News stories about Eros International PLC (NYSE:EROS) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Eros International PLC earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.6491056245488 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
A number of brokerages recently issued reports on EROS. Zacks Investment Research upgraded Eros International PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. TheStreet downgraded Eros International PLC from a “c” rating to a “d+” rating in a research report on Friday, July 28th. Jefferies Group LLC restated a “buy” rating and set a $17.00 price target (up previously from $15.00) on shares of Eros International PLC in a research report on Monday, October 9th. BidaskClub downgraded Eros International PLC from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Finally, Wells Fargo & Company restated an “outperform” rating on shares of Eros International PLC in a research report on Wednesday, August 9th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the stock. Eros International PLC presently has a consensus rating of “Hold” and an average price target of $17.00.
Eros International PLC (NYSE:EROS) remained flat at $12.20 during midday trading on Friday. 151,542 shares of the stock were exchanged. The company has a 50 day moving average of $13.77 and a 200 day moving average of $11.19. The firm’s market cap is $739.66 million. Eros International PLC has a 52-week low of $6.65 and a 52-week high of $18.85.
Eros International PLC (NYSE:EROS) last released its quarterly earnings results on Friday, October 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The company had revenue of $60.83 million during the quarter. Eros International PLC had a net margin of 0.20% and a return on equity of 0.03%. Equities research analysts expect that Eros International PLC will post $0.18 earnings per share for the current fiscal year.
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Eros International PLC Company Profile
Eros International Plc (Eros) is a holding company, which serves the Indian film entertainment industry. The Company’s principal activities include the acquisition, co-production and distribution of Indian films and related content. It distributes its film content through the distribution channels, such as theatrical, including multiplex chains and standalone theaters; television syndication, including satellite television broadcasting, cable television and terrestrial television; digital and ancillary, including music, inflight entertainment, home video, Internet protocol television (IPTV), video on demand (VOD), and Internet channels and Eros Now.
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