Viad Corp (NYSE:VVI) has earned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation.
Analysts have set a one year consensus price target of $57.25 for the company and are forecasting that the company will post ($0.53) EPS for the current quarter, according to Zacks. Zacks has also given Viad an industry rank of 121 out of 265 based on the ratings given to related companies.
A number of research analysts recently commented on VVI shares. ValuEngine upgraded shares of Viad from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research lowered shares of Viad from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 14th.
Shares of Viad (NYSE VVI) traded down $1.25 on Thursday, reaching $52.15. 120,489 shares of the company were exchanged, compared to its average volume of 123,369. Viad has a twelve month low of $42.05 and a twelve month high of $61.85. The firm has a market cap of $1,060.00, a price-to-earnings ratio of 14.33 and a beta of 0.51. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.60 and a current ratio of 0.71.
Viad (NYSE:VVI) last announced its quarterly earnings results on Thursday, February 8th. The business services provider reported ($0.26) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.30) by $0.04. Viad had a net margin of 4.42% and a return on equity of 12.73%. The business had revenue of $277.30 million for the quarter, compared to analyst estimates of $266.85 million. During the same quarter in the prior year, the business earned ($0.11) EPS. Viad’s quarterly revenue was up 8.2% on a year-over-year basis. analysts anticipate that Viad will post 2.73 earnings per share for the current year.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Bowling Portfolio Management LLC boosted its holdings in Viad by 31.4% in the 4th quarter. Bowling Portfolio Management LLC now owns 31,820 shares of the business services provider’s stock valued at $1,763,000 after purchasing an additional 7,613 shares during the period. Prudential Financial Inc. boosted its holdings in Viad by 8.1% in the 3rd quarter. Prudential Financial Inc. now owns 79,202 shares of the business services provider’s stock valued at $4,823,000 after purchasing an additional 5,910 shares during the period. Algert Global LLC boosted its holdings in Viad by 84.2% in the 3rd quarter. Algert Global LLC now owns 27,370 shares of the business services provider’s stock valued at $1,667,000 after purchasing an additional 12,510 shares during the period. State Street Corp boosted its holdings in Viad by 4.4% in the 2nd quarter. State Street Corp now owns 512,684 shares of the business services provider’s stock valued at $24,227,000 after purchasing an additional 21,649 shares during the period. Finally, Alps Advisors Inc. bought a new stake in Viad in the 3rd quarter valued at about $520,000. 82.77% of the stock is owned by hedge funds and other institutional investors.
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Viad Corp is an international experiential services company. The Company operates through two main business groups: GES, which is a live event service provider to some of the visible and influential events and global brands, and Pursuit, which is a collection of destination travel experiences. GES conducts its operations through two geographical segments: GES U.S., which has full-service operations in exhibition market in the United States, including Las Vegas, Nevada; Chicago, Illinois; Orlando, Florida; New York, New York, and Los Angeles, California, and GES International, which had full-service operations at many of the event destinations and venues.
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