United Online Downgraded by TheStreet to “Hold” (UNTD)

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United Online (NASDAQ: UNTD) was downgraded by TheStreet from a “buy” rating to a “hold” rating in a research note issued on Friday, Stock Ratings Network.com reports.

The analysts wrote, “United Online (UNTD) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.”

Separately, analysts at Benchmark Co. raised their price target on shares of United Online from $7.00 to $7.50 in a research note to investors on Monday, May 20th. They now have a “buy” rating on the stock.

Shares of United Online (NASDAQ: UNTD) opened at 6.78 on Friday. United Online has a one year low of $3.63 and a one year high of $6.72. The stock’s 50-day moving average is currently $6.16. The company has a market cap of $627.2 million and a P/E ratio of 61.64.

United Online (NASDAQ: UNTD) last announced its earnings results on Tuesday, April 30th. The company reported $0.16 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.16. The company had revenue of $247.40 million for the quarter, compared to the consensus estimate of $243.42 million. During the same quarter in the prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. Analysts expect that United Online will post $0.50 EPS for the current fiscal year.

United Online, Inc. (NASDAQ: UNTD) is a provider of consumer products and services over the Internet.

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