Shares of Hemisphere Media Group Inc (NASDAQ:HMTV) have been given a consensus broker rating score of 2.00 (Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a buy recommendation.
Brokers have set a 1 year consensus target price of $17.00 for the company, according to Zacks. Zacks has also assigned Hemisphere Media Group an industry rank of 95 out of 255 based on the ratings given to related companies.
A number of equities analysts have recently commented on HMTV shares. BidaskClub upgraded Hemisphere Media Group from a “strong sell” rating to a “sell” rating in a report on Thursday. Wells Fargo & Co started coverage on Hemisphere Media Group in a report on Sunday, October 13th. They issued an “outperform” rating and a $17.00 target price for the company.
Shares of Hemisphere Media Group stock traded down $0.01 on Tuesday, reaching $12.79. The company had a trading volume of 18,557 shares, compared to its average volume of 26,036. The company has a debt-to-equity ratio of 0.89, a current ratio of 4.36 and a quick ratio of 4.36. The firm’s 50-day moving average price is $12.18 and its two-hundred day moving average price is $13.07. Hemisphere Media Group has a 1 year low of $11.33 and a 1 year high of $15.26.
Hemisphere Media Group (NASDAQ:HMTV) last announced its earnings results on Monday, August 5th. The company reported ($0.06) EPS for the quarter. The company had revenue of $39.15 million during the quarter. Hemisphere Media Group had a negative return on equity of 0.99% and a negative net margin of 1.45%.
About Hemisphere Media Group
Hemisphere Media Group Inc, the Spanish-language media company, operates broadcast and cable television networks, and digital content platforms. It operates Cinelatino, a cable movie network with approximately 21 million subscribers in the United States, Latin America, and Canada; WAPA, a broadcast television network and television content producer; and WAPA.TV, a news and entertainment Website, as well as distributes WAPA2 Deportes, a sports television network in Puerto Rico.
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