Zacks: Helios and Matheson Analytics Inc (HMNY) Given $12.00 Consensus Price Target by Analysts

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Shares of Helios and Matheson Analytics Inc (NASDAQ:HMNY) have earned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.

Brokerages have set a 12-month consensus price objective of $12.00 for the company, according to Zacks. Zacks has also given Helios and Matheson Analytics an industry rank of 81 out of 255 based on the ratings given to related companies.

Several equities research analysts have recently weighed in on the stock. Maxim Group decreased their target price on shares of Helios and Matheson Analytics from $25.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, February 28th. Canaccord Genuity decreased their target price on shares of Helios and Matheson Analytics from $15.00 to $12.00 and set a “sell” rating for the company in a research note on Tuesday, April 24th.

Helios and Matheson Analytics opened at $0.21 on Monday, Marketbeat reports. Helios and Matheson Analytics has a twelve month low of $0.18 and a twelve month high of $38.86. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of -0.23.

Helios and Matheson Analytics (NASDAQ:HMNY) last announced its earnings results on Wednesday, May 16th. The information technology services provider reported ($1.23) earnings per share for the quarter, topping the consensus estimate of ($3.08) by $1.85. Helios and Matheson Analytics had a negative net margin of 229.45% and a negative return on equity of 2,850.78%. The business had revenue of $49.44 million during the quarter.

Several institutional investors and hedge funds have recently made changes to their positions in HMNY. Virtu Financial LLC acquired a new stake in shares of Helios and Matheson Analytics during the fourth quarter worth about $155,000. Two Sigma Advisers LP acquired a new stake in shares of Helios and Matheson Analytics during the fourth quarter worth about $179,000. A.R.T. Advisors LLC acquired a new stake in Helios and Matheson Analytics in the first quarter valued at about $346,000. Geode Capital Management LLC acquired a new stake in Helios and Matheson Analytics in the fourth quarter valued at about $431,000. Finally, Blair William & Co. IL acquired a new stake in Helios and Matheson Analytics in the first quarter valued at about $437,000. Institutional investors and hedge funds own 8.08% of the company’s stock.

Helios and Matheson Analytics Company Profile

Helios and Matheson Analytics Inc provides a range of information technology (IT) solutions to Fortune 1000 companies and other organizations in the United States. The company's services include application value management, application development, integration, independent validation, infrastructure, information management, and analytics services.

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