Analysts See $0.11 EPS for Avid Technology, Inc. (AVID); 5 Analysts Are Bullish Primo Water (PRMW) Last Week

April 22, 2018 - By reb123z

Avid Technology, Inc. (NASDAQ:AVID) Logo

Among 6 analysts covering Primo Water (NASDAQ:PRMW), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Primo Water had 11 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Primo Water Corporation (NASDAQ:PRMW) earned “Buy” rating by FBR Capital on Monday, March 5. On Tuesday, December 29 the stock rating was upgraded by Barrington Research to “Outperform”. Zacks upgraded it to “Hold” rating and $7.25 target in Wednesday, August 5 report. On Friday, October 30 the stock rating was downgraded by Barrington Research to “Market Perform”. FBR Capital maintained Primo Water Corporation (NASDAQ:PRMW) on Monday, November 6 with “Buy” rating. The firm earned “Buy” rating on Tuesday, October 3 by Northland Capital. The stock of Primo Water Corporation (NASDAQ:PRMW) has “Buy” rating given on Monday, August 7 by Northland Capital. Barrington Research maintained Primo Water Corporation (NASDAQ:PRMW) on Tuesday, October 11 with “Outperform” rating. See Primo Water Corporation (NASDAQ:PRMW) latest ratings:

07/03/2018 Broker: Barrington Rating: Buy New Target: $20.0
05/03/2018 Broker: FBR Capital Rating: Buy New Target: $17.5 Maintain
06/11/2017 Broker: FBR Capital Rating: Buy New Target: $17.5 Maintain

Analysts expect Avid Technology, Inc. (NASDAQ:AVID) to report $0.11 EPS on May, 9.They anticipate $0.09 EPS change or 450.00% from last quarter’s $0.02 EPS. AVID’s profit would be $4.56M giving it 10.91 P/E if the $0.11 EPS is correct. After having $0.15 EPS previously, Avid Technology, Inc.’s analysts see -26.67% EPS growth. The stock decreased 2.64% or $0.13 during the last trading session, reaching $4.8. About 106,949 shares traded. Avid Technology, Inc. (NASDAQ:AVID) has declined 3.49% since April 22, 2017 and is downtrending. It has underperformed by 15.04% the S&P500.

Among 4 analysts covering Avid Technology (NASDAQ:AVID), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Avid Technology had 6 analyst reports since August 11, 2015 according to SRatingsIntel. On Thursday, December 7 the stock rating was downgraded by Dougherty to “Sell”. The stock of Avid Technology, Inc. (NASDAQ:AVID) has “Buy” rating given on Tuesday, August 11 by Dougherty & Company. The stock has “Buy” rating by Singular Research on Wednesday, December 9. BWS Financial maintained Avid Technology, Inc. (NASDAQ:AVID) on Wednesday, November 11 with “Buy” rating. BWS Financial downgraded Avid Technology, Inc. (NASDAQ:AVID) rating on Thursday, November 10. BWS Financial has “Hold” rating and $5 target.

Investors sentiment increased to 1.41 in Q4 2017. Its up 0.41, from 1 in 2017Q3. It is positive, as 15 investors sold Avid Technology, Inc. shares while 22 reduced holdings. 24 funds opened positions while 28 raised stakes. 29.89 million shares or 5.81% more from 28.25 million shares in 2017Q3 were reported. American International Gru reported 22,517 shares or 0% of all its holdings. Quantbot Technologies Lp owns 138 shares for 0% of their portfolio. Clearbridge Invs Ltd Com owns 0% invested in Avid Technology, Inc. (NASDAQ:AVID) for 621,982 shares. Gp One Trading Limited Partnership holds 0% of its portfolio in Avid Technology, Inc. (NASDAQ:AVID) for 500 shares. Moreover, Deutsche Bancorporation Ag has 0% invested in Avid Technology, Inc. (NASDAQ:AVID). California Pub Employees Retirement Sys accumulated 267,172 shares. Massachusetts-based Eaton Vance Mgmt has invested 0% in Avid Technology, Inc. (NASDAQ:AVID). Blackrock holds 0% or 2.04M shares in its portfolio. Schwab Charles Inv Mgmt stated it has 122,026 shares or 0% of all its holdings. Gamco Et Al stated it has 21,500 shares or 0% of all its holdings. The New York-based Stone Ridge Asset Mgmt Ltd Liability Corp has invested 0.01% in Avid Technology, Inc. (NASDAQ:AVID). California State Teachers Retirement Systems reported 53,945 shares. 77,441 were accumulated by Jpmorgan Chase Co. 99,000 were accumulated by Caprock Group Inc Inc. First Quadrant Limited Partnership Ca stated it has 13,259 shares.

Avid Technology, Inc. develops, markets, sells, and supports software and hardware for digital media content production, management, and distribution worldwide. The company has market cap of $199.10 million. The firm offers professional video creative tools, such as Media Composer product line that is used to edit video content; NewsCutter option and iNews systems for news production; Avid Symphony option, which is used during post-production; and Media Composer | Cloud solution that enables broadcast news professionals to acquire, access, edit, and finish stories. It currently has negative earnings. It also offers media management solutions comprising Avid MediaCentral | UX Web and mobile apps that provide real-time access to media assets for media professional; and Avid Interplay asset management solutions, which offers network, storage, and database solutions to enable users to simultaneously share and manage media assets across a project or organization.

Primo Water Corporation, together with its subsidiaries, provides multi-gallon purified bottled water, self-service refill water, and water dispensers in the United States and Canada. The company has market cap of $387.36 million. The firm operates in two divisions, Primo Water and Primo Dispensers. It currently has negative earnings. The Primo Water segment offers exchange and refill products through point of purchase display racks, or self-serve filtered water displays and recycling centers.

Investors sentiment increased to 1.65 in 2017 Q4. Its up 0.25, from 1.4 in 2017Q3. It improved, as 11 investors sold Primo Water Corporation shares while 23 reduced holdings. 26 funds opened positions while 30 raised stakes. 19.33 million shares or 2.56% more from 18.85 million shares in 2017Q3 were reported. Moreover, Trexquant Investment L P has 0.02% invested in Primo Water Corporation (NASDAQ:PRMW). Northpointe Capital Llc invested in 389,398 shares. Bnp Paribas Arbitrage reported 0% stake. Legal & General Group Inc Public Limited Co stated it has 0% of its portfolio in Primo Water Corporation (NASDAQ:PRMW). Amer Intl Grp holds 0% or 17,052 shares. Citadel Limited Liability invested in 62,979 shares or 0% of the stock. Pnc Financial Svcs Gru Inc holds 0% of its portfolio in Primo Water Corporation (NASDAQ:PRMW) for 39 shares. Sei Investments Co has invested 0% in Primo Water Corporation (NASDAQ:PRMW). Renaissance Technologies Lc holds 0% of its portfolio in Primo Water Corporation (NASDAQ:PRMW) for 322,155 shares. Walleye Trading Ltd Llc holds 94,314 shares or 0.01% of its portfolio. Hawk Ridge Mngmt L P stated it has 0.38% in Primo Water Corporation (NASDAQ:PRMW). Manatuck Hill Prns Ltd Liability Corp holds 7.91% or 1.21 million shares in its portfolio. Blair William And Company Il, a Illinois-based fund reported 32,547 shares. Redmond Asset Mgmt Ltd Liability holds 0.27% or 49,413 shares in its portfolio. Eagle Asset invested in 0.03% or 384,190 shares.

The stock increased 1.13% or $0.14 during the last trading session, reaching $12.51. About 159,462 shares traded. Primo Water Corporation (NASDAQ:PRMW) has declined 14.42% since April 22, 2017 and is downtrending. It has underperformed by 25.97% the S&P500.

Primo Water Corporation (NASDAQ:PRMW) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts