Somewhat Favorable Media Coverage Somewhat Unlikely to Affect TheStreet (NASDAQ:TST) Stock Price

News stories about TheStreet (NASDAQ:TST) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TheStreet earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the information services provider an impact score of 43.980810643791 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:

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TST has been the topic of several research reports. Zacks Investment Research upgraded shares of TheStreet from a “hold” rating to a “strong-buy” rating and set a $1.50 price objective on the stock in a report on Friday, March 9th. B. Riley reiterated a “buy” rating and issued a $3.00 target price on shares of TheStreet in a report on Friday, March 2nd. ValuEngine upgraded shares of TheStreet from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Finally, Northland Securities assumed coverage on shares of TheStreet in a research report on Wednesday, December 13th. They set an “outperform” rating and a $3.00 target price for the company. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $2.63.

Shares of TST opened at $1.81 on Friday. The company has a market capitalization of $83.62, a P/E ratio of 22.50 and a beta of 0.45. TheStreet has a 1-year low of $0.69 and a 1-year high of $1.95.

TheStreet (NASDAQ:TST) last announced its earnings results on Monday, March 5th. The information services provider reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.07. The business had revenue of $15.98 million for the quarter, compared to the consensus estimate of $16.19 million. TheStreet had a net margin of 4.21% and a return on equity of 14.33%. equities analysts anticipate that TheStreet will post 0.02 EPS for the current fiscal year.

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About TheStreet

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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