HSN, Inc. (NASDAQ:HSNI) has received a consensus rating of “Hold” from the ten research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $44.60.
Several research firms have recently commented on HSNI. B. Riley reissued a “hold” rating and issued a $36.00 price objective on shares of HSN in a report on Thursday, November 9th. UBS Group cut their price objective on HSN from $46.00 to $45.00 and set a “buy” rating for the company in a report on Thursday, November 9th. Zacks Investment Research cut HSN from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. Finally, BidaskClub upgraded HSN from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th.
HSN (NASDAQ HSNI) traded down $1.60 during midday trading on Friday, hitting $40.35. The stock had a trading volume of 11,572,300 shares, compared to its average volume of 536,533. The firm has a market cap of $2,120.00, a P/E ratio of 18.68, a PEG ratio of 1.64 and a beta of 1.41. The company has a current ratio of 1.53, a quick ratio of 0.60 and a debt-to-equity ratio of 2.02. HSN has a 12 month low of $30.90 and a 12 month high of $44.15.
HSN (NASDAQ:HSNI) last released its quarterly earnings data on Wednesday, November 8th. The specialty retailer reported $0.37 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.07). The company had revenue of $782.56 million during the quarter, compared to analyst estimates of $804.04 million. HSN had a net margin of 3.29% and a return on equity of 56.55%. The company’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.52 EPS. equities analysts predict that HSN will post 2.32 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently bought and sold shares of HSNI. Schwab Charles Investment Management Inc. increased its position in HSN by 15.9% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 273,658 shares of the specialty retailer’s stock worth $8,730,000 after buying an additional 37,466 shares during the period. Legal & General Group Plc increased its position in HSN by 18.9% during the 2nd quarter. Legal & General Group Plc now owns 29,570 shares of the specialty retailer’s stock worth $943,000 after buying an additional 4,690 shares during the period. Principal Financial Group Inc. increased its position in HSN by 4.3% during the 2nd quarter. Principal Financial Group Inc. now owns 130,596 shares of the specialty retailer’s stock worth $4,166,000 after buying an additional 5,414 shares during the period. Teachers Advisors LLC increased its position in HSN by 9.6% during the 2nd quarter. Teachers Advisors LLC now owns 331,205 shares of the specialty retailer’s stock worth $10,565,000 after buying an additional 29,108 shares during the period. Finally, TIAA CREF Investment Management LLC increased its position in HSN by 1.2% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 252,511 shares of the specialty retailer’s stock worth $8,055,000 after buying an additional 3,059 shares during the period. Institutional investors and hedge funds own 57.49% of the company’s stock.
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.
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