Headlines about Time Warner (NYSE:TWX) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative 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 positive one, with scores nearest to one being the most favorable. Time Warner earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the media conglomerate an impact score of 44.5238012393047 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the media stories that may have effected Accern’s analysis:
Time Warner (NYSE TWX) traded down $0.41 during mid-day trading on Thursday, hitting $89.65. 5,990,000 shares of the company’s stock were exchanged, compared to its average volume of 11,640,000. The stock has a market capitalization of $69,800.00, a PE ratio of 14.96, a price-to-earnings-growth ratio of 1.43 and a beta of 0.95. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.48 and a quick ratio of 1.26. Time Warner has a 12-month low of $85.88 and a 12-month high of $103.90.
Time Warner (NYSE:TWX) last announced its earnings results on Thursday, October 26th. The media conglomerate reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.23. The firm had revenue of $7.60 billion for the quarter, compared to analyst estimates of $7.40 billion. Time Warner had a net margin of 13.59% and a return on equity of 18.57%. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.83 EPS. research analysts expect that Time Warner will post 6.2 EPS for the current fiscal year.
A number of equities analysts recently commented on TWX shares. Jefferies Group reiterated a “hold” rating and issued a $105.00 target price on shares of Time Warner in a research report on Sunday, September 10th. Sanford C. Bernstein reiterated a “market perform” rating on shares of Time Warner in a research report on Tuesday, September 12th. BMO Capital Markets reiterated a “hold” rating and issued a $108.00 target price on shares of Time Warner in a research report on Wednesday, September 13th. Credit Suisse Group cut shares of Time Warner from an “outperform” rating to a “neutral” rating and set a $107.50 target price on the stock. in a research report on Monday, September 18th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Time Warner in a research report on Tuesday, September 26th. Twenty-three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $103.00.
In other news, CEO Jeffrey L. Bewkes sold 329,478 shares of Time Warner stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $90.65, for a total transaction of $29,867,180.70. Following the sale, the chief executive officer now owns 855,925 shares of the company’s stock, valued at approximately $77,589,601.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.16% of the company’s stock.
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About Time Warner
Time Warner Inc is a media and entertainment company. The Company operates through three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of premium pay television and over the top (OTT) services and premium pay, basic tier television and OTT services internationally, and Warner Bros., which consists of television, feature film, home video, and videogame production and distribution.
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