EVINE Live (NASDAQ:EVLV) had its target price decreased by Lake Street Capital to $2.00 in a report issued on Thursday, March 15th. Lake Street Capital currently has a buy rating on the stock.
Several other equities research analysts have also recently issued reports on EVLV. B. Riley reiterated a buy rating and set a $2.00 price objective on shares of EVINE Live in a research report on Wednesday, November 22nd. Zacks Investment Research upgraded shares of EVINE Live from a hold rating to a buy rating and set a $1.50 price objective on the stock in a research report on Thursday, November 23rd. Finally, ValuEngine upgraded shares of EVINE Live from a strong sell rating to a sell rating in a research report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. EVINE Live currently has a consensus rating of Buy and an average target price of $1.97.
EVLV opened at $0.93 on Thursday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.90 and a quick ratio of 1.13. EVINE Live has a 12-month low of $0.89 and a 12-month high of $1.62.
EVINE Live (NASDAQ:EVLV) last issued its quarterly earnings results on Wednesday, March 14th. The company reported $0.10 earnings per share for the quarter, meeting the consensus estimate of $0.10. The business had revenue of $192.72 million for the quarter, compared to the consensus estimate of $202.20 million. EVINE Live had a net margin of 0.02% and a return on equity of 0.38%. analysts predict that EVINE Live will post 0.01 earnings per share for the current fiscal year.
Hedge funds have recently bought and sold shares of the business. Acadian Asset Management LLC bought a new position in EVINE Live during the fourth quarter valued at $112,000. Deutsche Bank AG bought a new position in EVINE Live during the fourth quarter valued at $249,000. Goldman Sachs Group Inc. boosted its stake in shares of EVINE Live by 71.5% during the second quarter. Goldman Sachs Group Inc. now owns 236,762 shares of the company’s stock valued at $237,000 after purchasing an additional 98,744 shares during the period. Macquarie Group Ltd. purchased a new stake in shares of EVINE Live during the third quarter valued at $251,000. Finally, Millennium Management LLC boosted its stake in shares of EVINE Live by 338.1% during the fourth quarter. Millennium Management LLC now owns 263,651 shares of the company’s stock valued at $369,000 after purchasing an additional 203,464 shares during the period. Institutional investors and hedge funds own 38.34% of the company’s stock.
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About EVINE Live
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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