Shares of Everyday Health Inc. (NYSE:EVDY) have earned an average rating of “Buy” from the seven brokerages that are covering the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $11.63.
A number of analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Everyday Health from a “hold” rating to a “strong-buy” rating and set a $8.50 price target on the stock in a research report on Wednesday, August 24th. TheStreet downgraded shares of Everyday Health from a “hold” rating to a “sell” rating in a research report on Wednesday, August 17th. Finally, Leerink Swann reiterated an “outperform” rating on shares of Everyday Health in a research report on Friday, June 24th.
Shares of Everyday Health (NYSE:EVDY) opened at 7.85 on Friday. Everyday Health has a 52-week low of $3.71 and a 52-week high of $10.59. The company’s market capitalization is $236.21 million. The firm has a 50-day moving average of $7.65 and a 200 day moving average of $6.90.
Everyday Health (NYSE:EVDY) last issued its earnings results on Thursday, August 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.02. The company had revenue of $57.65 million for the quarter, compared to analyst estimates of $57.51 million. Everyday Health had a negative net margin of 12.19% and a positive return on equity of 1.04%. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.27 EPS. On average, analysts anticipate that Everyday Health will post $0.48 EPS for the current year.
A number of hedge funds have recently made changes to their positions in EVDY. Bank of Montreal Can bought a new stake in shares of Everyday Health during the second quarter valued at approximately $191,000. Anderson Hoagland & Co. increased its stake in shares of Everyday Health by 4.0% in the second quarter. Anderson Hoagland & Co. now owns 141,672 shares of the company’s stock valued at $1,116,000 after buying an additional 5,460 shares during the period. A.R.T. Advisors LLC increased its stake in shares of Everyday Health by 13.6% in the first quarter. A.R.T. Advisors LLC now owns 87,623 shares of the company’s stock valued at $490,000 after buying an additional 10,500 shares during the period. Jacobs Levy Equity Management Inc. bought a new stake in shares of Everyday Health during the first quarter valued at approximately $894,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Everyday Health during the first quarter valued at approximately $363,000. Hedge funds and other institutional investors own 65.22% of the company’s stock.
Everyday Health Company Profile
Everyday Health, Inc, formerly Waterfront Media Inc, operates a digital marketing and communications platform for healthcare marketers that want to engage with consumers and healthcare professionals. The Company’s platform combines content from brands, data and analytics. The Company’s segment is providing digital health marketing and communications solutions.
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