KVH Industries, Inc. (NASDAQ:KVHI) has been given a consensus broker rating score of 2.50 (Hold) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has given a buy recommendation to the company.

Analysts have set a one year consensus target price of $12.00 for the company and are forecasting that the company will post $0.19 EPS for the current quarter, according to Zacks. Zacks has also given KVH Industries an industry rank of 193 out of 265 based on the ratings given to related companies.

Several research firms have commented on KVHI. Zacks Investment Research cut KVH Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 9th. ValuEngine cut KVH Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th. Finally, Needham & Company LLC restated a “buy” rating on shares of KVH Industries in a research note on Friday, November 3rd.

KVH Industries (NASDAQ KVHI) traded down $0.25 during trading hours on Wednesday, hitting $10.90. The stock had a trading volume of 25,800 shares, compared to its average volume of 16,740. KVH Industries has a fifty-two week low of $7.65 and a fifty-two week high of $12.65. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.30 and a quick ratio of 1.80. The company has a market cap of $190.78, a PE ratio of -10.90 and a beta of 0.76.

KVH Industries (NASDAQ:KVHI) last released its quarterly earnings data on Thursday, November 2nd. The communications equipment provider reported ($0.01) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.04. KVH Industries had a negative return on equity of 1.10% and a negative net margin of 9.77%. equities analysts anticipate that KVH Industries will post -0.07 earnings per share for the current year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its stake in KVH Industries by 1.9% in the 2nd quarter. PNC Financial Services Group Inc. now owns 22,000 shares of the communications equipment provider’s stock valued at $210,000 after acquiring an additional 400 shares in the last quarter. Chicago Equity Partners LLC lifted its stake in KVH Industries by 50.0% in the 3rd quarter. Chicago Equity Partners LLC now owns 62,379 shares of the communications equipment provider’s stock valued at $745,000 after acquiring an additional 20,790 shares in the last quarter. Vanguard Group Inc. lifted its stake in KVH Industries by 5.0% in the 2nd quarter. Vanguard Group Inc. now owns 670,397 shares of the communications equipment provider’s stock valued at $6,369,000 after acquiring an additional 32,022 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in KVH Industries by 5.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,203,037 shares of the communications equipment provider’s stock valued at $11,429,000 after acquiring an additional 59,199 shares in the last quarter. Finally, Moors & Cabot Inc. increased its position in shares of KVH Industries by 12.9% during the 2nd quarter. Moors & Cabot Inc. now owns 105,718 shares of the communications equipment provider’s stock worth $1,016,000 after purchasing an additional 12,100 shares during the last quarter. Hedge funds and other institutional investors own 56.46% of the company’s stock.

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KVH Industries Company Profile

KVH Industries, Inc is a manufacturer of solutions that provide high-speed Internet, television and voice services through satellite to mobile users at sea and on land. The Company also provides commercially licensed entertainment, including news, sports, music and movies, to commercial and leisure customers in the maritime, hotel and retail markets.

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