Hemisphere Media Group Inc (NASDAQ:HMTV) has been assigned a consensus broker rating score of 1.50 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy rating and one has issued a strong buy rating on the company. Hemisphere Media Group’s rating score has declined by 50% in the last three months as a result of various analysts’ upgrades and downgrades.
Brokerages have set a twelve-month consensus target price of $17.00 for the company, according to Zacks. Zacks has also assigned Hemisphere Media Group an industry rank of 207 out of 265 based on the ratings given to related companies.
Several equities analysts recently issued reports on the stock. Royal Bank of Canada cut their price target on shares of Hemisphere Media Group from $16.00 to $15.00 and set an “outperform” rating for the company in a report on Wednesday, November 8th. BidaskClub raised shares of Hemisphere Media Group from a “strong sell” rating to a “sell” rating in a report on Wednesday, December 6th.
Hemisphere Media Group (NASDAQ:HMTV) traded down $0.10 during trading hours on Monday, hitting $11.20. 111,800 shares of the stock were exchanged, compared to its average volume of 77,825. The company has a market cap of $460.62, a P/E ratio of 30.27 and a beta of 0.40. Hemisphere Media Group has a one year low of $10.65 and a one year high of $13.20. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 0.76.
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About Hemisphere Media Group
Hemisphere Media Group, Inc is a Spanish-language media company. As of December 31, 2016, the Company served the United States Hispanic and Latin American markets with five Spanish-language cable television networks distributed in the United States, two Spanish-language cable television networks distributed in Latin America, and a broadcast television network in Puerto Rico.
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