Shares of Bending Spoons S.p.A. (NASDAQ:BSP – Get Free Report) have been assigned a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $44.00.
Several research analysts have recently weighed in on BSP shares. Evercore initiated coverage on shares of Bending Spoons in a research note on Monday, July 27th. They set a “hold” rating and a $36.00 price objective on the stock. Bank of America lowered their price target on shares of Bending Spoons from $39.00 to $36.00 and set an “underperform” rating on the stock in a report on Tuesday, September 29th. Weiss Ratings began coverage on Bending Spoons in a report on Friday, September 25th. They set a “sell (d+)” rating for the company. Sanford C. Bernstein reiterated an “outperform” rating and set a $47.00 target price on shares of Bending Spoons in a research note on Friday, August 14th. Finally, Zacks Research upgraded Bending Spoons to a “hold” rating in a research note on Tuesday, July 28th.
Get Our Latest Analysis on Bending Spoons
Bending Spoons Trading Down 0.6%
Shares of NASDAQ:BSP opened at $41.31 on Wednesday. The company has a 50 day moving average price of $40.63. The company has a debt-to-equity ratio of 3.25, a quick ratio of 0.64 and a current ratio of 0.64. Bending Spoons has a fifty-two week low of $30.11 and a fifty-two week high of $59.50.
Bending Spoons (NASDAQ:BSP – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.19. The business had revenue of $704.15 million during the quarter. The firm’s revenue was up 126.3% compared to the same quarter last year. Sell-side analysts predict that Bending Spoons will post 1.36 EPS for the current year.
About Bending Spoons
Bending Spoons is a technology company that develops and operates digital products, including mobile apps and online services. Its offerings span areas such as photo and video editing, productivity, fitness and social networking, with products including Remini, Splice, Evernote and Meetup. Founded in 2013 and headquartered in Milan, Italy, the company has grown through both product development and acquisitions. It serves users internationally through digital platforms and subscription-based services.
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