EVINE Live (EVLV) Getting Somewhat Favorable News Coverage, Analysis Shows
News coverage about EVINE Live (NASDAQ:EVLV) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. EVINE Live earned a news sentiment score of 0.01 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.5146520732351 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of EVINE Live (NASDAQ EVLV) remained flat at $1.15 during mid-day trading on Thursday. 287,171 shares of the stock were exchanged. The company’s market cap is $75.01 million. EVINE Live has a 12 month low of $0.89 and a 12 month high of $2.28. The company’s 50 day moving average price is $1.05 and its 200 day moving average price is $1.12.
EVINE Live (NASDAQ:EVLV) last announced its earnings results on Wednesday, August 23rd. The company reported ($0.03) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.03). The business had revenue of $148.95 million during the quarter, compared to the consensus estimate of $150.75 million. EVINE Live had a negative net margin of 1.08% and a negative return on equity of 8.38%. The firm’s revenue was down 5.2% on a year-over-year basis. During the same period in the previous year, the company posted ($0.03) earnings per share. On average, equities research analysts predict that EVINE Live will post ($0.02) earnings per share for the current fiscal year.
Several research analysts recently issued reports on EVLV shares. B. Riley reiterated a “buy” rating and issued a $2.00 price target on shares of EVINE Live in a research note on Wednesday, June 21st. DA Davidson started coverage on shares of EVINE Live in a research note on Friday, September 22nd. They issued a “buy” rating and a $1.30 price target for the company. ValuEngine lowered shares of EVINE Live from a “sell” rating to a “strong sell” rating in a research note on Thursday, September 7th. Finally, Zacks Investment Research lowered shares of EVINE Live from a “hold” rating to a “sell” rating in a research note on Monday, September 25th. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $2.10.
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About EVINE Live
EVINE Live Inc is a digital commerce company. The Company operates through the digital commerce retailing segment. The Company offers a mix of brands directly to consumers in an engaging and informative shopping experience through television (TV), online and mobile devices. It operates an around the clock television shopping network, EVINE Live, which is distributed primarily on cable and satellite systems, through which the Company offers brand products in the categories of jewelry and watches, home and consumer electronics, beauty, and fashion and accessories.
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