Viad (VVI) Earns Media Impact Rating of 0.14
Press coverage about Viad (NYSE:VVI) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Viad earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 48.0840452050957 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Analysts Expect Viad Corp (VVI) to Post ($0.51) Earnings Per Share (americanbankingnews.com)
- Zacks Investment Research Lowers Viad (VVI) to Strong Sell (americanbankingnews.com)
- Viad Corp to Post Q2 2018 Earnings of $1.31 Per Share, Northcoast Research Forecasts (VVI) (americanbankingnews.com)
- Viad is Now Oversold (nasdaq.com)
- From February 11-14 Milan and Mipel Will Be The Window for 8 Special Innovative Brands (prweb.com)
Several brokerages have commented on VVI. ValuEngine upgraded shares of Viad from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Zacks Investment Research cut shares of Viad from a “hold” rating to a “strong sell” rating in a report on Wednesday.
Viad (NYSE:VVI) last announced its earnings results on Thursday, February 8th. The business services provider reported ($0.26) EPS for the quarter, topping the consensus estimate of ($0.30) by $0.04. Viad had a net margin of 4.42% and a return on equity of 12.73%. The company had revenue of $277.30 million during the quarter, compared to analysts’ expectations of $266.85 million. During the same period last year, the company posted ($0.11) earnings per share. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. sell-side analysts predict that Viad will post 2.73 EPS for the current year.
In other Viad news, Director Robert E. Munzenrider sold 2,100 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $56.01, for a total value of $117,621.00. Following the completion of the transaction, the director now directly owns 21,179 shares in the company, valued at $1,186,235.79. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 2.00% of the company’s stock.
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Viad Company Profile
Viad Corp is an international experiential services company. The Company operates through two main business groups: GES, which is a live event service provider to some of the visible and influential events and global brands, and Pursuit, which is a collection of destination travel experiences. GES conducts its operations through two geographical segments: GES U.S., which has full-service operations in exhibition market in the United States, including Las Vegas, Nevada; Chicago, Illinois; Orlando, Florida; New York, New York, and Los Angeles, California, and GES International, which had full-service operations at many of the event destinations and venues.
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