Several other research analysts have also weighed in on EVLV. Zacks Investment Research raised EVINE Live from a hold rating to a buy rating and set a $1.50 price target on the stock in a research report on Monday, March 12th. B. Riley reaffirmed a buy rating and set a $2.00 price target on shares of EVINE Live in a research report on Wednesday, November 22nd. Finally, ValuEngine raised EVINE Live from a strong sell rating to a sell rating in a research report on Friday, December 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. EVINE Live presently has an average rating of Buy and an average price target of $1.97.
EVINE Live (EVLV) opened at $1.03 on Thursday. EVINE Live has a 1 year low of $0.89 and a 1 year high of $1.62. The company has a current ratio of 1.90, a quick ratio of 1.13 and a debt-to-equity ratio of 0.98.
EVINE Live (NASDAQ:EVLV) last posted its quarterly earnings results on Wednesday, March 14th. The company reported $0.10 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.10. The firm had revenue of $192.72 million for the quarter, compared to analyst estimates of $202.20 million. EVINE Live had a return on equity of 0.38% and a net margin of 0.02%. sell-side analysts predict that EVINE Live will post 0.07 earnings per share for the current year.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Municipal Employees Retirement System of Michigan bought a new position in shares of EVINE Live during the 4th quarter worth approximately $482,000. Millennium Management LLC boosted its stake in shares of EVINE Live by 338.1% during the 4th quarter. Millennium Management LLC now owns 263,651 shares of the company’s stock worth $369,000 after acquiring an additional 203,464 shares during the period. Deutsche Bank AG bought a new position in shares of EVINE Live during the 4th quarter worth approximately $249,000. Renaissance Technologies LLC boosted its stake in shares of EVINE Live by 32.7% during the 4th quarter. Renaissance Technologies LLC now owns 1,853,156 shares of the company’s stock worth $2,594,000 after acquiring an additional 456,400 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of EVINE Live by 23.1% during the 4th quarter. Geode Capital Management LLC now owns 388,662 shares of the company’s stock worth $543,000 after acquiring an additional 72,941 shares during the period. Institutional investors own 38.36% of the company’s stock.
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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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