How Many Global Eagle Entertainment Inc (NASDAQ:ENT)’s Analysts Are Bearish?

June 20, 2017 - By Darrin Black

 How Many Global Eagle Entertainment Inc (NASDAQ:ENT)'s Analysts Are Bearish?
Investors sentiment increased to 0.97 in Q4 2016. Its up 0.15, from 0.82 in 2016Q3. It improved, as 12 investors sold Global Eagle Entertainment Inc shares while 22 reduced holdings. 8 funds opened positions while 25 raised stakes. 74.13 million shares or 1.84% less from 75.52 million shares in 2016Q3 were reported.
Renaissance Techs Ltd Liability holds 0.01% of its portfolio in Global Eagle Entertainment Inc (NASDAQ:ENT) for 668,400 shares. Putnam Invests Limited Liability Corporation holds 0.07% in Global Eagle Entertainment Inc (NASDAQ:ENT) or 4.78M shares. 3.71 million are held by Vanguard Inc. First Mercantile Tru reported 53,144 shares stake. Meeder Asset Mgmt reported 0% in Global Eagle Entertainment Inc (NASDAQ:ENT). Deutsche Bank & Trust Ag, Germany-based fund reported 116,053 shares. Da Davidson & has invested 0% in Global Eagle Entertainment Inc (NASDAQ:ENT). Price T Rowe Assocs Inc Md, Maryland-based fund reported 12,200 shares. 47,732 are owned by Citigroup. Bnp Paribas Arbitrage Sa holds 1,610 shares. Wells Fargo Mn holds 0% or 1.77 million shares. Brown Advisory holds 0.08% or 3.64M shares in its portfolio. Morgan Stanley owns 148,865 shares or 0% of their US portfolio. Voya Inv Mngmt Limited Liability Company has invested 0% in Global Eagle Entertainment Inc (NASDAQ:ENT). Barclays Public Limited Company invested in 0% or 1,377 shares.

Global Eagle Entertainment Inc (NASDAQ:ENT) Ratings Coverage

Among 7 analysts covering Global Eagle Entertainment (NASDAQ:ENT), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Global Eagle Entertainment had 9 analyst reports since October 8, 2015 according to SRatingsIntel. The stock has “Buy” rating by Dougherty & Company on Monday, January 9. The firm has “Buy” rating by Evercore given on Thursday, October 8. As per Friday, January 13, the company rating was initiated by Northland Capital. Piper Jaffray downgraded the shares of ENT in report on Tuesday, February 21 to “Neutral” rating. The rating was initiated by Needham with “Hold” on Tuesday, October 27. The rating was downgraded by Citigroup to “Neutral” on Wednesday, February 22. The firm has “Buy” rating by Guggenheim given on Wednesday, January 25. Citigroup maintained Global Eagle Entertainment Inc (NASDAQ:ENT) on Wednesday, July 20 with “Buy” rating. The stock has “Neutral” rating by Dougherty & Company on Wednesday, February 22. Below is a list of Global Eagle Entertainment Inc (NASDAQ:ENT) latest ratings and price target changes.

22/02/2017 Broker: Dougherty & Company Old Rating: Buy New Rating: Neutral Downgrade
22/02/2017 Broker: Citigroup Old Rating: Buy New Rating: Neutral Downgrade
21/02/2017 Broker: Piper Jaffray Old Rating: Overweight New Rating: Neutral Downgrade
25/01/2017 Broker: Guggenheim Rating: Buy Initiate
13/01/2017 Broker: Northland Capital Rating: Outperform Initiate
09/01/2017 Broker: Dougherty & Company Rating: Buy Old Target: $11 New Target: $10.50 Maintain

The stock increased 5.38% or $0.17 during the last trading session, reaching $3.33. About shares traded. Global Eagle Entertainment Inc (NASDAQ:ENT) has declined 51.26% since June 20, 2016 and is downtrending. It has underperformed by 67.96% the S&P500.

Global Eagle Entertainment Inc. is a well-known provider of aircraft connectivity systems, activities solutions and media content to the travel industry. The company has market cap of $304.30 million. The Company’s divisions include Connectivity and Content. It currently has negative earnings. The Company’s Connectivity segment provides airline partners and their passengers with Wireless Fidelity connectivity over Ku-band satellite transmissions, and to a lesser extent activities solutions to airline customers.

More notable recent Global Eagle Entertainment Inc (NASDAQ:ENT) news were published by: Nasdaq.com which released: “Global Eagle Entertainment (ENT) Jumps: Stock Rises 7.1%” on June 19, 2017, also Reuters.com with their article: “BRIEF-Global Eagle Entertainment files for non-timely 10-Q” published on May 11, 2017, Seekingalpha.com published: “Global Eagle Entertainment: Significant Upside Potential On Beaten Down Stock” on May 03, 2017. More interesting news about Global Eagle Entertainment Inc (NASDAQ:ENT) were released by: Reuters.com and their article: “BRIEF-Global Eagle Entertainment appoints Ron Steger to board” published on April 18, 2017 as well as Prnewswire.com‘s news article titled: “How These Entertainment Stocks are Performing? — IMAX, Global Eagle …” with publication date: June 20, 2017.

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