Hemisphere Media Group - HMTV Stock Forecast, Price & News

Hemisphere Media Group, Inc. operates as the Spanish-language media company. The company operates Pantaya, a subscription streaming service of Spanish-language media with approximately million subscribers; Cinelatino, a cable movie network with approximately 17.1 million subscribers in the United States, Latin America, and Canada; WAPA, a broadcast television network and television content producer; WAPA.TV, a news and entertainment website, as well as mobile apps, featuring content produced by WAPA; and WAPA Deportes, a sports television network in Puerto Rico. It also operates WAPA America, a cable television network that serves approximately 3.3 million subscribers in the United States; and Pasiones, a cable television network, which showcases telenovelas and serialized dramas to approximately 3.7 million subscribers in the United States and 15.4 million subscribers in Latin America. In addition, the company operates Centroamerica TV, a cable television network that provides news and entertainment, and soccer programming to approximately 3.2 million subscribers in the United States; and Television Dominicana, a cable television network, which offers news and entertainment programs to approximately 2.2 million subscribers in the United States. Further, it operates Snap Media, a distributor of content to broadcast and cable television networks; and over-the-top, and subscription and advertising video-on-demand platforms in Latin America; and REMEZCLA: a digital media company targeting English-speaking and the bilingual U.S. Hispanic millennials. The company was incorporated in 2013 and is headquartered in Coral Gables, Florida.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. TheStreet lowered shares of Hemisphere Media Group from a "c-" rating to a "d" rating in a report on Wednesday, May 18th. Guggenheim downgraded shares of Hemisphere Media Group from a "buy" rating to a "neutral" rating in a report on Wednesday, May 11th. Finally, StockNews.com cut shares of Hemisphere Media Group from a "hold" rating to a "sell" rating in a report on Thursday, May 12th.

Hemisphere Media Group Price Performance

Shares of HMTV Stock traded down $0.02 during mid-day trading on Wednesday, hitting $7.80. The company had a trading volume of 2,759 shares, compared to its average volume of 174,272. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.58 and a quick ratio of 1.58. The stock's 50 day moving average price is $7.50 and its 200-day moving average price is $6.17. Hemisphere Media Group has a 52-week low of $3.58 and a 52-week high of $13.14. The company has a market capitalization of $315.13 million, a P/E ratio of -8.79 and a beta of 0.94.

Hemisphere Media Group (NASDAQ:HMTV - Get Rating) last announced its quarterly earnings results on Tuesday, May 10th. The company reported ($0.33) earnings per share (EPS) for the quarter. The company had revenue of $48.80 million during the quarter. Hemisphere Media Group had a negative net margin of 17.17% and a negative return on equity of 14.24%.