Press coverage about Craft Brew Alliance (NASDAQ:BREW) has trended positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing 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. Craft Brew Alliance earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.4433274986598 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
Shares of BREW stock opened at $19.65 on Friday. The firm has a market cap of $379.44, a price-to-earnings ratio of 140.36 and a beta of 0.45. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.21 and a quick ratio of 1.77. Craft Brew Alliance has a 12 month low of $12.00 and a 12 month high of $20.25.
Craft Brew Alliance (NASDAQ:BREW) last announced its quarterly earnings results on Wednesday, March 7th. The company reported $0.05 EPS for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.01. The business had revenue of $45.97 million during the quarter, compared to analyst estimates of $45.93 million. Craft Brew Alliance had a net margin of 4.59% and a return on equity of 2.13%. Craft Brew Alliance’s quarterly revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.02 EPS. analysts forecast that Craft Brew Alliance will post 0.39 EPS for the current year.
Several analysts have recently weighed in on the stock. BidaskClub upgraded shares of Craft Brew Alliance from a “hold” rating to a “buy” rating in a research note on Friday, March 30th. BMO Capital Markets assumed coverage on shares of Craft Brew Alliance in a research note on Monday, February 5th. They issued a “market perform” rating and a $19.00 price objective for the company. Citigroup lifted their price objective on shares of Craft Brew Alliance from $21.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday, February 6th. Susquehanna Bancshares set a $22.00 price objective on shares of Craft Brew Alliance and gave the company a “buy” rating in a research note on Monday, December 11th. Finally, ValuEngine upgraded shares of Craft Brew Alliance from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Craft Brew Alliance presently has a consensus rating of “Buy” and an average price target of $20.67.
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Craft Brew Alliance Company Profile
Craft Brew Alliance, Inc brews and sells craft beers and ciders in the United States and internationally. It operates through two segments, Beer Related Operations and Brewpubs Operations. It offers beers under the Kona, Widmer Brothers, Redhook, and Omission brands; and ciders under the Square Mile brand name.
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