According to Zacks, “Everyday Health, Inc. is a provider of digital health and wellness solutions. The Company’s portfolio of properties consists of websites, mobile applications, YouTube shows, social media destinations. Consumers use its content, interactive tools and mobile applications to manage a broad array of health and wellness needs on a daily basis, including weight loss, exercise, healthy pregnancy, diet and nutrition and medical conditions. It serves patients throughout the United States. Everyday Health, Inc. is headquartered in New York. “
Other equities research analysts also recently issued research reports about the stock. TheStreet downgraded shares of Everyday Health from a hold rating to a sell rating in a research report on Wednesday, August 17th. Leerink Swann restated an outperform rating on shares of Everyday Health in a research report on Friday, June 24th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of $11.67.
Everyday Health (NYSE:EVDY) remained flat at $8.10 during midday trading on Thursday. The company had a trading volume of 52,806 shares. The firm’s 50 day moving average price is $7.73 and its 200-day moving average price is $7.13. Everyday Health has a 52-week low of $3.71 and a 52-week high of $10.59. The stock’s market capitalization is $243.74 million.
Everyday Health (NYSE:EVDY) last released its quarterly earnings results on Thursday, August 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.02. Everyday Health had a positive return on equity of 1.04% and a negative net margin of 12.19%. The firm had revenue of $57.65 million for the quarter, compared to analyst estimates of $57.51 million. During the same quarter last year, the company posted $0.27 earnings per share. The business’s revenue was up 5.2% on a year-over-year basis. On average, analysts forecast that Everyday Health will post $0.48 earnings per share for the current year.
Several large investors have recently bought and sold shares of EVDY. California State Teachers Retirement System increased its stake in Everyday Health by 30.0% in the second quarter. California State Teachers Retirement System now owns 59,391 shares of the company’s stock worth $468,000 after buying an additional 13,693 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Everyday Health by 23.2% in the second quarter. Bank of New York Mellon Corp now owns 87,331 shares of the company’s stock worth $688,000 after buying an additional 16,430 shares during the last quarter. Essex Investment Management Co. LLC bought a new stake in Everyday Health during the second quarter worth about $856,000. Bank of Montreal Can bought a new stake in Everyday Health during the second quarter worth about $191,000. Finally, Anderson Hoagland & Co. increased its stake in Everyday Health by 4.0% in the second quarter. Anderson Hoagland & Co. now owns 141,672 shares of the company’s stock worth $1,116,000 after buying an additional 5,460 shares during the last quarter. 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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