Somewhat Positive Press Coverage Somewhat Unlikely to Impact Bankrate (RATE) Stock Price

Media headlines about Bankrate (NYSE:RATE) have trended somewhat positive on Monday, Accern reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bankrate earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 45.0422744773548 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

Separately, BidaskClub cut shares of Bankrate from a “sell” rating to a “strong sell” rating in a research report on Friday, October 20th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $14.00.

Bankrate (NYSE RATE) traded up $0.05 during mid-day trading on Monday, hitting $14.00. 2,003,100 shares of the company traded hands, compared to its average volume of 620,162. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.39 and a current ratio of 2.39. The company has a market capitalization of $1,260.00, a PE ratio of -56.00 and a beta of 1.64. Bankrate has a one year low of $8.55 and a one year high of $14.25.

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Bankrate Company Profile

Bankrate, Inc is a publisher, aggregator and distributor of personal finance content on the Internet. The Company provides consumers personal finance editorial content across multiple vertical categories, including mortgages, deposits, credit cards, senior care and other personal finance categories. The Company’s segments include Banking, Credit Cards, Senior Care and Other.

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