HSN, Inc. (HSNI) Given Consensus Recommendation of “Hold” by Brokerages

Shares of HSN, Inc. (NASDAQ:HSNI) have been assigned a consensus recommendation of “Hold” from the ten research firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $44.60.

A number of analysts recently commented on HSNI shares. UBS Group lowered their price objective on shares of HSN from $46.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, November 9th. B. Riley restated a “hold” rating on shares of HSN in a research report on Tuesday, January 2nd. BidaskClub upgraded shares of HSN from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. Finally, Zacks Investment Research cut shares of HSN from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th.

The company has a debt-to-equity ratio of 2.02, a current ratio of 1.53 and a quick ratio of 0.60. HSN has a 52-week low of $30.90 and a 52-week high of $44.15. The company has a market cap of $2,120.00, a price-to-earnings ratio of 18.68, a price-to-earnings-growth ratio of 1.64 and a beta of 1.41.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lourd Capital LLC bought a new position in HSN during the 4th quarter worth about $208,000. FNY Partners Fund LP bought a new position in HSN during the 4th quarter worth about $15,661,000. APG Asset Management N.V. bought a new position in HSN during the 4th quarter worth about $1,593,000. SG Americas Securities LLC bought a new position in HSN during the 4th quarter worth about $456,000. Finally, FNY Managed Accounts LLC bought a new position in HSN during the 4th quarter worth about $2,735,000. Institutional investors and hedge funds own 57.49% of the company’s stock.

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HSN Company Profile

HSN, Inc is an interactive multi-channel retailer. The Company markets and sells a range of third party and merchandise directly to consumers through various platforms, including television home shopping programing broadcast on the HSN television networks and other direct-response television marketing; catalogs, consisting of the Cornerstone portfolio of print catalogs, which includes, Ballard Designs, Frontgate, Garnet Hill, Grandin Road and Improvements; Websites, which consist primarily of HSN.com, joymangano.com and the five branded Websites operated by Cornerstone; mobile devices; retail and outlet stores, and wholesale distribution of certain products to other retailers.

Analyst Recommendations for HSN (NASDAQ:HSNI)

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