Emerald Expositions Events (EEX) Getting Somewhat Positive Media Coverage, Study Shows

Headlines about Emerald Expositions Events (NYSE:EEX) have been trending somewhat positive on Wednesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Emerald Expositions Events earned a news impact score of 0.07 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.2584434462419 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

A number of analysts have weighed in on EEX shares. Zacks Investment Research raised shares of Emerald Expositions Events from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Robert W. Baird raised their price objective on shares of Emerald Expositions Events from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday, November 3rd. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $24.40.

Shares of Emerald Expositions Events (EEX) opened at $19.80 on Wednesday. Emerald Expositions Events has a 52-week low of $18.67 and a 52-week high of $24.56. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.63 and a current ratio of 0.63.

Emerald Expositions Events (NYSE:EEX) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.37 EPS for the quarter, hitting the consensus estimate of $0.37. The company had revenue of $100.40 million during the quarter, compared to the consensus estimate of $107.24 million. Emerald Expositions Events had a net margin of 5.19% and a return on equity of 7.09%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter last year, the firm posted $0.43 EPS. equities analysts forecast that Emerald Expositions Events will post 1.06 earnings per share for the current fiscal year.

In related news, SVP Lori Jenks sold 6,666 shares of Emerald Expositions Events stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $22.23, for a total value of $148,185.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jeffrey G. Naylor sold 12,000 shares of Emerald Expositions Events stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $22.13, for a total transaction of $265,560.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 235,883 shares of company stock valued at $5,039,458.

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About Emerald Expositions Events

Emerald Expositions Events, Inc (Emerald), formerly Expo Event Holdco, Inc, is an operator of business-to-business (B2B) trade shows. The Company operates across multiple sectors, which includes: Gift, Home and General Merchandise; Sports; Design and Construction; Technology; Jewelry; Other Trade Shows; and Other Events.

Insider Buying and Selling by Quarter for Emerald Expositions Events (NYSE:EEX)

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