News stories about TheStreet (NASDAQ:TST) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TheStreet earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the information services provider an impact score of 43.980810643791 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
TST has been the subject of several recent analyst reports. Zacks Investment Research upgraded TheStreet from a “hold” rating to a “strong-buy” rating and set a $1.50 price target for the company in a research note on Friday, March 9th. ValuEngine raised TheStreet from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. B. Riley reissued a “buy” rating and issued a $3.00 target price on shares of TheStreet in a report on Friday, March 2nd. Finally, Northland Securities assumed coverage on TheStreet in a research report on Wednesday, December 13th. They set an “outperform” rating and a $3.00 price target on the stock. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. TheStreet presently has an average rating of “Buy” and a consensus price target of $2.63.
Shares of TheStreet stock remained flat at $$1.60 during midday trading on Thursday. 332,157 shares of the stock traded hands, compared to its average volume of 177,777. TheStreet has a 12 month low of $0.69 and a 12 month high of $1.70. The company has a market cap of $78.70, a P/E ratio of 2.81 and a beta of 0.80.
TheStreet (NASDAQ:TST) last posted its quarterly earnings results on Monday, March 5th. The information services provider reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.07. TheStreet had a return on equity of 14.33% and a net margin of 4.21%. The business had revenue of $15.98 million during the quarter, compared to analysts’ expectations of $16.19 million. sell-side analysts anticipate that TheStreet will post 0.02 EPS for the current fiscal year.
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TheStreet Company Profile
TheStreet, Inc (TheStreet) is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels.
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