Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company.
According to Zacks, “Favorable advertising trends in the digital section and recent acquisitions continue to favorably impact Meredith’s performance”. The company reported $0.48 EPS for the quarter, beating the analysts’ consensus estimate of $0.45 by $0.03. Peoples United Financial Inc. has dropped 1.65% during the last 3-month period. Nevertheless, Meredith is focused on bolstering advertising revenues, primarily in the digital space, and is increasingly concentrating on brand licensing, marketing services and e-Commerce. The Company’s wholly owned subsidiary Audience, Inc. offers intelligent audio and signal processing solutions. RBC Capital restated an outperform rating and issued a $15.00 price target (up previously from $14.00) on shares of AES Corp in a research report on Saturday, May 23rd. The consensus target price stands at $14.77. Finally, Jefferies Group began coverage on Meredith in a research note on Tuesday, July 21st. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock.
In related news, Director Philip A. Marineau sold 6,315 shares of the firm’s stock in a transaction on Wednesday, July 1st. However, the stock price could fluctuate by $ 1.41 from the estimate as it is suggested by the standard deviation reading.
On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP – Operations) of Sm Energy Co, Vogel Herbert S, had purchased 2,000 shares in a transaction dated on June 8, 2015. This leading 3D printer maker has chose to enhance the capability of its flagship product, CubePro 3D printers with the inclusion of a new Nylon.3D Systems Corporation (NYSE:DDD) shares advanced 0.33% in last trading session and ended the day at $12.25. United Microelectronics Corp has a 52 week low of $1.42 and a 52 week high of $2.55. The company has a market cap of $1,038 million and there are 93,528,000 shares in outstanding.
AES Corp (NYSE:AES) last announced its quarterly earnings results on Monday, August 10th.
A number of brokerages have issued reports on NWE. The business earned $3.86 billion during the quarter, compared to analyst estimates of $4.97 billion. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. On average, analysts forecast that Knowles Corp will post $0.47 EPS for the current year.
Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA) increased 1.99% closed at $9.34 and traded with total volume of 3.21 million shares, while the average trading remained 1.81 million shares.
Meredith Corporation is a media and marketing company. The Company operates through segments, including Entertainment, Cable Networks, Publishing and Local Broadcasting. Natural gas operations segment consists of a natural gas utility business in Montana, which includes production, storage, transmission and distribution.