Viad Corp Common Stock (NYSE:VVI):
Viad Corp Delivers Strong Third Quarter 2016 Results.
The company is trading up from yesterday’s close of $36.35.
The company also recently announced a dividend for shareholders that was paid on Monday the 3rd of October 2016. The dividend was $0.100 per share for the quarter or $0.40 on an annualized basis. The dividend yield was $1.10. The ex-dividend date was set for Wednesday the 7th of September 2016.
Company chares are trading at $39.90 just above the 50 day moving average which is $36.21 and a bit higher than the 200 day moving average of $33.32. The 50 day moving average was up $3.69 and the 200 day average went up by +19.76%.
The company’s P/E ratio is 43.09 and market cap is 809.37M. In the latest earnings report the EPS was $0.93 and is expected to be $2.28 for the current year with 20,285,000 shares now outstanding. Next quarter’s EPS is expected be $-0.14 with next year’s EPS projected to be $2.51.
Several analysts have weighed in on VVI of late. February 5 investment analysts at B. Riley maintained a stock rating of “Buy” and moved down the price target to $38.25 from $40.25. On October 28, 2015 B. Riley added VVI to its research portfolio with a rating of “Buy” and a price target of $42.50.
On February 4, 2015 the stock rating was changed to a “Neutral” by Northcoast Research a cut from the previous “Buy” rating.