Viad Corp (VVI) Receiving Somewhat Favorable News Coverage, Study Finds

News coverage about Viad Corp (NYSE:VVI) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Viad Corp earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 46.8364914611242 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Several research analysts have recently commented on VVI shares. Zacks Investment Research upgraded Viad Corp from a “hold” rating to a “strong-buy” rating and set a $57.00 price target for the company in a research report on Saturday, July 29th. BidaskClub upgraded Viad Corp from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 24th.

Viad Corp (NYSE VVI) traded down 1.15% on Monday, hitting $60.10. The stock had a trading volume of 101,229 shares. The company’s 50-day moving average price is $58.62 and its 200 day moving average price is $50.22. Viad Corp has a one year low of $35.10 and a one year high of $61.85. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 18.96 and a beta of 0.52.

Viad Corp (NYSE:VVI) last released its quarterly earnings data on Thursday, July 27th. The business services provider reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.26. The business had revenue of $364.77 million during the quarter, compared to the consensus estimate of $347.35 million. Viad Corp had a return on equity of 16.76% and a net margin of 4.85%. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.04 EPS. Analysts expect that Viad Corp will post $2.76 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd. Stockholders of record on Friday, September 8th were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, September 7th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.67%. Viad Corp’s payout ratio is 12.62%.

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Viad Corp Company Profile

Viad Corp is an international experiential services company. The Company operates through two main business groups: GES, which is a live event service provider to some of the visible and influential events and global brands, and Pursuit, which is a collection of destination travel experiences. GES conducts its operations through two geographical segments: GES U.S., which has full-service operations in exhibition market in the United States, including Las Vegas, Nevada; Chicago, Illinois; Orlando, Florida; New York, New York, and Los Angeles, California, and GES International, which had full-service operations at many of the event destinations and venues.

Insider Buying and Selling by Quarter for Viad Corp (NYSE:VVI)

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