Press coverage about HSN (NASDAQ:HSNI) has been trending somewhat positive this week, Alpha One Sentiment Analysis reports. The research firm, a division of Accern, ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. HSN earned a news impact score of 0.04 on Alpha One’s scale. Alpha One also assigned news articles about the specialty retailer an impact score of 78 out of 100, meaning that recent press coverage is likely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Alpha One Sentiment Analysis’s rankings:
A number of equities analysts have commented on HSNI shares. Maxim Group set a $46.00 price objective on shares of HSN and gave the stock a “buy” rating in a research report on Thursday. Wunderlich reaffirmed a “buy” rating and set a $42.00 price objective on shares of HSN in a research report on Saturday, January 14th. Zacks Investment Research raised shares of HSN from a “sell” rating to a “hold” rating in a research report on Tuesday, January 10th. Craig Hallum set a $40.00 price objective on shares of HSN and gave the stock a “hold” rating in a research report on Thursday. Finally, Aegis initiated coverage on shares of HSN in a research report on Tuesday, April 11th. They issued a “hold” rating and a $41.00 target price for the company. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $45.13.
Shares of HSN (NASDAQ:HSNI) traded up 0.28% during midday trading on Friday, hitting $35.50. 289,621 shares of the stock were exchanged. HSN has a 1-year low of $30.75 and a 1-year high of $54.03. The stock’s 50-day moving average price is $36.53 and its 200-day moving average price is $36.41. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 15.78 and a beta of 1.13.
HSN (NASDAQ:HSNI) last posted its quarterly earnings results on Wednesday, May 3rd. The specialty retailer reported $0.40 earnings per share for the quarter, hitting the consensus estimate of $0.40. The company earned $785.40 million during the quarter, compared to the consensus estimate of $785.22 million. HSN had a return on equity of 100.35% and a net margin of 3.76%. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.54 EPS. On average, analysts forecast that HSN will post $2.44 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 21st. Shareholders of record on Wednesday, June 7th will be paid a $0.35 dividend. The ex-dividend date is Monday, June 5th. This represents a $1.40 annualized dividend and a yield of 3.94%. HSN’s dividend payout ratio is currently 55.12%.
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.