Emerald Expositions Events, Inc. (NYSE:EEX) had its price objective increased by investment analysts at Robert W. Baird from $23.00 to $24.00 in a report released on Friday. The firm presently has a “neutral” rating on the stock.

Separately, Zacks Investment Research lowered Emerald Expositions Events from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $24.40.

Emerald Expositions Events (EEX) traded down $0.71 during midday trading on Friday, reaching $22.44. The company had a trading volume of 38,008 shares, compared to its average volume of 76,898.

Emerald Expositions Events (NYSE:EEX) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.37 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.37. The firm had revenue of $100.40 million for the quarter, compared to analyst estimates of $107.24 million. Emerald Expositions Events’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.43 EPS. equities analysts expect that Emerald Expositions Events will post 1.07 earnings per share for the current fiscal year.

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Several large investors have recently bought and sold shares of EEX. Nationwide Fund Advisors bought a new stake in shares of Emerald Expositions Events during the 2nd quarter valued at $200,000. Atlantic Trust Group LLC bought a new stake in shares of Emerald Expositions Events in the 2nd quarter worth about $274,000. Parametric Portfolio Associates LLC bought a new stake in shares of Emerald Expositions Events in the 2nd quarter worth about $340,000. New York State Common Retirement Fund purchased a new position in shares of Emerald Expositions Events during the 2nd quarter worth about $366,000. Finally, Rhumbline Advisers purchased a new position in shares of Emerald Expositions Events during the 2nd quarter worth about $376,000. Hedge funds and other institutional investors own 26.69% of the company’s stock.

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.

Analyst Recommendations for Emerald Expositions Events (NYSE:EEX)

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