Imagination Park Entertainment (IP) Earning Somewhat Favorable Press Coverage, Study Shows

News coverage about Imagination Park Entertainment (NYSE:IP) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Imagination Park Entertainment earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.5809859301812 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news headlines that may have effected Accern Sentiment’s rankings:

Imagination Park Entertainment (NYSE:IP) opened at C$54.85 on Friday. Imagination Park Entertainment has a twelve month low of C$45.19 and a twelve month high of C$58.96.

Imagination Park Entertainment (NYSE:IP) last posted its quarterly earnings results on Wednesday, October 25th. The company reported C$1.08 EPS for the quarter, topping the Zacks’ consensus estimate of C$1.04 by C$0.04. Imagination Park Entertainment had a return on equity of 33.50% and a net margin of 5.92%. The company had revenue of C$5.91 billion for the quarter, compared to analysts’ expectations of C$5.85 billion. During the same period in the previous year, the firm earned $0.91 EPS. The firm’s revenue was up 12.3% compared to the same quarter last year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Wednesday, November 15th will be issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 3.46%. This is a boost from Imagination Park Entertainment’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Tuesday, November 14th.

A number of equities research analysts have issued reports on the company. BidaskClub downgraded Imagination Park Entertainment from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. DA Davidson upgraded Imagination Park Entertainment from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $53.75 to $62.00 in a research note on Monday, August 14th. Deutsche Bank AG reiterated a “hold” rating and set a $56.00 price objective (up from $54.00) on shares of Imagination Park Entertainment in a research note on Monday, October 9th. Royal Bank of Canada reiterated a “buy” rating and set a $65.00 price objective on shares of Imagination Park Entertainment in a research note on Monday, August 21st. Finally, Barclays PLC reiterated a “sell” rating and set a $50.00 price objective on shares of Imagination Park Entertainment in a research note on Wednesday, August 2nd. One analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of C$61.73.

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Imagination Park Entertainment Company Profile

International Paper Company is a paper and packaging company with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The Company’s segments include Industrial Packaging, Global Cellulose Fibers, Printing Papers and Consumer Packaging.

Insider Buying and Selling by Quarter for Imagination Park Entertainment (NYSE:IP)

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