D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) Posts Quarterly Earnings Results, Misses Expectations By $1.58 EPS

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) announced its earnings results on Monday. The company reported ($2.74) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.16) by ($1.58), MarketWatch Earnings reports.

Shares of NASDAQ HEPS opened at $2.85 on Wednesday. D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi has a 52 week low of $2.81 and a 52 week high of $15.23. The business has a fifty day moving average price of $5.31.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. LPL Financial LLC purchased a new position in shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in the third quarter worth $69,000. Morgan Stanley purchased a new position in D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi during the 3rd quarter valued at $133,000. UBS Group AG purchased a new position in D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi during the 3rd quarter valued at $146,000. Geode Capital Management LLC purchased a new position in D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi during the 3rd quarter valued at $206,000. Finally, Cubist Systematic Strategies LLC purchased a new position in D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi during the 3rd quarter valued at $236,000. 4.74% of the stock is currently owned by institutional investors.

A number of analysts recently issued reports on HEPS shares. Bank of America downgraded shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi from a “buy” rating to a “neutral” rating and set a $12.00 price objective for the company. in a report on Tuesday, August 31st. The Goldman Sachs Group started coverage on shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in a report on Tuesday, July 27th. They set a “buy” rating and a $25.90 price objective for the company. Morgan Stanley started coverage on shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in a report on Tuesday, July 27th. They set an “equal weight” rating and a $15.00 price objective for the company. JPMorgan Chase & Co. started coverage on shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in a report on Tuesday, July 27th. They set an “overweight” rating and a $16.40 price objective for the company. Finally, Zacks Investment Research upgraded shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi from a “sell” rating to a “hold” rating in a report on Wednesday, November 3rd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $17.66.

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi Company Profile

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi operates an e-commerce platform. Its platform comprise Hepsiburada to shop a range of products online; HepsiExpress to order groceries and essentials; HepsiGlobal to discover and purchase products from international merchants online; HepsiPay to use various online payment options; and HepsiFly to purchase airline tickets online.

Read More: Green Investing

Receive News & Ratings for D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi and related companies with MarketBeat.com's FREE daily email newsletter.