Emerald (EEX) Stock Price, News & Analysis

Company Overview

Emerald Holding, Inc. operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms. The company serves retail, design, technology, equipment, and safety and security. Emerald Holding, Inc. was incorporated in 2013 and is headquartered in New York, New York.

Key Stats

• Today's Range: $4.60 to $4.77
• 50-Day Range: $3.95 to $6.50
• 52-Week Range: $3.92 to $7.05
• Volume: 105,268 shs
• Average Volume: 154,267 shs
• Market Capitalization: $937.77 million
• P/E Ratio: N/A
• Dividend Yield: 1.30%
• Price Target: $7.90
• Consensus Rating: Buy

Emerald Stock Analysis - MarketRank™

Emerald scored higher than 39% of companies evaluated by MarketBeat, and ranked 231st out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Emerald has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Emerald has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Emerald is -8.56, 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 Emerald is -8.56, 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

Emerald has a P/B Ratio of 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.36% of the outstanding shares of Emerald have been sold short.

Short Interest Ratio / Days to Cover

Emerald has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Emerald has recently increased by 5.83%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Emerald pays a meaningful dividend of 1.28%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Emerald does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.36% of the outstanding shares of Emerald have been sold short.

Short Interest Ratio / Days to Cover

Emerald has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Emerald has recently increased by 5.83%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.25

News Sentiment

Emerald has a news sentiment score of -0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Emerald this week, compared to 8 articles on an average week.

MarketBeat Follows

Only 1 people have added Emerald to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Emerald insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.50% of the stock of Emerald is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 14.90% of the stock of Emerald is held by institutions.

EEX Stock Analysis - Frequently Asked Questions

How have EEX shares performed this year?

Emerald's stock was trading at $5.98 at the start of the year. Since then, EEX stock has decreased by 22.7% and is now trading at $4.62.
View the best growth stocks for 2024 here.

How were Emerald's earnings last quarter?

Emerald Holding, Inc. (NYSE:EEX) posted its quarterly earnings data on Wednesday, August, 7th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.16) by $0.13. The firm earned $86 million during the quarter. Emerald had a negative trailing twelve-month return on equity of 13.26% and a negative net margin of 5.29%.

When did Emerald IPO?

Emerald (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.

Who are Emerald's major shareholders?

Emerald's top institutional shareholders include Geode Capital Management LLC (0.19%), Littlejohn & Co. LLC (0.18%), Jane Street Group LLC (0.17%) and State Street Corp (0.12%). Insiders that own company stock include David Saul Levin, Brian Field and William Charles.
View institutional ownership trends.

How do I buy shares of Emerald?

Shares of EEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Emerald own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Emerald investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Advanced Micro Devices (AMD), Arista Networks (ANET) and General Electric (GE).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 8/29 Dividend: 8/19/2024
• Dividend Payable: 8/29/2024
• Ex-Dividend for 11/21 Dividend: 11/08/2024
• Today: 11/16/2024
• Dividend Payable: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NYSE:EEX
• CUSIP: N/A
• CIK: 1579214
• Web: www.emeraldx.com
• Phone: (949) 226-5700
• Fax: N/A
• Employees: 600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.90
• High Stock Price Target: $8.00
• Low Stock Price Target: $7.80
• Potential Upside/Downside: +71.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.54)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-8,200,000.00
• Net Margins: -5.29%
• Pretax Margin: 1.93%
• Return on Equity: -13.26%
• Return on Assets: -1.92%

Debt

• Debt-to-Equity Ratio: 1.02
• Current Ratio: 1.27
• Quick Ratio: 1.27

Sales & Book Value

• Annual Sales: $382.80 million
• Price / Sales: 2.45
• Cash Flow: $0.63 per share
• Price / Cash Flow: 7.38
• Book Value: $1.93 per share
• Price / Book: 2.39

Miscellaneous

• Outstanding Shares: 202,980,000
• Free Float: 179,641,000
• Market Cap: $937.77 million
• Optionable: Optionable
• Beta: 1.39