Exa Corporation (EXA) Receives Daily Media Sentiment Score of 0.07

News stories about Exa Corporation (NASDAQ:EXA) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Exa Corporation earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 45.3507198254004 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the headlines that may have effected Accern’s rankings:

A number of equities analysts have weighed in on the company. Zacks Investment Research lowered Exa Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. BidaskClub lowered Exa Corporation from a “buy” rating to a “hold” rating in a research note on Friday, October 20th. Needham & Company LLC lowered Exa Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 29th. Canaccord Genuity restated a “hold” rating and issued a $24.25 target price on shares of Exa Corporation in a research note on Thursday, September 28th. Finally, Stifel Nicolaus lowered Exa Corporation from a “buy” rating to a “hold” rating and upped their target price for the stock from $17.00 to $24.25 in a research note on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $20.63.

Exa Corporation (NASDAQ:EXA) opened at 24.20 on Friday. The stock’s market capitalization is $363.39 million. The stock has a 50 day moving average price of $20.33 and a 200-day moving average price of $15.38. Exa Corporation has a 12-month low of $12.34 and a 12-month high of $24.42.

Exa Corporation (NASDAQ:EXA) last issued its earnings results on Monday, August 28th. The technology company reported ($0.12) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.12). Exa Corporation had a negative return on equity of 25.19% and a negative net margin of 6.46%. The firm had revenue of $17.50 million for the quarter, compared to analysts’ expectations of $17.58 million. During the same period in the previous year, the firm posted ($0.05) earnings per share. The business’s revenue was up 2.3% compared to the same quarter last year. On average, equities analysts anticipate that Exa Corporation will post ($0.12) earnings per share for the current fiscal year.

In other news, major shareholder Soros Fund Management Llc bought 159,500 shares of Exa Corporation stock in a transaction dated Wednesday, September 13th. The shares were purchased at an average cost of $14.46 per share, with a total value of $2,306,370.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders bought 243,310 shares of company stock worth $3,628,183 over the last ninety days. Insiders own 11.53% of the company’s stock.

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Exa Corporation Company Profile

Exa Corporation develops, sells and supports simulation software and services that manufacturers use in design and engineering processes. The Company focuses primarily on the ground transportation market, including manufacturers in the passenger vehicle, highway truck, off-highway vehicle and train markets, as well as their suppliers.

Insider Buying and Selling by Quarter for Exa Corporation (NASDAQ:EXA)

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