Stock Worth Watching: Is HSN, Inc.’s Fuel For Real? The Stock Just Increased Again

Stock Worth Watching: Is HSN, Inc.'s Fuel For Real? The Stock Just Increased Again

The stock of HSN, Inc. (NASDAQ:HSNI) is a huge mover today! About 591,571 shares traded hands or 71.77% up from the average. HSN, Inc. (NASDAQ:HSNI) has declined 29.69% since April 5, 2016 and is downtrending. It has underperformed by 31.64% the S&P500.
The move comes after 6 months positive chart setup for the $1.51B company. It was reported on Nov, 8 by Barchart.com. We have $48.88 PT which if reached, will make NASDAQ:HSNI worth $709.70 million more.

HSN, Inc. (NASDAQ:HSNI) Ratings Coverage

Out of 9 analysts covering HSN (NASDAQ:HSNI), 4 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 44% are positive. HSN has been the topic of 21 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Maxim Group maintained it with “Buy” rating and $54 target price in Tuesday, November 8 report. As per Thursday, November 5, the company rating was maintained by Wunderlich. On Thursday, November 5 the stock rating was downgraded by Stifel Nicolaus to “Hold”. Sidoti maintained it with “Buy” rating and $58 target price in Wednesday, September 14 report. FBR Capital maintained HSN, Inc. (NASDAQ:HSNI) on Friday, August 5 with “Mkt Perform” rating. Sidoti upgraded HSN, Inc. (NASDAQ:HSNI) on Tuesday, August 25 to “Neutral” rating. The rating was downgraded by Zacks to “Hold” on Friday, August 7. The stock of HSN, Inc. (NASDAQ:HSNI) earned “Underperform” rating by Bank of America on Tuesday, September 20. Craig Hallum downgraded the shares of HSNI in a report on Monday, October 10 to “Hold” rating. The firm has “Buy” rating given on Thursday, June 9 by Maxim Group.

According to Zacks Investment Research, “HSNi owns and operates, through its subsidiaries, HSN, a retailer and interactive lifestyle network offering a broad assortment of products through television home shopping programming on the HSN television network and HSN.com. HSN strives to transform the shopping experience by incorporating experts, entertainment, inspiration, solutions, tips and ideas in connection with the sale of products through the HSN television network and HSN.com. HSNi also owns and operates, through its subsidiaries, the Cornerstone Brands portfolio of catalogs and related websites, including Frontgate, Ballard Designs, Garnet Hill, Smith+Noble, The Territory Ahead, TravelSmith and Improvements, as well as a limited number of retail stores.”

Insitutional Activity: The institutional sentiment increased to 1.1 in 2016 Q2. Its up 0.01, from 1.09 in 2016Q1. The ratio is positive, as 29 funds sold all HSN, Inc. shares owned while 55 reduced positions. 18 funds bought stakes while 74 increased positions. They now own 32.54 million shares or 2.21% more from 31.84 million shares in 2016Q1.
Springbok Cap Management reported 600 shares or 0% of all its holdings. First Trust Advisors L P owns 10,700 shares or 0% of their US portfolio. Bb&T owns 95,496 shares or 0.1% of their US portfolio. Retirement Of Alabama has 41,143 shares for 0.01% of their US portfolio. Profund Advsr Limited Liability Co last reported 0.02% of its portfolio in the stock. Ridgeworth Mgmt Llc accumulated 1.23M shares or 0.53% of the stock. Ladenburg Thalmann Fincl Svcs last reported 0% of its portfolio in the stock. Harris Assoc Limited Partnership last reported 0.32% of its portfolio in the stock. Arbor Mgmt Ltd Co reported 26,394 shares or 0.68% of all its holdings. Wells Fargo And Commerce Mn holds 88,125 shares or 0% of its portfolio. Wealthtrust has 253 shares for 0.01% of their US portfolio. Fuller And Thaler Asset Mgmt, a California-based fund reported 2,200 shares. The Ontario – Canada-based Comml Bank Of Montreal Can has invested 0% in HSN, Inc. (NASDAQ:HSNI). Renaissance Tech Ltd Company last reported 0.02% of its portfolio in the stock. Blackrock Investment Ltd Com holds 0.01% of its portfolio in HSN, Inc. (NASDAQ:HSNI) for 196,401 shares.

Insider Transactions: Since August 17, 2016, the stock had 0 insider purchases, and 2 sales for $348,520 net activity. Shares for $174,480 were sold by MCINERNEY THOMAS on Wednesday, August 17.

Another recent and important HSN, Inc. (NASDAQ:HSNI) news was published by Nasdaq.com which published an article titled: “HSN Inc. Q3 Earnings Retreat 27%” on November 07, 2016.

HSNI Company Profile

HSN, Inc., incorporated on May 9, 2008, is an interactive multi-channel retailer. The Firm markets and sells a range of third party and merchandise directly to clients through various platforms, including television home shopping programming broadcast on the HSN television networks; catalogs, consisting of the Cornerstone portfolio of print catalogs, which includes, Ballard Designs, Chasing Fireflies, Frontgate, Garnet Hill, Grandin Road, Improvements and TravelSmith; Websites, which consist primarily of HSN.com, joymangano.com and over seven branded Websites operated by Cornerstone; mobile devices; retail and outlet stores, and wholesale distribution of certain products to other retailers. The Firm operates through two divisions: HSN and Cornerstone. HSN offerings consist of jewelry, fashion (apparel and accessories), beauty and health (including beauty, wellness and fitness), and home and other (including home, electronics, culinary and other). Merchandise offered by Cornerstone consists of home furnishings (including indoor/outdoor furniture, home decor, tabletop, textiles and other home related goods), and apparel and accessories.

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