Emerald (EEX) Expected to Announce Quarterly Earnings on Wednesday

Emerald (NYSE:EEX) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $108.05 million for the quarter.

Emerald Stock Performance

Shares of EEX stock opened at $4.38 on Wednesday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.27 and a current ratio of 1.27. Emerald has a 1 year low of $3.92 and a 1 year high of $7.05. The stock’s 50-day moving average is $4.64 and its two-hundred day moving average is $4.78. The firm has a market cap of $888.04 million, a price-to-earnings ratio of -8.10 and a beta of 1.43.

Analysts Set New Price Targets

A number of research firms recently issued reports on EEX. Rosenblatt Securities lowered their price target on Emerald from $8.40 to $7.80 and set a “buy” rating on the stock in a report on Thursday, October 31st. Maxim Group lowered their price target on Emerald from $11.00 to $8.00 and set a “buy” rating on the stock in a report on Thursday, October 31st.

About Emerald

Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.