News coverage about SINA (NASDAQ:SINA) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than 20 million blog and news 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. SINA earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 45.2073752381221 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
SINA stock traded up $1.44 during midday trading on Monday, reaching $94.81. 737,176 shares of the company were exchanged, compared to its average volume of 1,004,114. The stock has a market cap of $6,677.32, a PE ratio of 45.36 and a beta of 1.14. SINA has a 1 year low of $68.33 and a 1 year high of $124.60. The company has a current ratio of 3.22, a quick ratio of 2.68 and a debt-to-equity ratio of 0.24.
SINA (NASDAQ:SINA) last posted its quarterly earnings data on Tuesday, February 13th. The technology company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.29. The firm had revenue of $503.70 million during the quarter, compared to analysts’ expectations of $482.59 million. SINA had a return on equity of 3.99% and a net margin of 9.89%. The firm’s quarterly revenue was up 62.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.63 EPS. equities analysts predict that SINA will post 2.97 EPS for the current year.
Several research firms have recently issued reports on SINA. BidaskClub downgraded SINA from a “sell” rating to a “strong sell” rating in a research note on Friday, April 6th. Zacks Investment Research raised SINA from a “sell” rating to a “hold” rating in a research note on Friday, March 9th. JPMorgan Chase lifted their price target on SINA from $175.00 to $179.00 and gave the stock an “overweight” rating in a research note on Thursday, February 15th. Benchmark lifted their price objective on SINA from $157.00 to $174.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. Finally, Jefferies Group reiterated a “buy” rating and set a $175.00 price objective on shares of SINA in a research report on Wednesday, January 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. SINA presently has an average rating of “Buy” and a consensus target price of $139.00.
WARNING: This report was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another domain, it was illegally copied and reposted in violation of US & international trademark & copyright legislation. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2018/04/17/sina-sina-receiving-somewhat-favorable-press-coverage-analysis-shows.html.
SINA Company Profile
SINA Corporation, through its subsidiaries, operates as an online media company in the People's Republic of China. It operates SINA.com, an online brand advertising portal that provides region-focused format and content, including multimedia news; business news coverage and personal finance columns; sporting events news; automobile-related news; entertainment news and events; technology updates; interactive video products, such as news, sports, entertainment, and education; and education, digital, fashion, eLadies, luxury, health, collectibles, travel, and other interest-based channels.
Receive News & Ratings for SINA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SINA and related companies with MarketBeat.com's FREE daily email newsletter.