Shares of Emerald Expositions Events Inc (NYSE:EEX) have received an average rating of “Buy” from the nine research firms that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $24.40.
Several equities analysts have weighed in on EEX shares. Zacks Investment Research raised Emerald Expositions Events from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. Robert W. Baird lifted their price objective on Emerald Expositions Events from $23.00 to $24.00 and gave the company a “neutral” rating in a report on Friday, November 3rd.
In other Emerald Expositions Events news, insider William Charles sold 17,675 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $22.28, for a total value of $393,799.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Lori Jenks sold 6,666 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $22.23, for a total value of $148,185.18. The disclosure for this sale can be found here. Insiders have sold a total of 235,883 shares of company stock worth $5,039,458 in the last 90 days.
Shares of Emerald Expositions Events (NYSE:EEX) opened at $20.93 on Friday. Emerald Expositions Events has a one year low of $18.67 and a one year high of $24.56. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.63 and a quick ratio of 0.63.
Emerald Expositions Events (NYSE:EEX) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.37 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.37. The firm had revenue of $100.40 million during the quarter, compared to analysts’ expectations of $107.24 million. Emerald Expositions Events had a return on equity of 7.09% and a net margin of 5.19%. The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.43 EPS. sell-side analysts anticipate that Emerald Expositions Events will post 1.06 EPS for the current fiscal year.
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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