$-0.03 EPS Expected for SeaChange International, Inc. (SEAC)

March 14, 2018 - By Adrian Erickson

 $ 0.03 EPS Expected for SeaChange International, Inc. (SEAC)
Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.46, from 1.22 in 2017Q2. It worsened, as 5 investors sold SeaChange International, Inc. shares while 20 reduced holdings. 5 funds opened positions while 14 raised stakes. 21.83 million shares or 2.76% more from 21.24 million shares in 2017Q2 were reported.
Pub Employees Retirement Association Of Colorado invested in 0% or 19,500 shares. Neuberger Berman Gru Limited Liability accumulated 2.51M shares or 0.01% of the stock. Texas-based Bridgeway Capital Management has invested 0.01% in SeaChange International, Inc. (NASDAQ:SEAC). Adirondack Rech Management holds 0.16% of its portfolio in SeaChange International, Inc. (NASDAQ:SEAC) for 154,070 shares. Segall Bryant And Hamill Ltd Liability has invested 0.07% of its portfolio in SeaChange International, Inc. (NASDAQ:SEAC). Susquehanna Limited Liability Partnership invested in 20,631 shares. Eidelman Virant Cap accumulated 228,013 shares. Cambridge Research Advisors Incorporated holds 0% or 12,900 shares in its portfolio. Bluefin Trading Limited Liability Company has invested 0.01% in SeaChange International, Inc. (NASDAQ:SEAC). Blackrock Inc invested in 661,052 shares. Renaissance Tech Llc invested in 0% or 1.12 million shares. National Bank & Trust Of New York Mellon invested 0% in SeaChange International, Inc. (NASDAQ:SEAC). Parallax Volatility Advisers L P holds 22,149 shares. Retail Bank Of America Corp De has invested 0% of its portfolio in SeaChange International, Inc. (NASDAQ:SEAC). Ariel Investments Ltd Llc holds 0.14% of its portfolio in SeaChange International, Inc. (NASDAQ:SEAC) for 4.29 million shares.

Analysts expect SeaChange International, Inc. (NASDAQ:SEAC) to report $-0.03 EPS on April, 9.They anticipate $0.05 EPS change or 62.50 % from last quarter’s $-0.08 EPS. After having $0.07 EPS previously, SeaChange International, Inc.’s analysts see -142.86 % EPS growth. The stock increased 1.65% or $0.05 during the last trading session, reaching $3.08. About 396,187 shares traded or 23.36% up from the average. SeaChange International, Inc. (NASDAQ:SEAC) has declined 23.46% since March 14, 2017 and is downtrending. It has underperformed by 40.16% the S&P500.

SeaChange International, Inc. (NASDAQ:SEAC) Ratings Coverage

Among 4 analysts covering SeaChange International (NASDAQ:SEAC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. SeaChange International had 5 analyst reports since July 24, 2015 according to SRatingsIntel. As per Thursday, December 7, the company rating was upgraded by Lake Street. The stock has “Hold” rating by Noble Financial on Friday, April 8. Dougherty & Company maintained it with “Buy” rating and $6 target in Wednesday, August 24 report. On Tuesday, August 23 the stock rating was downgraded by Lake Street to “Hold”. The firm earned “Hold” rating on Friday, July 24 by Drexel Hamilton.

SeaChange International, Inc. provides multiscreen video, advertising, and premium over the top video services and products that facilitate the aggregation, licensing, management, and distribution of video and television advertising content to cable system operators, satellite operators, and telecommunications and media companies worldwide. The company has market cap of $109.35 million. It offers video products, including SeaChange Adrenalin, a multiscreen back office platform that enables service providers to manage, monetize, and deliver a seamless viewing experience across televisions, personal computers (PCs), tablets, smartphones, and other IP-enabled devices; and SeaChange AssetFlow, a content management solution that is used to receive, manage, and publish content for viewing on televisions, tablets, PCs, and other consumer devices, as well as SeaChange Rave, an OTT video platform that provides managed services for media companies and service providers. It currently has negative earnings. The firm also provides advertising products, such as SeaChange Infusion, an advanced advertising platform to maximize advertising revenue across multiscreen, broadcast, on-demand, and OTT viewing.

More recent SeaChange International, Inc. (NASDAQ:SEAC) news were published by: Seekingalpha.com which released: “Successful Turnaround Continues At SeaChange International On Its Path To A …” on November 09, 2017. Also Seekingalpha.com published the news titled: “The Tide Is Finally Turning For SeaChange” on December 07, 2017. Globenewswire.com‘s news article titled: “SeaChange International Reports Third Quarter Fiscal 2018 Results” with publication date: December 06, 2017 was also an interesting one.

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.