News coverage about Summer Infant (NASDAQ:SUMR) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty 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. Summer Infant earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.0908705940402 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several brokerages recently issued reports on SUMR. ValuEngine downgraded Summer Infant from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Roth Capital set a $3.00 price target on Summer Infant and gave the stock a “buy” rating in a report on Tuesday, August 22nd. Zacks Investment Research downgraded Summer Infant from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 8th. Finally, B. Riley reiterated a “buy” rating on shares of Summer Infant in a report on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. Summer Infant currently has an average rating of “Hold” and a consensus target price of $2.50.
Shares of Summer Infant (NASDAQ SUMR) traded up $0.05 during trading on Friday, reaching $1.43. The company had a trading volume of 69,380 shares, compared to its average volume of 48,551. Summer Infant has a 1-year low of $1.32 and a 1-year high of $2.25. The company has a market capitalization of $26.62, a P/E ratio of 143.00 and a beta of -0.18. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.95 and a quick ratio of 0.92.
Summer Infant (NASDAQ:SUMR) last posted its quarterly earnings data on Wednesday, November 1st. The company reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.02). Summer Infant had a positive return on equity of 0.43% and a negative net margin of 2.66%. The business had revenue of $43.13 million during the quarter, compared to analysts’ expectations of $48.55 million. sell-side analysts anticipate that Summer Infant will post 0.13 EPS for the current fiscal year.
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About Summer Infant
Summer Infant, Inc is an infant and juvenile products company. The Company is engaged in the juvenile industry, providing mothers and caregivers a range of products to care for babies and toddlers. As of December 31, 2016, it marketed over 1,100 products in several product categories, including monitoring, safety, nursery, baby gear and feeding products.
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