Emerald Expositions Events (EEX) Receiving Somewhat Positive Media Coverage, Analysis Finds
News stories about Emerald Expositions Events (NYSE:EEX) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Emerald Expositions Events earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.2188825057384 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.
Separately, Zacks Investment Research raised shares of Emerald Expositions Events from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $24.28.
Shares of Emerald Expositions Events (NYSE EEX) traded down 0.47% during mid-day trading on Thursday, reaching $23.21. 23,668 shares of the company’s stock were exchanged. The stock has a market cap of $1.68 billion and a price-to-earnings ratio of 89.96. Emerald Expositions Events has a 52-week low of $18.67 and a 52-week high of $24.56. The stock’s 50-day moving average is $22.31 and its 200-day moving average is $21.85.
Emerald Expositions Events (NYSE:EEX) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.18 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.18. The company had revenue of $74.14 million for the quarter, compared to the consensus estimate of $74.81 million. On average, equities analysts expect that Emerald Expositions Events will post $1.06 EPS for the current year.
About Emerald Expositions Events
Emerald Expositions Events, Inc (Emerald), formerly Expo Event Holdco, Inc, is an operator of business-to-business (B2B) trade shows. The Company operates across multiple sectors, which includes: Gift, Home and General Merchandise; Sports; Design and Construction; Technology; Jewelry; Other Trade Shows; and Other Events.
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