Media headlines about Teekay (NYSE:TK) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Teekay earned a news sentiment score of 0.03 on Accern’s scale. Accern also assigned news coverage about the shipping company an impact score of 46.4393094933116 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
A number of equities analysts have recently issued reports on TK shares. BidaskClub raised shares of Teekay from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research raised shares of Teekay from a “sell” rating to a “hold” rating in a research report on Thursday, September 21st. Jefferies Group LLC reissued a “hold” rating and set a $8.00 price objective on shares of Teekay in a research report on Thursday, October 12th. Finally, ValuEngine cut shares of Teekay from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Three research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $7.00.
Teekay (NYSE TK) traded up $0.03 on Friday, hitting $8.54. 565,759 shares of the company were exchanged, compared to its average volume of 1,452,010. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 1.49. Teekay has a 12 month low of $5.14 and a 12 month high of $11.77.
Teekay (NYSE:TK) last posted its earnings results on Thursday, November 9th. The shipping company reported ($0.41) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.44) by $0.03. Teekay had a negative net margin of 24.27% and a negative return on equity of 38.79%. The company had revenue of $500.80 million for the quarter, compared to analyst estimates of $475.32 million. During the same quarter in the prior year, the business posted ($0.23) EPS. The firm’s revenue was down 8.5% compared to the same quarter last year. equities analysts forecast that Teekay will post -1.16 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Friday, November 3rd were issued a $0.055 dividend. The ex-dividend date was Thursday, November 2nd. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.58%. Teekay’s dividend payout ratio is presently -15.60%.
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Teekay Corporation (Teekay) is a provider of crude oil and gas marine transportation services. The Company also offers offshore oil production, storage and offloading services, primarily under long-term, fixed-rate contracts. The Company is engaged in the liquefied natural gas (LNG) and liquefied petroleum gas (LPG) shipping sectors, as well as in the operations in the offshore production, storage and transportation sector.
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