Brokerages predict that TheStreet, Inc. (NASDAQ:TST) will post earnings per share (EPS) of ($0.01) for the current quarter, according to Zacks. Two analysts have made estimates for TheStreet’s earnings. The lowest EPS estimate is ($0.01) and the highest is $0.00. TheStreet reported earnings of $0.05 per share during the same quarter last year, which indicates a negative year over year growth rate of 120%. The company is scheduled to issue its next earnings results on Tuesday, May 8th.

On average, analysts expect that TheStreet will report full year earnings of $0.02 per share for the current year, with EPS estimates ranging from $0.00 to $0.04. For the next year, analysts expect that the business will post earnings of $0.04 per share, with EPS estimates ranging from $0.01 to $0.07. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover TheStreet.

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TheStreet (NASDAQ:TST) last announced its earnings results on Monday, March 5th. The information services provider reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.07. The company had revenue of $15.98 million during the quarter, compared to analysts’ expectations of $16.19 million. TheStreet had a net margin of 4.21% and a return on equity of 14.33%.

TST has been the subject of a number of research reports. B. Riley restated a “buy” rating and set a $3.00 target price on shares of TheStreet in a research report on Friday, March 2nd. ValuEngine upgraded shares of TheStreet from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Finally, Zacks Investment Research upgraded shares of TheStreet from a “hold” rating to a “strong-buy” rating and set a $1.50 target price for the company in a research report on Friday, March 9th. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $2.63.

Hedge funds and other institutional investors have recently modified their holdings of the company. Deutsche Bank AG grew its holdings in shares of TheStreet by 48.4% during the fourth quarter. Deutsche Bank AG now owns 185,036 shares of the information services provider’s stock worth $268,000 after buying an additional 60,336 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of TheStreet by 12.7% during the fourth quarter. Renaissance Technologies LLC now owns 2,316,393 shares of the information services provider’s stock worth $3,359,000 after buying an additional 261,593 shares in the last quarter. Finally, Technology Crossover Management VI L.L.C. purchased a new stake in shares of TheStreet during the fourth quarter worth about $8,700,000. Institutional investors and hedge funds own 44.00% of the company’s stock.

TST traded up $0.03 during midday trading on Thursday, reaching $1.85. 35,856 shares of the company’s stock were exchanged, compared to its average volume of 221,997. The stock has a market cap of $93.95, a P/E ratio of 12.73 and a beta of 0.43. TheStreet has a 1-year low of $0.71 and a 1-year high of $2.03.

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About TheStreet

TheStreet, Inc (TheStreet) is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels.

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