B. Riley Weighs in on HSN, Inc.’s Q3 2017 Earnings (HSNI)
HSN, Inc. (NASDAQ:HSNI) – Equities research analysts at B. Riley issued their Q3 2017 EPS estimates for HSN in a research note issued to investors on Thursday. B. Riley analyst B. Crockett forecasts that the specialty retailer will post earnings of $0.41 per share for the quarter. B. Riley has a “Neutral” rating on the stock. B. Riley also issued estimates for HSN’s Q4 2017 earnings at $1.05 EPS, FY2017 earnings at $2.49 EPS, FY2018 earnings at $2.92 EPS, FY2019 earnings at $2.98 EPS and FY2020 earnings at $3.04 EPS.
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Other analysts also recently issued research reports about the company. FBR & Co boosted their price objective on HSN from $35.00 to $40.00 and gave the stock a “mkt perform” rating in a report on Wednesday, July 12th. BidaskClub downgraded HSN from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $45.00.
Shares of HSN (NASDAQ:HSNI) opened at $35.80 on Monday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.66 and a current ratio of 1.57. The stock has a market capitalization of $1,890.00, a PE ratio of 15.70, a price-to-earnings-growth ratio of 1.64 and a beta of 1.38. HSN has a twelve month low of $30.75 and a twelve month high of $42.75.
Several institutional investors and hedge funds have recently modified their holdings of HSNI. UBS Asset Management Americas Inc. increased its holdings in shares of HSN by 45,803.8% in the 1st quarter. UBS Asset Management Americas Inc. now owns 11,935 shares of the specialty retailer’s stock valued at $443,000 after purchasing an additional 11,909 shares during the period. Principal Financial Group Inc. increased its holdings in shares of HSN by 2.2% in the 1st quarter. Principal Financial Group Inc. now owns 125,182 shares of the specialty retailer’s stock valued at $4,644,000 after purchasing an additional 2,669 shares during the period. FMR LLC increased its holdings in shares of HSN by 0.8% in the 1st quarter. FMR LLC now owns 876,315 shares of the specialty retailer’s stock valued at $32,512,000 after purchasing an additional 7,220 shares during the period. Teachers Advisors LLC increased its holdings in shares of HSN by 8.7% in the 1st quarter. Teachers Advisors LLC now owns 302,097 shares of the specialty retailer’s stock valued at $11,208,000 after purchasing an additional 24,253 shares during the period. Finally, California Public Employees Retirement System increased its holdings in shares of HSN by 13.3% in the 1st quarter. California Public Employees Retirement System now owns 120,500 shares of the specialty retailer’s stock valued at $4,471,000 after purchasing an additional 14,100 shares during the period. Institutional investors own 58.15% of the company’s stock.
HSN Company Profile
HSN, Inc is an interactive multi-channel retailer. The Company markets and sells a range of third party and merchandise directly to consumers through various platforms, including television home shopping programing broadcast on the HSN television networks and other direct-response television marketing; catalogs, consisting of the Cornerstone portfolio of print catalogs, which includes, Ballard Designs, Frontgate, Garnet Hill, Grandin Road and Improvements; Websites, which consist primarily of HSN.com, joymangano.com and the five branded Websites operated by Cornerstone; mobile devices; retail and outlet stores, and wholesale distribution of certain products to other retailers.
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