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EVLV $3.63

EVLV target price
3.63
0
0
Evine Live Inc.
Type
Public
Traded as NASDAQ: EVLV
Industry Catalog & mail order houses
Founded 1990
Headquarters Eden Prairie, MN, US
Number of locations
3 (HQ, warehouse, WWDP)
Key people
Bob Rosenblatt (CEO)
Services Sales
Revenue Increase $666.65M
Operating income
Increase $.077M
Net income
Increase $(2.515)M
Total assets Increase $233.7M
Total equity Increase $78.208M
Number of employees
957
Parent The Clinton Group (control)
Website investors.evine.com
Footnotes / references

Evine is a multi-channel video retailer and American cable, satellite and broadcast television network. Owned by Evine Live Inc., the channel is headquartered in Eden Prairie, Minnesota. The home shopping channel's main competitors are HSN (Home Shopping Network) and QVC.

ValueVision was founded in June 1990 and began broadcasting in 1991.

In 2000, NBC purchased a share of the company. In November of that year, ValueVision was rebranded as ShopNBC, including a logo with the NBC peacock.

Reports surfaced in 2010 stating NBC would sell its stake in ValueVision, due in part to NBC Universal's pending merger with Comcast. NBCUniversal formally announced that it would sell its stake back to ValueVision Media in May 2010, but ultimately decided in June 2010 to retain its stake in the company.

ValueVision acquired NBCUniversal's financial stake in the company in 2013, and announced the network would be renamed ShopHQ. Mark Cuban's American Dream aired on the network in 2014, and was part of a plan under the Clinton Group management to feature more celebrity hosts.

On February 13, 2015, the ShopHQ network was rebranded as EVINE Live, following ValueVision Media's acquisition of e-commerce company Dollars Per Minute, the owner of the EVINE trademark, in order to distance itself from the reputation it held under ValueVision/ShopNBC/ShopHQ. The network hired former QVC host Kathy Levine, and has featured merchandise branded under different reality TV stars, including Lisa Vanderpump and Countess Luann DeLesseps. The company has also premiered concepts from other well-known celebrities, including Paula Deen, Vanessa Williams, Nancy O’Dell, Holly Robinson Peete, Karen Fairchild, Dr. Terry Dubrow and Heather Dubrow, Todd English, Donny Osmond and Bob Vila. It also sells products on its e-commerce website, Evine.com.

EVINE Live launched a high definition feed of the channel in 1080i (including the acquisition of HD tier channel slots under new carriage agreements) the same year, but until September 2017, remained in standard definition, merely rebroadcasting the SD feed. The network converted to an upscaled standard definition widescreen presentation in the fall of 2016, and quietly upgraded to HD a year after.

In July 2016, EVINE dropped 'Live' from their on-air name.

Logo for when the network was known as ShopNBC. The logo was used from 2000 to 2009 and the name was retired in 2013.

Logo for when the network was known as ShopHQ from 2013 to 2015

Evine's rainbow box logo was used from 2015 to 2016. It was used when the network relaunched as Evine Live. This logo was briefly used when the network became simply known as Evine in 2016.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-06-09 Initiated Coverage Maxim Group Buy $2.50
2016-03-24 Reiterated Rating Brean Capital Buy $3.00
2016-02-08 Downgrade Feltl & Co. Buy to Hold
2016-02-05 Reiterated Rating Brean Capital Buy $5.00 to $3.00
2015-11-25 Reiterated Rating Brean Capital Buy
2015-09-10 Reiterated Rating Brean Capital Buy $5.00
2015-09-02 Reiterated Rating Brean Capital Buy $5.00
2015-08-27 Boost Price Target Piper Jaffray Overweight $5.00 to $6.00
2015-08-27 Reiterated Rating Brean Capital Buy $7.00 to $5.00
2015-08-27 Boost Price Target Piper Jaffray Cos. Overweight $5.00 to $6.00
2015-08-19 Reiterated Rating Brean Capital Buy $7.00
2015-08-12 Reiterated Rating Brean Capital Buy
2015-08-04 Reiterated Rating Brean Capital Buy $7.00
2015-07-14 Reiterated Rating Brean Capital Buy $7.00
2015-06-19 Reiterated Rating Brean Capital Buy $7.00
2015-05-29 Reiterated Rating Brean Capital Buy $7.00
2015-05-23 Reiterated Rating Piper Jaffray Overweight $8.00 to $5.00
2015-05-21 Lower Price Target Brean Capital Buy $8.00 to $7.00
2015-05-14 Reiterated Rating Brean Capital Buy $8.00
2015-03-27 Reiterated Rating Brean Capital Buy $8.00
2015-03-19 Set Price Target Brean Capital Buy $8.00
2015-02-17 Set Price Target Brean Capital Buy $8.00
2015-01-16 Upgrade Brean Capital Buy
2014-12-22 Boost Price Target Brean Capital Buy $7.00 to $8.00
2014-10-29 Initiated Coverage Topeka Capital Markets Buy $7.00
2014-10-29 Initiated Coverage Lake Street Capital Buy $7.00
2014-10-27 Initiated Coverage Brean Capital Buy $7.00
2014-07-01 Initiated Coverage Lake Street Capital Buy $9.00
2013-11-26 Initiated Coverage Craig Hallum Buy $10.00
2013-10-08 Initiated Coverage Sidoti Buy
2016-06-09 Initiated Coverage Maxim Group Buy $2.50
2016-03-24 Reiterated Rating Brean Capital Buy $3.00
2016-02-08 Downgrade Feltl & Co. Buy to Hold
2016-02-05 Reiterated Rating Brean Capital Buy $5.00 to $3.00
2015-11-25 Reiterated Rating Brean Capital Buy

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks