Somewhat Positive Media Coverage Somewhat Unlikely to Impact Emerald Expositions Events (EEX) Share Price
News stories about Emerald Expositions Events (NYSE:EEX) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Emerald Expositions Events earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.5186251921544 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- [$$] Emerald Expositions Buys Connecting Point Marketing Group (finance.yahoo.com)
- BRIEF-Emerald Expositions Acquires Connecting Point Marketing Group (in.reuters.com)
- Emerald Expositions Acquires Connecting Point Marketing Group; Adds Best in Class Hosted-Buyer Model to its Capabilities (finance.yahoo.com)
- Emerald Expositions Events, Inc. breached its 50 day moving average in a Bullish Manner : EEX-US : November 28, 2017 (finance.yahoo.com)
EEX has been the subject of a number of research analyst reports. Robert W. Baird lifted their price objective on shares of Emerald Expositions Events from $23.00 to $24.00 and gave the stock a “neutral” rating in a report on Friday, November 3rd. Zacks Investment Research raised shares of Emerald Expositions Events from a “sell” rating to a “hold” rating in a report on Wednesday, August 30th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $24.40.
Emerald Expositions Events (NYSE:EEX) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.37 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.37. Emerald Expositions Events had a net margin of 5.19% and a return on equity of 7.09%. The firm had revenue of $100.40 million for the quarter, compared to analysts’ expectations of $107.24 million. During the same quarter in the previous year, the company earned $0.43 earnings per share. The company’s revenue for the quarter was down .1% compared to the same quarter last year. analysts expect that Emerald Expositions Events will post 1.06 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 16th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.25%. The ex-dividend date was Wednesday, November 15th.
In related news, Director Jeffrey G. Naylor sold 12,000 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $22.13, for a total transaction of $265,560.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
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Emerald Expositions Events Company Profile
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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