Barrington Thinks Fluent Inc’s Stock is Going to Recover

Barrington analyst James Goss maintained a Buy rating on Fluent Inc (NASDAQ: FLNT) today and set a price target of $4. The company’s shares opened today at $2.65, close to its 52-week low of $2.05.

Goss noted:

“We reaffirm our OUTPERFORM rating and maintain our $4 price target. We had felt the value of the earlier stock was heavily provided by Fluent and feel the continuing operations of Fluent should have sufficient substance to appeal to small cap investors. Our $4 price target uses a conservative EBITDA multiple of under 10x. Company Description Fluent, Inc. is a data and analytics company providing information and marketing solutions to businesses in a variety of industries.”

According to, Goss is a 5-star analyst with an average return of 12.5% and a 60.5% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Sirius XM Holdings Inc, and Cinemark Holdings Inc.

Fluent Inc has an analyst consensus of Moderate Buy, with a price target consensus of $5.50.

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Based on Fluent Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $7.64 million. In comparison, last year the company had a GAAP net loss of $12.73 million.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FLNT in relation to earlier this year.

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Fluent, Inc. is a data and analytics company providing information and marketing solutions to businesses in a variety of industries. Through proprietary technology and a massive data repository, their data and analytical solutions harness the power of data fusion, uncovering the relevance of disparate data points and converting them into comprehensive and insightful views of people, businesses, assets and their interrelationships. It serves the risk management and the consumer marketing industries through its consolidated subsidiaries Interactive Data, LLC and Fluent LLC, respectively. Interactive Data provides information solutions to a broad and diverse set of industries including financial services, insurance, healthcare, corporate risk, law enforcement, government, collections, retail and legal, for purposes including identity verification, location, due diligence, risk management, prevention and detection of fraud and abuse, legislative compliance and debt recovery. Fluent provides people based, digital marketing solutions to leading consumer brands and direct marketers utilizing Fluent’s proprietary audience data and technology to enable marketers to acquire their best customers, with precision, at a massive scale. The company was founded in 2005 and is headquartered in Boca Raton, FL.

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