Shares of TheStreet, Inc. (NASDAQ:TST) have earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Brokers have set a 1 year consensus price target of $10.00 for the company and are anticipating that the company will post ($0.22) EPS for the current quarter, according to Zacks. Zacks has also assigned TheStreet an industry rank of 223 out of 256 based on the ratings given to related companies.
A number of equities analysts have weighed in on the stock. ValuEngine lowered shares of TheStreet from a “hold” rating to a “sell” rating in a research report on Friday, March 15th. Zacks Investment Research lowered shares of TheStreet from a “hold” rating to a “sell” rating in a research report on Tuesday, May 21st. Lake Street Capital lowered shares of TheStreet from a “buy” rating to a “hold” rating and dropped their price target for the stock from $9.00 to $6.33 in a research report on Wednesday, June 12th. Northland Securities upped their price target on shares of TheStreet from $3.00 to $10.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 15th. Finally, B. Riley restated a “buy” rating on shares of TheStreet in a research report on Wednesday, March 13th.
In related news, major shareholder Cannell Capital Llc bought 11,989 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The stock was purchased at an average price of $6.71 per share, for a total transaction of $80,446.19. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders have purchased 15,688 shares of company stock valued at $105,742. 30.00% of the stock is owned by company insiders.
A number of hedge funds have recently added to or reduced their stakes in TST. B. Riley Wealth Management Inc. lifted its position in TheStreet by 33.1% during the fourth quarter. B. Riley Wealth Management Inc. now owns 44,709 shares of the information services provider’s stock valued at $91,000 after purchasing an additional 11,118 shares during the last quarter. Northern Trust Corp lifted its position in TheStreet by 54.4% during the fourth quarter. Northern Trust Corp now owns 84,289 shares of the information services provider’s stock valued at $171,000 after purchasing an additional 29,704 shares during the last quarter. Joel Isaacson & Co. LLC lifted its position in TheStreet by 28.8% during the first quarter. Joel Isaacson & Co. LLC now owns 148,969 shares of the information services provider’s stock valued at $347,000 after purchasing an additional 33,333 shares during the last quarter. Geode Capital Management LLC lifted its position in TheStreet by 83.0% during the fourth quarter. Geode Capital Management LLC now owns 212,443 shares of the information services provider’s stock valued at $431,000 after purchasing an additional 96,383 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in TheStreet by 17.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 228,979 shares of the information services provider’s stock valued at $465,000 after purchasing an additional 33,937 shares during the last quarter.
Shares of TST traded up $0.01 during mid-day trading on Monday, reaching $6.06. The stock had a trading volume of 100 shares, compared to its average volume of 44,802. The firm has a market capitalization of $32.29 million, a price-to-earnings ratio of -10.10 and a beta of 0.19. TheStreet has a 12 month low of $5.48 and a 12 month high of $25.00. The business’s fifty day moving average price is $6.38.
TheStreet (NASDAQ:TST) last posted its quarterly earnings results on Tuesday, May 14th. The information services provider reported ($0.09) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.10) by $0.01. The business had revenue of $6.69 million during the quarter, compared to analyst estimates of $9.37 million. TheStreet had a net margin of 143.87% and a negative return on equity of 2.61%. During the same period in the prior year, the business posted ($0.10) earnings per share. As a group, equities analysts anticipate that TheStreet will post -1.49 EPS for the current year.
TheStreet, Inc, a financial news and information provider, provides business to business (B2B) and business to consumer (B2C) content and products worldwide. The company operates through three segments: TheDeal/BoardEx, RateWatch, and Business to Consumer. Its B2B products include The Deal, a digital subscription model that delivers coverage primarily to institutional investors on changes in corporate control comprising merges and acquisitions, private equity, corporate activism, and restructuring; and BoardEx, an institutional relationship capital management database and platform, which holds profiles of approximately 1 million business leaders.
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