NASDAQ:FLNTFluent Stock Price, Forecast & News

$2.16

+0.09 (+4.35 %)

(As of 05/28/2020 03:09 PM ET)

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Today's Range

$2.06

Now: $2.16▼

$2.17

50-Day Range

$1.21

MA: $1.79▼

$2.27

52-Week Range

$1.02

Now: $2.16▼

$6.12

Volume4,777 shs

Average Volume265,155 shs

Market Capitalization$164.66 million

P/E RatioN/A

Dividend YieldN/A

Beta2.43

Fluent, Inc. provides data-driven digital marketing services primarily in the United States. The company also offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers. It delivers data and performance-based marketing executions to approximately 500 consumer brands, direct marketers, and agencies across a range of industries, including financial services, retail and consumer, media and entertainment, staffing and recruitment, and marketing services. The company was formerly known as Cogint, Inc. and changed its name to Fluent, Inc. in April 2018. Fluent, Inc. is headquartered in New York, New York.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Fluent has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $5.00, Fluent has a potential upside of 131.5% from its current price of $2.16.
Amount of Analyst Coverage
Fluent has only been the subject of 1 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Fluent has received 150 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Fluent has received 193 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Fluent has received 56.27% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Fluent and other stocks. Vote “Outperform” if you believe FLNT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FLNT will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Fluent does not currently pay a dividend.
Dividend Growth
Fluent does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Fluent insiders have bought more of their company's stock than they have sold. Specifically, they have bought $40,839.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 20.20% of the stock of Fluent is held by insiders.
Percentage Held by Institutions
Only 31.62% of the stock of Fluent is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Fluent are expected to grow in the coming year, from ($0.03) to $0.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Fluent is -72.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Fluent is -72.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Fluent has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.89 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Advertising

Sub-IndustryN/A

SectorBusiness Services

Current SymbolNASDAQ:FLNT

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.fluentco.com

Phone646-669-7272

Debt

Debt-to-Equity Ratio0.25

Current Ratio1.76

Quick Ratio1.76

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$281.68 million

Price / Sales0.58

Cash Flow$0.18 per share

Price / Cash Flow11.78

Book Value$2.78 per share

Price / Book0.78

Profitability

EPS (Most Recent Fiscal Year)($0.02)

Net Income$-1,750,000.00

Net Margins-0.81%

Return on Equity0.46%

Return on Assets0.31%

Miscellaneous

Employees170

Outstanding Shares76,230,000

Market Cap$164.66 million

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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Fluent (NASDAQ:FLNT) Frequently Asked Questions

How has Fluent's stock been impacted by COVID-19 (Coronavirus)?

Fluent's stock was trading at $1.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FLNT shares have increased by 9.6% and is now trading at $2.16. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Fluent?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fluent in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Fluent.

When is Fluent's next earnings date?

Fluent is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Fluent.

How were Fluent's earnings last quarter?

Fluent Inc (NASDAQ:FLNT) released its earnings results on Monday, May, 11th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.04 by $0.01. The company had revenue of $78.93 million for the quarter, compared to analysts' expectations of $68.56 million. Fluent had a negative net margin of 0.81% and a positive return on equity of 0.46%. View Fluent's earnings history.

What price target have analysts set for FLNT?

1 brokers have issued 1 year target prices for Fluent's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Fluent's share price to reach $5.00 in the next year. This suggests a possible upside of 131.5% from the stock's current price. View analysts' price targets for Fluent.

What are Wall Street analysts saying about Fluent stock?

Here are some recent quotes from research analysts about Fluent stock:

1. According to Zacks Investment Research, "Fluent Inc. provides data-driven performance marketing services. The company is the trusted acquisition partner for both established and growing brands. It creates marketing programs which deliver better digital advertising experiences for consumers and measurable results for advertisers. Fluent Inc., formerly known as COGINT INC, is headquartered in New York City. " (5/13/2020)
2. Barrington Research analysts commented, "We reaffirm our OUTPERFORM investment rating and price target of $9: We had been conservative to start the year given the relatively depressed value of Fluent’s share price following the separation from Red Violet. The multiple that we assigned to Fluent was somewhat under 2.5x sales, which feel was supported by the sustained top‐line growth and potential for margin expansion in the coming year." (5/29/2019)

Has Fluent been receiving favorable news coverage?

News articles about FLNT stock have been trending very negative on Thursday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fluent earned a news sentiment score of -3.8 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutFluent.

Are investors shorting Fluent?

Fluent saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,280,000 shares, a decline of 17.4% from the April 30th total of 1,550,000 shares. Based on an average daily volume of 327,500 shares, the short-interest ratio is presently 3.9 days. Currently, 3.1% of the shares of the stock are sold short. View Fluent's Current Options Chain.

Who are some of Fluent's key competitors?

Some companies that are related to Fluent include CLEAR CHANNEL O/SH (CCO), Meet Group (MEET), National CineMedia (NCMI), Mobiquity Technologies (MOBQ), IZEA Worldwide (IZEA), Mastermind (MMND), theglobe.com (TGLO), Insignia Systems (ISIG), Salon Media Group (SLNM), CMG Holdings Group (CMGO) and Adaptive Medias (ADTM). View all competitors.

What other stocks do shareholders of Fluent own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fluent investors own include Red Violet (RDVT), Enphase Energy (ENPH), Baytex Energy (BTE), Fuel Tech (FTEK), Extraction Oil & Gas (XOG), Crescent Point Energy (CPG), Kosmos Energy (KOS), Catalyst Pharmaceuticals (CPRX), Precision Drilling (PDS) and Baidu (BIDU).

Who are Fluent's key executives?

Fluent's management team includes the following people:

Mr. Ryan Schulke, CEO & Director (Age 36)
Mr. Matthew Conlin, Co-Founder, Pres & Director (Age 36)
Mr. Alexander Mandel, Chief Financial Officer (Age 49)
Mr. Donald Huntley Patrick, Chief Operating Officer (Age 58)
Ms. Jordyn Kopin, Director of Investor Relations

What is Fluent's stock symbol?

Fluent trades on the NASDAQ under the ticker symbol "FLNT."

Who are Fluent's major shareholders?

Fluent's stock is owned by many different institutional and retail investors. Top institutional investors include Weber Alan W (7.47%), Wellington Management Group LLP (5.46%), BlackRock Inc. (3.59%), Tieton Capital Management LLC (2.15%), State Street Corp (0.93%) and JPMorgan Chase & Co. (0.87%). Company insiders that own Fluent stock include Alexander Mandel, Donald Huntley Patrick, Matthew Conlin, Michael Brauser, Peter Benz and Ryan Schulke. View institutional ownership trends for Fluent.

Which institutional investors are selling Fluent stock?

FLNT stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, APG Asset Management N.V., APG Asset Management N.V., Acadian Asset Management LLC, Cambridge Investment Research Advisors Inc., BlackRock Inc., Alambic Investment Management L.P., and UBS Group AG. View insider buying and selling activity for Fluent.

Which institutional investors are buying Fluent stock?

FLNT stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Weber Alan W, Tieton Capital Management LLC, JPMorgan Chase & Co., Two Sigma Investments LP, Two Sigma Advisers LP, Invesco Ltd., and Geode Capital Management LLC. Company insiders that have bought Fluent stock in the last two years include Alexander Mandel, Donald Huntley Patrick, Matthew Conlin, Peter Benz, and Ryan Schulke. View insider buying and selling activity for Fluent.

How do I buy shares of Fluent?

Shares of FLNT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Fluent's stock price today?

One share of FLNT stock can currently be purchased for approximately $2.16.

How big of a company is Fluent?

Fluent has a market capitalization of $164.66 million and generates $281.68 million in revenue each year. The company earns $-1,750,000.00 in net income (profit) each year or ($0.02) on an earnings per share basis. Fluent employs 170 workers across the globe.

What is Fluent's official website?

The official website for Fluent is www.fluentco.com.

How can I contact Fluent?

Fluent's mailing address is 300 VESEY STREET 9TH FLOOR, NEW YORK NY, 10282. The company can be reached via phone at 646-669-7272 or via email at [email protected]

This page was last updated on 5/28/2020 by MarketBeat.com Staff