Shares of MNTN Inc. (NYSE:MNTN – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the twelve analysts that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $19.85.
MNTN has been the topic of a number of research analyst reports. Wall Street Zen downgraded MNTN from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. Canaccord Genuity Group lowered their price target on MNTN from $20.00 to $18.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Citizens Jmp lowered their price target on MNTN from $23.00 to $19.00 and set a “market outperform” rating on the stock in a report on Wednesday, May 6th. Raymond James Financial reaffirmed an “outperform” rating and set a $15.00 price target on shares of MNTN in a report on Wednesday, May 6th. Finally, Weiss Ratings upgraded shares of MNTN from a “sell (e+)” rating to a “sell (d)” rating in a report on Thursday, May 28th.
View Our Latest Report on MNTN
Institutional Investors Weigh In On MNTN
MNTN Stock Up 1.5%
Shares of MNTN opened at $9.16 on Friday. The company has a market capitalization of $558.91 million and a P/E ratio of -305.37. The firm has a 50 day moving average of $8.99 and a 200 day moving average of $9.80. MNTN has a twelve month low of $7.67 and a twelve month high of $32.00.
MNTN (NYSE:MNTN – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.01). The firm had revenue of $73.70 million for the quarter, compared to the consensus estimate of $72.63 million. MNTN had a net margin of 7.84% and a return on equity of 16.44%. MNTN’s revenue was up 14.2% on a year-over-year basis. During the same period last year, the business earned ($1.41) EPS. On average, sell-side analysts expect that MNTN will post 0.99 EPS for the current year.
MNTN Company Profile
MNTN is a software platform specializing in connected television (CTV) advertising, offering marketers the tools to plan, launch and measure streaming TV campaigns. Its platform enables brands to reach audiences across major OTT and CTV channels, helping advertisers target viewers based on demographic, behavioral and contextual data.
The company’s core product suite includes campaign management, real-time bidding and performance analytics. MNTN integrates with leading streaming services and ad exchanges, allowing clients to execute programmatic buys, track view-through conversions and optimize media spend through automated reporting dashboards.
Founded by experienced digital advertising professionals, MNTN is headquartered in Austin, Texas, and primarily serves brands and agencies across the United States and Canada.
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