Emerald (EEX) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Emerald in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" EEX shares.
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1 equities research analysts have issued 1 year price targets for Emerald's stock. Their EEX share price forecasts range from $12.00 to $12.00. On average, they anticipate the company's stock price to reach $12.00 in the next twelve months. This suggests a possible upside of 215.8% from the stock's current price.
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Emerald's stock was trading at $3.54 at the start of the year. Since then, EEX stock has increased by 7.3% and is now trading at $3.80.
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Emerald saw a drop in short interest in April. As of April 30th, there was short interest totaling 128,800 shares, a drop of 10.9% from the April 15th total of 144,500 shares. Based on an average trading volume of 124,500 shares, the short-interest ratio is currently 1.0 days. Approximately 0.7% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our EEX earnings forecast.

Emerald Holding, Inc. (NYSE:EEX) released its quarterly earnings data on Tuesday, March, 14th. The company reported $0.06 earnings per share (EPS) for the quarter. The firm earned $93.60 million during the quarter. Emerald had a negative trailing twelve-month return on equity of 191.13% and a net margin of 34.83%.

Emerald issued an update on its FY 2023 earnings guidance on Tuesday, March, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $400.00M-.

5 employees have rated Emerald Chief Executive Officer Brian Field on Glassdoor.com. Brian Field has an approval rating of 56% among the company's employees. This puts Brian Field in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Emerald investors own include Energy Transfer (ET), NGL Energy Partners (NGL), Wells Fargo & Company (WFC), Enterprise Products Partners (EPD), Annaly Capital Management (NLY), WPX Energy (WPX), AMC Entertainment (AMC), ARMOUR Residential REIT (ARR), Carnival Co. & (CCL) and Permian Resources (CDEV).

(EEX) raised $202 million in an initial public offering on Friday, April 28th 2017. The company issued 15,500,000 shares at $12.00-$14.00 per share. BofA Merrill Lynch, Barclays and Goldman, Sachs acted as the underwriters for the IPO and Citigroup, Credit Suisse, Deutsche Bank Securities, RBC Capital Markets and Baird were co-managers.

Emerald trades on the New York Stock Exchange (NYSE) under the ticker symbol "EEX."

Emerald's stock is owned by many different institutional and retail investors. Top institutional shareholders include Hotchkis & Wiley Capital Management LLC (1.17%), Raymond James Financial Services Advisors Inc. (0.95%), BlackRock Inc. (0.80%), Dimensional Fund Advisors LP (0.35%), Renaissance Technologies LLC (0.20%) and Susquehanna International Group LLP (0.15%). Insiders that own company stock include Brian Field, David Saul Levin, Mitchell Gendel and William Charles.
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Shares of EEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EEX stock can currently be purchased for approximately $3.80.

Emerald (NYSE:EEX) has a market capitalization of $238.91 million and generates $325.90 million in revenue each year. The company earns $130.80 million in net income (profit) each year or $0.28 on an earnings per share basis.

The company employs 600 workers across the globe.

Emerald's mailing address is 100 Broadway 14th Floor, New York NY, 10005. The official website for the company is www.emeraldx.com. The company can be reached via phone at (949) 226-5700 or via email at investor.relations@emeraldexpo.com.