Everyday Health (EVDY) Posts Quarterly Earnings, Beats Expectations By $0.01 EPS
Everyday Health (NASDAQ:EVDY) issued its quarterly earnings data on Monday. The company reported $0.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.06 by $0.01, StockRatingsNetwork.com reports. The company had revenue of $41.40 million for the quarter, compared to the consensus estimate of $40.76 million.
Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus raised their price target on shares of Everyday Health from $18.00 to $22.00 in a research note on Monday, June 23rd. They now have a “buy” rating on the stock. On a related note, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Everyday Health in a research note on Friday, May 16th. They now have a $16.00 price target on the stock. Finally, analysts at SunTrust reiterated a “buy” rating on shares of Everyday Health in a research note on Friday, May 16th. They now have a $20.00 price target on the stock. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $19.80.
Shares of Everyday Health (NASDAQ:EVDY) traded up 4.25% on Monday, hitting $16.92. 298,963 shares of the company’s stock traded hands. Everyday Health has a 1-year low of $11.84 and a 1-year high of $19.89. The stock’s 50-day moving average is $17.48 and its 200-day moving average is $16.07. The company’s market cap is $509.1 million.
Everyday Health, Inc is a provider of digital health and wellness solutions. The Company provides consumers and healthcare professionals with a multi-brand, multi-channel content experience that can be accessed anytime and anywhere a health-related decision is made.
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