Westmoreland Coal (NASDAQ:WLB) Getting Somewhat Critical News Coverage, Analysis Finds

News coverage about Westmoreland Coal (NASDAQ:WLB) has trended somewhat negative on Saturday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Westmoreland Coal earned a coverage optimism score of -0.11 on Accern’s scale. Accern also gave news headlines about the coal producer an impact score of 42.5686715990782 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

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NASDAQ WLB opened at $0.34 on Friday. The company has a debt-to-equity ratio of -1.32, a current ratio of 1.04 and a quick ratio of 0.71. Westmoreland Coal has a 12 month low of $0.20 and a 12 month high of $15.28.

Westmoreland Coal (NASDAQ:WLB) last released its quarterly earnings data on Monday, April 2nd. The coal producer reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.89. The company had revenue of $363.80 million during the quarter, compared to the consensus estimate of $302.30 million. research analysts predict that Westmoreland Coal will post -0.89 EPS for the current year.

Several equities analysts have recently issued reports on the company. ValuEngine raised Westmoreland Coal from a “sell” rating to a “hold” rating in a research note on Wednesday, February 28th. Zacks Investment Research raised Westmoreland Coal from a “sell” rating to a “hold” rating in a research note on Wednesday, March 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $6.00.

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Westmoreland Coal Company Profile

Westmoreland Coal Company, through its subsidiaries, operates as an energy company. The company operates through Coal – U.S., Coal – Canada, Coal – WMLP, and Power segments. It produces and sells sub-bituminous coal and lignite to power plants. The company owns and operates coal mines in Montana, North Dakota, Ohio, and Texas, the United States; and Alberta and Saskatchewan, Canada.

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