Press coverage about Leaf Group (NYSE:LFGR) has been trending positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Leaf Group earned a coverage optimism score of 0.39 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 47.1670671093981 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
Shares of NYSE LFGR traded down $0.05 during mid-day trading on Friday, reaching $7.10. 18,217 shares of the company’s stock were exchanged, compared to its average volume of 49,996. The stock has a market capitalization of $174.90, a price-to-earnings ratio of -5.30 and a beta of 0.86. Leaf Group has a 52 week low of $6.35 and a 52 week high of $10.15.
Leaf Group (NYSE:LFGR) last released its earnings results on Thursday, March 1st. The technology company reported ($0.22) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.27) by $0.05. The company had revenue of $39.73 million for the quarter, compared to analysts’ expectations of $39.01 million. Leaf Group had a negative return on equity of 47.38% and a negative net margin of 24.14%.
A number of equities analysts have issued reports on the stock. ValuEngine raised shares of Leaf Group from a “strong sell” rating to a “sell” rating in a report on Monday, April 2nd. Zacks Investment Research raised shares of Leaf Group from a “sell” rating to a “hold” rating in a report on Saturday, March 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $10.06.
In other news, CEO Sean P. Moriarty sold 16,414 shares of Leaf Group stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $7.67, for a total transaction of $125,895.38. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 27,751 shares of company stock worth $222,209 over the last quarter. Company insiders own 47.60% of the company’s stock.
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Leaf Group Company Profile
Leaf Group Ltd., together with its subsidiaries, operates as a diversified consumer Internet company worldwide. The company operates in two segments, Marketplaces and Media. The Marketplaces segment offers Society6.com, which provides artists with an online commerce platform to feature and sell their original art and designs on consumer products in the home décor, accessories, and apparel categories; and Deny Designs, an artist-driven home décor brand.
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