Viad (NYSE:VVI - Get Free Report) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating in a note issued to investors on Wednesday.
Other equities research analysts also recently issued reports about the company. TheStreet upgraded Viad from a "d+" rating to a "c-" rating in a report on Wednesday, March 20th. B. Riley reiterated a "buy" rating and issued a $50.00 price target (up from $46.00) on shares of Viad in a report on Wednesday, March 6th. One research analyst has rated the stock with a sell rating and three have given a buy rating to the company's stock. According to MarketBeat.com, Viad presently has a consensus rating of "Moderate Buy" and a consensus price target of $44.33.
Get Our Latest Research Report on Viad
Viad Trading Down 0.4 %
Shares of NYSE VVI traded down $0.14 during midday trading on Wednesday, hitting $35.31. The company's stock had a trading volume of 57,611 shares, compared to its average volume of 84,076. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 4.67. The business's 50 day moving average is $36.01 and its two-hundred day moving average is $34.70. Viad has a 12-month low of $22.66 and a 12-month high of $39.98. The firm has a market cap of $746.03 million, a P/E ratio of -92.92, a price-to-earnings-growth ratio of 1.45 and a beta of 1.97.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Louisiana State Employees Retirement System bought a new stake in Viad during the 4th quarter valued at $380,000. Bailard Inc. bought a new stake in Viad during the 4th quarter valued at $212,000. Hsbc Holdings PLC bought a new stake in Viad during the 3rd quarter valued at $205,000. Semanteon Capital Management LP bought a new stake in Viad during the 4th quarter valued at $329,000. Finally, Barclays PLC boosted its position in Viad by 40.2% during the 3rd quarter. Barclays PLC now owns 22,171 shares of the business services provider's stock valued at $582,000 after acquiring an additional 6,352 shares in the last quarter. Institutional investors own 89.91% of the company's stock.
About Viad
(
Get Free Report)
Viad Corp provides hospitality, leisure activities, experiential marketing, and live events in the United States, Canada, Europe, the Middle East, and Africa. It operates in three segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment offers recreational attractions, hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.
Further Reading
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