ:KVHI) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. KVH Industries earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news coverage about the communications equipment provider an impact score of 46.6247921912464 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
KVH Industries (NASDAQ:KVHI) opened at 11.70 on Thursday. The firm has a 50-day moving average of $11.02 and a 200 day moving average of $9.46. The company’s market cap is $199.93 million. KVH Industries has a 52-week low of $7.50 and a 52-week high of $12.75.
KVH Industries (NASDAQ:KVHI) last released its earnings results on Wednesday, August 2nd. The communications equipment provider reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.20. The business had revenue of $40.50 million during the quarter, compared to the consensus estimate of $40.55 million. KVH Industries had a negative net margin of 6.35% and a positive return on equity of 1.85%. The company’s revenue for the quarter was down 12.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.08 EPS. Equities research analysts expect that KVH Industries will post $0.12 earnings per share for the current fiscal year.
A number of equities research analysts recently weighed in on KVHI shares. Needham & Company LLC reaffirmed a “buy” rating and set a $10.00 price objective on shares of KVH Industries in a research report on Friday, May 12th. Zacks Investment Research upgraded shares of KVH Industries from a “sell” rating to a “hold” rating in a research report on Tuesday, May 23rd. Finally, TheStreet upgraded shares of KVH Industries from a “d+” rating to a “c-” rating in a research report on Wednesday, June 7th.
KVH Industries Company Profile
KVH Industries, Inc is a manufacturer of solutions that provide high-speed Internet, television and voice services through satellite to mobile users at sea and on land. The Company also provides commercially licensed entertainment, including news, sports, music and movies, to commercial and leisure customers in the maritime, hotel and retail markets.
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