IMBI - iMedia Brands, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
-0.0700 (-2.29%)
At close: 4:00PM EST
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Previous Close3.0600
Bid2.9000 x 1000
Ask3.0000 x 800
Day's Range2.7200 - 3.0200
52 Week Range2.7200 - 7.3000
Avg. Volume309,391
Market Cap24.542M
Beta (5Y Monthly)1.82
PE Ratio (TTM)N/A
EPS (TTM)-6.8020
Earnings DateMar 24, 2020 - Mar 29, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est11.67
  • GlobeNewswire

    iMedia Restructures Organization to Improve ShopHQ On-Air Programming

    MINNEAPOLIS, Feb. 05, 2020 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (IMBI) today announced it completed an organizational restructuring in January 2020 to improve the performance of ShopHQ’s on-air programming and accelerate the company’s return to profitability. Introduced a “fixed” program calendar with weekly static shows – Historically, ShopHQ’s programming strategy attempted to optimize every minute of every hour, which required the organization to constantly change its program calendar.

  • Company News for Jan 20, 2020

    Company News for Jan 20, 2020

    Companies in the news are: GPS, IMBI, TLRD, STT

  • MarketWatch

    IMedia's stock rockets on heavy volume after Shaq partnership

    Shares of iMedia Brands Inc. rocketed 55% in very active premarket trading Friday, after the interactive media company announced a partnership with basketball hall-of-famer Shaquille O'Neal, which includes a nationally televised live program called "Shaq's Invicta Collection." Trading volume ballooned to 3.4 million shares just minutes after the open, compared with the full-day average of about 37,000 shares. The limited-edition collection will have a new line of watches designed by O'Neal, iMedia said in a release late Thursday. "Shaq's Invicta Collection" is slated to launch in March 2020, with live broadcasts on iMedia's ShopHQ. "Shaquille and Invicta are iconic partners and we are honored to offer their new designs and products to our customers," O'Neal said. "Shaquille and Invicta are iconic partners and we are honored to offer their new designs and products to our customers," said iMedia Chief Executive Tim Peterman. IMedia's stock has still lost 13% over the past three months, while the S&P 500 has gained 11%.

  • GlobeNewswire

    Shaquille O’Neal Launches Invicta Collection on ShopHQ®

    MINNEAPOLIS, Jan. 16, 2020 -- iMedia Brands (NASDAQ: IMBI) today announced a partnership with Invicta Watch Group and Authentic Brands Group (ABG) for Shaquille O’Neal and.

  • Street Watch: Top Analysts Make Moves on 3 Buy-Rated Stocks

    Street Watch: Top Analysts Make Moves on 3 Buy-Rated Stocks

    Onward and upward the market goes, with December providing further cheer as new record highs for the S&P 500 were notched in the last week. Giddy from 2019’s riches and ready to bring in the New Year, the optimism on the Street, following a brief slump, has been renewed.While analysts are divided as to whether the next year can follow this one’s record breaking run, one thing looks certain; investors will still be on the lookout for the right addition to their portfolio.TipRanks - a company that tracks and measures the performance of analysts - has an instrument that comes in handy here. The Daily Stock Ratings tool allows a user to see what stocks are hot and, yes, what stocks are not. Analysts’ ratings and their performances are displayed, too, further helping the intrepid investor make the right decision.Let’s have a look, then, at 3 Buy-rated stocks a number of the Street’s leading analysts recently pulled the trigger on.Stemline Therapeutics Inc (STML)With a focus on developing and bringing to market novel oncology therapies, Stemline Therapeutics has recently been turning heads on the Street.The New York based biotech has several therapies in the pipeline, but already has one on the market. Elzonris is used to treat a rare blood cancer called blastic plasmacytoid dendritic cell neoplasm (BPDCN), and was approved by the FDA in December 2018 for the treatment of adults and pediatric patients over 2 years old. The drug is currently in clinical trials to assess further indications.Cantor Fitzgerald’s Alethia Young calls Elzonris a "pipeline in a product" and believes the biotech is undervalued. Stemline’s market cap is currently $555.4 million, and Young expects sales from Elzonris for BPDCN (sans maintenance therapy) to be in the region of $150 million by 2025. We’re talking about just the US here. Furthermore, the 5-star analyst thinks the possible expansion of Elzonris into the BPDCN maintenance setting in 2021 could, by 2029, result in US sales of $223M. Young maintains that as "as investors take notice of progress in the label expansion opportunities”, the next 12 months should see Stemline’s share price take off.Accordingly, Young initiated coverage on Stemline with an Overweight rating and set a price target of $18. This implies upside potential of 62% over the next 12 months. (To watch Young’s track record, click here)The Cantor analyst’s bullish thesis is mirrored by that of the Street’s. All 5 analysts tracked over the last three months rate the stock a Buy, and therefore, Stemline has a Strong Buy consensus rating. An average price target of $22.75 outstrips Young’s target and indicates gains of 105% could be in the cards. (See Stemline stock analysis on TipRanks) X4 Pharmaceuticals Inc (XFOR)The biotech sector’s recent upturn in the market hasn’t, unfortunately, had any effect on X4 Pharmaceuticals. The rare disease focused biotech has had a rough year in the market, and its share price is down by 21% year-to-date. The word on the Street, though, is that this is all about to change.The company has several drugs in the pipeline, but its lead candidate is mavorixafor (X4P-001), currently in Phase 3 development for the treatment of WHIM syndrome. The rare, inherited condition is an immunodeficiency disease caused by genetic mutations in the CXCR4 receptor gene. Designated orphan status by the FDA in 2018, the drug is also in development for several other conditions, including Waldenström’s macroglobulinemia (WM).Roth Capital’s Zegbeh Jallah highlights XFOR’s “well experienced team” which includes Dr. Renato Skerlj, who developed the first CXCR4 antagonist (plerixafor), as making it a stand-out. Jallah also bases his bullish thesis on a “strong conviction around the clinical and commercial outlook” of mavorixafor, and “a robust pipeline of optimized CXCR4 modulators that could offer improved benefits across a broader range of diseases.” As a result, the analyst initiated coverage of X4 with a Buy rating and a price target of $20, indicating handsome upside potential of 82%. (To watch Jallah’s track record, click here)A fellow analyst praising XFOR is Oppenheimer’s Leland Gershell. The 5-star analyst expects the drug to gain approval for WHIM syndrome and remains "cautiously optimistic" about its part to play in Waldenstrom's macroglobulinemia. Leland initiated coverage with an Outperform rating and a price target of $20, too. (To watch Gershell’s track record, click here)3 other analysts have chipped in with a take on X4 over the last three months and all have reached the same conclusion: Buy. Therefore, the rare disease specialist has a Strong Buy consensus rating. The average price target of $20.25 could provide investors with gains of 84% over the next 12 months. (See X4 Pharmaceuticals stock analysis on TipRanks) See also: 3 “Strong Buy” Energy Stocks with Electric Upside PotentialiMedia Brands Inc (IMBI)Moving on from the biotech industry, we encounter a fellow struggler. Although in a completely different industry, multiplatform commerce company iMedia Brands hasn’t had much joy in 2019, either. Languishing in the doldrums, the company has a year-to-date loss of 7%.That being said, iMedia has an expanding portfolio of shopping television networks and new media businesses including ShopHQ and iMedia Web Services. November saw new additions to the list, too. The first, Float Left Interactive, an OTT (over the top) and TVE (TV everywhere) service provider, has launched a string of OTT apps and counts NBC, Comcast and CBS among its clients. The second, J.W. Hulme, is a maker of leather bags and accessories, and will get its own programming on ShopHQ's cable channel.So, with the new developments in place, is now the right time to get in on iMedia? It is according to D.A. Davidson’s Tom Forte. The 5-star analyst forecasts iMedia revenue to grow by 3% per year over the next three years and projects that by 2022, the company’s EBITDA margin will expand by almost 500 basis points to 3.1%.Furthermore, with LaVenta, the company’s new omni-channel, Spanish language, television shopping network launching in Q1 2020, Forte acknowledges iMedia’s potential for expansion outside the US.To this end, Forte initiated coverage on the interactive media company with a Buy rating, alongside a price target of $10. The bullish target indicates upside potential of a whopping 170%. (To watch Forte’s track record, click here)iMedia currently has only 1 other analyst assessing the company’s 12-month potential, but he happens to be a vocal fan, too. Lake Street’s Mark Argento reckons the next year could see iMedia’s share price reach $15, which lends itself to a massive 305% increase from the current price. (To watch Argento’s track record, click here)Put together, the media company has a Moderate Buy consensus rating and an average price target of $12.50. Potentially, then, investors could be lining their pockets with a 237% gain next year. (See iMedia price targets and analyst ratings on TipRanks)

  • Do Hedge Funds Like iMedia Brands, Inc. (NASDAQ:IMBI)?
    Insider Monkey

    Do Hedge Funds Like iMedia Brands, Inc. (NASDAQ:IMBI)?

    Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]

  • GlobeNewswire

    GreenMD Beauty and Charlie Lapson Jewelry to Launch on ShopHQ® in January

    MINNEAPOLIS, Dec. 23, 2019 -- iMedia Brands (NASDAQ: IMBI) announced two innovative and exciting new brands launching in January 2020 on its flagship, nationally-distributed.

  • American City Business Journals

    Shaquille O'Neal to launch new food show from Atlanta

    NBA Hall of Famer Shaquille O’Neal looks to combine his big personality and culinary prowess during a new food show launching in 2020, "In the Kitchen with Shaq". O’Neal is extending his roots here as the nationally-televised program will be filmed live from Atlanta. The weekly hour-long broadcast, which is slated to launch in March, will be hosted by the four-time NBA champion and will feature Shaq's own line of kitchen and cookware products.

  • GlobeNewswire

    iMedia Brands Accelerates Growth Strategy with Two Interactive Acquisitions

    MINNEAPOLIS, Nov. 26, 2019 -- iMedia Brands, Inc. (NASDAQ: IMBI) today announced two important accretive acquisitions, Float Left Interactive and J.W. Hulme. Both accelerate.

  • GlobeNewswire

    iMedia Announces Reverse Stock Split to Remain in Compliance with NASDAQ

    MINNEAPOLIS, Nov. 25, 2019 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (NASDAQ: IMBI) is announcing that effective at 5:00 p.m. Central time on December 11, 2019 it will implement a ten-for-one reverse stock split of its outstanding common stock. The reverse stock split is primarily intended to bring the company into compliance with the minimum bid price requirement for maintaining its listing on the Nasdaq Capital Market. Upon the effectiveness of the reverse stock split, every ten shares of issued and outstanding common stock before the close of business on December 11, 2019 will be combined into one issued and outstanding share of common stock, with no change in par value per share.

  • GlobeNewswire

    iMedia Brands Reports Third Quarter Results

    MINNEAPOLIS, Nov. 20, 2019 -- iMedia Brands, Inc. (NASDAQ: IMBI) today announced results for the third quarter ended November 2, 2019.  Third Quarter 2019 Summary & Recent.

  • GlobeNewswire

    Shaquille O’Neal Launches “In the Kitchen with Shaq” on ShopHQ®

    MINNEAPOLIS, Nov. 19, 2019 -- iMedia Brands (NASDAQ: IMBI) today announced a partnership with Authentic Brands Group (ABG) for Shaquille O’Neal and ShopHQ®, its flagship.

  • GlobeNewswire

    Bulldog Shopping Television Network to Launch This Friday

    MINNEAPOLIS, Minn., Nov. 18, 2019 (GLOBE NEWSWIRE) -- iMedia Brands (NASDAQ: IMBI) today announced that this Friday, November 22nd, it will launch a new, innovative, 24/7 television network called Bulldog Shopping Network™. The company already owns and operates a nationally distributed, 24/7 television network called ShopHQ®, which is its flagship service that has been engaging customers in the United States for over 25 years. Bulldog Shopping Network is a male-oriented television network with a brand promise to do things differently.

  • GlobeNewswire

    iMedia Brands Sets Third Quarter 2019 Conference Call for Wednesday, November 20, 2019, at 8:30 a.m. ET

    MINNEAPOLIS, Nov. 11, 2019 -- iMedia Brands, Inc. (NASDAQ: IMBI) will hold a conference call on Wednesday, November 20, 2019, at 8:30 a.m. Eastern time to discuss its financial.

  • GlobeNewswire

    John O’Hurley, Leota Fashions and Bear Creek Cattle Company Steaks To Launch Brands Exclusively on iMedia Brands’ ShopHQ

    MINNEAPOLIS, Nov. 08, 2019 (GLOBE NEWSWIRE) -- iMedia Brands (NASDAQ: IMBI) will launch three exciting new brands exclusively on its flagship, nationally distributed television network, ShopHQ®, over the coming months. John O’Hurley is well known for his award-winning role as J. Peterman on Seinfeld and as the ultimate champion of Dancing with the Stars. John is also widely known for his expertise with dogs.

  • GlobeNewswire

    Heather Dubrow to Launch Her Fashion Brand “Heather’s Closet” Exclusively on iMedia Brands’ ShopHQ

    MINNEAPOLIS, Nov. 04, 2019 (GLOBE NEWSWIRE) -- iMedia Brands’ (NASDAQ: IMBI) announces that its flagship, nationally distributed television network, ShopHQ®, will launch Heather Dubrow’s full fashion line this spring and will also offer a special capsule collection on December 14th. Heather’s Closet is a collection of luxury items designed and curated by Heather Dubrow. Heather truly believes that you shouldn’t have to spend a fortune in order to look and feel your best.

  • GlobeNewswire

    iMedia Brands Strengthens ShopHQ’s Merchandising & Marketing Teams

    MINNEAPOLIS, Oct. 24, 2019 -- iMedia Brands, Inc. (NASDAQ: IMBI) announces it has hired seven key professionals to ShopHQ’s merchandising and marketing teams as the company.

  • GlobeNewswire

    Danny Seo, Romero Britto and Heather Hall Brands to Launch on iMedia Brands’ ShopHQ®

    MINNEAPOLIS, Oct. 22, 2019 -- iMedia Brands (NASDAQ: IMBI) announces that its flagship, nationally distributed television network, ShopHQ®, will launch three exciting new.

  • GlobeNewswire

    iMedia Brands’ ShopHQ Announces Innovative Loyalty Program that Offers Customers Free Shipping

    MINNEAPOLIS, Oct. 15, 2019 -- iMedia Brands (NASDAQ: IMBI) announces that its flagship, nationally distributed television network ShopHQ® launched a compelling loyalty program,.

  • GlobeNewswire

    iMedia Brands Appoints Jill Krueger to its Board of Directors

    MINNEAPOLIS, Sept. 16, 2019 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (NASDAQ: IMBI) announced the appointment of Jill Krueger to its board of directors, effective today. Ms. Krueger will also serve as chair of the board’s audit committee. Krueger has served as the president and CEO of Symbria, Inc., located in Warrenville, Illinois, since it was founded in 1995.

  • Hard Rock International Partners With Invicta Watch Company To Launch Watches Fit For A Rockstar
    PR Newswire

    Hard Rock International Partners With Invicta Watch Company To Launch Watches Fit For A Rockstar

    New Watch Collection is Available for Music Lovers Around the World on ShopHQ HOLLYWOOD, Fla. , Aug. 28, 2019 /PRNewswire/ -- Hard Rock International and Invicta Watch Company, a global brand known for ...

  • GlobeNewswire

    iMedia Brands Reports Second Quarter Results; Beats Consensus First Time in Three Quarters - Posts Positive Adjusted EBITDA

    MINNEAPOLIS, Aug. 28, 2019 -- iMedia Brands, Inc. (NASDAQ: IMBI) today announced results for the second quarter ended August 3, 2019.  Second Quarter 2019 Financial.

  • GlobeNewswire

    ShopHQ Partners with Hard Rock International to Launch Live Television Shopping Event This Labor Day Weekend

    MINNEAPOLIS, Aug. 23, 2019 -- ShopHQ (NASDAQ: IMBI), a nationally distributed television retailing network, is teaming up with Hard Rock International to deliver a fresh.

  • Hard Rock International Teams Up With ShopHQ To Launch Live Television Shopping Event This Labor Day Weekend
    PR Newswire

    Hard Rock International Teams Up With ShopHQ To Launch Live Television Shopping Event This Labor Day Weekend

    Five-Day Broadcast Airing Live on ShopHQ from Seminole Hard Rock Hotel & Casino Hollywood, Home to the World's First-Ever Guitar Shaped Hotel HOLLYWOOD, Fla. , Aug. 23, 2019 /PRNewswire/ -- Hard Rock International ...