Media coverage about Sequential Brands Group (NASDAQ:SQBG) has been trending positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing 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 closest to one being the most favorable. Sequential Brands Group earned a news sentiment score of 0.32 on Accern’s scale. Accern also gave news headlines about the textile maker an impact score of 45.862434790322 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Several analysts have issued reports on the stock. Zacks Investment Research raised shares of Sequential Brands Group from a “sell” rating to a “hold” rating in a research note on Thursday. ValuEngine downgraded shares of Sequential Brands Group from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Roth Capital downgraded shares of Sequential Brands Group from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $3.25 to $2.00 in a research note on Monday, November 13th. < Canaccord Genuity downgraded shares of Sequential Brands Group from a "buy" rating to a "hold" rating and dropped their price target for the stock from $6.00 to $1.50 in a research note on Friday, November 10th. Finally, B. Riley reaffirmed a "buy" rating and issued a $7.00 price target on shares of Sequential Brands Group in a research note on Monday, November 6th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of "Hold" and an average price target of $6.92.
Sequential Brands Group (NASDAQ:SQBG) opened at $1.73 on Friday. Sequential Brands Group has a one year low of $1.36 and a one year high of $4.21. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 1.16. The firm has a market cap of $109.25, a price-to-earnings ratio of -4.55, a PEG ratio of 0.21 and a beta of -0.03.
In related news, Director Aaron P. Hollander purchased 20,000 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were acquired at an average cost of $1.72 per share, with a total value of $34,400.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 27.30% of the company’s stock.
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Sequential Brands Group Company Profile
Sequential Brands Group, Inc owns a portfolio of consumer brands in the fashion, home, athletic and lifestyle categories. The Company’s portfolio of consumer brands includes Martha Stewart, Emeril Lagasse, Jessica Simpson, Joe’s Jeans, William Rast, Ellen Tracy, Revo, AND1 and Avia. The Company’s brands are licensed for a range of product categories, including apparel, footwear, eyewear, fashion accessories and home goods.
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