Media coverage about Viad (NYSE:VVI) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Viad earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 45.9936103915689 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Viad (VVI) opened at $56.50 on Tuesday. The company has a market capitalization of $1,150.00, a PE ratio of 20.34 and a beta of 0.50. Viad has a 52 week low of $42.05 and a 52 week high of $61.85. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.71 and a quick ratio of 0.60.
Viad (NYSE:VVI) last posted its quarterly earnings results on Thursday, October 26th. The business services provider reported $1.33 EPS for the quarter, beating the Zacks’ consensus estimate of $1.31 by $0.02. The business had revenue of $339.10 million during the quarter, compared to the consensus estimate of $327.59 million. Viad had a return on equity of 13.91% and a net margin of 5.86%. Viad’s revenue for the quarter was down 11.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.74 earnings per share. equities analysts expect that Viad will post 2.59 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 15th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend is Thursday, December 14th. Viad’s dividend payout ratio (DPR) is presently 10.93%.
Separately, Zacks Investment Research downgraded Viad from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 28th.
In related news, Director Robert E. Munzenrider sold 2,100 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $56.01, for a total value of $117,621.00. Following the completion of the transaction, the director now owns 21,179 shares of the company’s stock, valued at $1,186,235.79. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.00% of the stock is owned by insiders.
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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.
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