Shares of KVH Industries, Inc. (NASDAQ:KVHI) have been assigned an average broker rating score of 2.50 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and one has assigned a buy rating to the company.

Brokers have set a one year consensus price objective of $12.00 for the company and are expecting that the company will post $0.19 EPS for the current quarter, according to Zacks. Zacks has also assigned KVH Industries an industry rank of 76 out of 265 based on the ratings given to its competitors.

A number of equities analysts recently commented on KVHI shares. Zacks Investment Research upgraded KVH Industries from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a report on Tuesday, October 24th. Needham & Company LLC restated a “buy” rating on shares of KVH Industries in a report on Friday, November 3rd.

Shares of KVH Industries (NASDAQ:KVHI) traded down $0.35 during trading on Monday, reaching $10.45. The company had a trading volume of 32,046 shares, compared to its average volume of 21,954. KVH Industries has a 12 month low of $7.65 and a 12 month high of $12.75. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.30 and a quick ratio of 1.80.

A number of institutional investors have recently made changes to their positions in KVHI. SG Americas Securities LLC purchased a new position in KVH Industries during the 2nd quarter valued at about $108,000. Parametric Portfolio Associates LLC boosted its stake in shares of KVH Industries by 2.2% in the 1st quarter. Parametric Portfolio Associates LLC now owns 20,504 shares of the communications equipment provider’s stock valued at $172,000 after buying an additional 442 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of KVH Industries by 1.9% in the 2nd quarter. PNC Financial Services Group Inc. now owns 22,000 shares of the communications equipment provider’s stock valued at $210,000 after buying an additional 400 shares during the period. Wells Fargo & Company MN boosted its stake in shares of KVH Industries by 73.1% in the 3rd quarter. Wells Fargo & Company MN now owns 17,972 shares of the communications equipment provider’s stock valued at $215,000 after buying an additional 7,588 shares during the period. Finally, SPC Financial Inc. purchased a new position in shares of KVH Industries in the 3rd quarter valued at about $223,000. Institutional investors own 56.46% of the company’s stock.

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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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