Media headlines about KVH Industries (NASDAQ:KVHI) have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. KVH Industries earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the communications equipment provider an impact score of 60 out of 100, meaning that recent media coverage is somewhat likely to have an effect on the company’s share price in the next several days.
KVH Industries (KVHI) traded up 0.49% during midday trading on Wednesday, hitting $10.20. The company had a trading volume of 9,537 shares. The stock has a 50 day moving average of $9.55 and a 200 day moving average of $9.35. KVH Industries has a 52-week low of $7.50 and a 52-week high of $12.75. The firm’s market cap is $173.64 million.
KVH Industries (NASDAQ:KVHI) last posted its quarterly earnings data on Tuesday, May 9th. The communications equipment provider reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.08. KVH Industries had a positive return on equity of 2.17% and a negative net margin of 5.46%. The business had revenue of $40.20 million for the quarter, compared to analysts’ expectations of $39.58 million. During the same quarter last year, the firm earned ($0.04) earnings per share. The business’s revenue was down .5% on a year-over-year basis. On average, analysts anticipate that KVH Industries will post ($0.01) EPS for the current year.
KVHI has been the topic of a number of analyst reports. Raymond James Financial, Inc. downgraded KVH Industries from a “strong-buy” rating to an “outperform” rating and reduced their price objective for the stock from $11.00 to $9.00 in a research report on Tuesday, March 28th. Zacks Investment Research downgraded KVH Industries from a “hold” rating to a “sell” rating in a research report on Thursday, March 30th. TheStreet upgraded KVH Industries from a “d+” rating to a “c-” rating in a research report on Wednesday, June 7th. Finally, Needham & Company LLC restated a “buy” rating and issued a $10.00 target price on shares of KVH Industries in a research report on Friday, May 12th.
KVH Industries Company Profile
KVH Industries, Inc is a manufacturer of solutions that provide high-speed Internet, television and voice services through satellite to mobile users at sea and on land. The Company also provides commercially licensed entertainment, including news, sports, music and movies, to commercial and leisure customers in the maritime, hotel and retail markets.
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