share_log

IMedia Brands, Inc. Forecasted to Post Q1 2025 Earnings of ($0.02) Per Share (NASDAQ:IMBI)

Defense World ·  Nov 25, 2022 15:52

iMedia Brands, Inc. (NASDAQ:IMBI – Get Rating) – Research analysts at B. Riley issued their Q1 2025 earnings estimates for shares of iMedia Brands in a report released on Wednesday, November 23rd. B. Riley analyst E. Wold forecasts that the company will post earnings per share of ($0.02) for the quarter. B. Riley currently has a "Buy" rating and a $5.00 target price on the stock. The consensus estimate for iMedia Brands' current full-year earnings is ($1.06) per share. B. Riley also issued estimates for iMedia Brands' Q2 2025 earnings at $0.01 EPS, Q3 2025 earnings at $0.00 EPS and FY2025 earnings at $0.35 EPS.

Get iMedia Brands alerts:

iMedia Brands (NASDAQ:IMBI – Get Rating) last released its quarterly earnings results on Wednesday, August 24th. The company reported ($0.41) earnings per share for the quarter, missing analysts' consensus estimates of ($0.35) by ($0.06). The firm had revenue of $133.23 million for the quarter, compared to analyst estimates of $156.65 million. iMedia Brands had a negative net margin of 8.16% and a negative return on equity of 75.94%. During the same period in the previous year, the business posted ($0.22) earnings per share.

IMBI has been the subject of a number of other reports. Lake Street Capital lowered their price target on shares of iMedia Brands from $3.00 to $2.00 in a report on Wednesday. Craig Hallum lowered their price target on shares of iMedia Brands from $20.00 to $7.00 in a report on Thursday, August 25th.

iMedia Brands Price Performance

IMBI opened at $0.61 on Thursday. The company has a fifty day simple moving average of $0.59 and a 200 day simple moving average of $1.17. The firm has a market cap of $14.07 million, a price-to-earnings ratio of -0.32 and a beta of 2.02. iMedia Brands has a twelve month low of $0.44 and a twelve month high of $7.74. The company has a current ratio of 1.36, a quick ratio of 0.75 and a debt-to-equity ratio of 4.53.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC grew its holdings in iMedia Brands by 54.3% during the 2nd quarter. International Assets Investment Management LLC now owns 61,756 shares of the company's stock worth $75,000 after acquiring an additional 21,741 shares in the last quarter. HighTower Advisors LLC acquired a new position in iMedia Brands during the 1st quarter worth $96,000. D.A. Davidson & CO. grew its holdings in iMedia Brands by 44.5% during the 3rd quarter. D.A. Davidson & CO. now owns 157,699 shares of the company's stock worth $101,000 after acquiring an additional 48,588 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in iMedia Brands by 15.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 96,688 shares of the company's stock worth $583,000 after acquiring an additional 12,663 shares in the last quarter. Finally, Boston Partners boosted its holdings in shares of iMedia Brands by 27.4% in the 1st quarter. Boston Partners now owns 105,220 shares of the company's stock valued at $634,000 after buying an additional 22,654 shares during the period. 39.68% of the stock is owned by institutional investors and hedge funds.

iMedia Brands Company Profile

(Get Rating)

iMedia Brands, Inc operates as an interactive media company in the United States and internationally. It operates through three segments: Entertainment, Consumer Brands, and Media Commerce Services. The company operates television networks, including ShopHQ that offers jewelry and watches, home, beauty and health, and fashion and accessories; ShopBulldogTV, which provides male-oriented products and services; ShopHQHealth that offers women and men products and services focused on health and wellness categories, such as physical, mental and spiritual health, financial and motivational wellness, weight management, and telehealth medical services; ShopJewelryHQ for jewelry products and services; and 1-2-3.tv, a retailing marketplace for live and automated auctions.

See Also

  • Get a free copy of the StockNews.com research report on iMedia Brands (IMBI)
  • Institutional Support for Analog Devices Remains High
  • Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
  • Is the 60/40 Portfolio Mix Still in Vogue?
  • Three CBD Stocks to Dominate a Budding Industry
  • Microsoft Shares: Is it Time to Back Up the Truck?

Receive News & Ratings for iMedia Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iMedia Brands and related companies with MarketBeat.com's FREE daily email newsletter.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment