EVINE Live (NASDAQ:EVLV) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.00-0.04 for the period, compared to the Thomson Reuters consensus estimate of $0.01.
Shares of EVINE Live (EVLV) traded up $0.01 during midday trading on Thursday, hitting $1.47. The company had a trading volume of 230,438 shares, compared to its average volume of 249,003. EVINE Live has a 1-year low of $0.89 and a 1-year high of $1.86. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.27 and a current ratio of 1.90.
EVINE Live (NASDAQ:EVLV) last issued its quarterly earnings results on Tuesday, November 21st. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. The company had revenue of $150.20 million for the quarter, compared to analysts’ expectations of $154.80 million. EVINE Live had a negative return on equity of 5.30% and a negative net margin of 0.66%. The firm’s revenue for the quarter was down .9% on a year-over-year basis. During the same period last year, the firm earned ($0.06) EPS. research analysts forecast that EVINE Live will post 0.01 earnings per share for the current year.
EVLV has been the topic of several recent research reports. B. Riley restated a buy rating and set a $2.00 target price on shares of EVINE Live in a report on Wednesday, August 16th. ValuEngine lowered EVINE Live from a sell rating to a strong sell rating in a research note on Thursday, September 7th. DA Davidson assumed coverage on EVINE Live in a research note on Friday, September 22nd. They set a buy rating and a $1.30 price target on the stock. Finally, Zacks Investment Research downgraded EVINE Live from a hold rating to a sell rating in a report on Monday, September 25th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of $1.95.
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EVINE Live Company Profile
EVINE Live Inc is a digital commerce company. The Company operates through the digital commerce retailing segment. The Company offers a mix of brands directly to consumers in an engaging and informative shopping experience through television (TV), online and mobile devices. It operates an around the clock television shopping network, EVINE Live, which is distributed primarily on cable and satellite systems, through which the Company offers brand products in the categories of jewelry and watches, home and consumer electronics, beauty, and fashion and accessories.
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