Twitter (TWTR) Earning Somewhat Favorable News Coverage, Analysis Shows

Headlines about Twitter (NYSE:TWTR) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Twitter earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the social networking company an impact score of 44.1185305157805 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news headlines that may have effected Accern’s scoring:

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A number of research analysts have commented on the company. Aegis raised Twitter from a “sell” rating to a “buy” rating and set a $30.00 price target for the company in a research report on Tuesday, January 16th. Vetr lowered Twitter from a “strong-buy” rating to a “buy” rating and set a $26.90 price target for the company. in a research report on Wednesday, January 3rd. Robert W. Baird upped their price target on Twitter from $20.00 to $33.00 and gave the company a “neutral” rating in a research report on Friday, February 9th. Canaccord Genuity upped their price target on Twitter from $21.00 to $25.00 and gave the company a “hold” rating in a research report on Friday, February 9th. Finally, SunTrust Banks upped their price target on Twitter to $29.00 and gave the company a “hold” rating in a research report on Friday, February 9th. They noted that the move was a valuation call. Six analysts have rated the stock with a sell rating, twenty-one have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. Twitter has a consensus rating of “Hold” and an average price target of $24.04.

Shares of Twitter stock remained flat at $$31.54 during midday trading on Thursday. The company had a trading volume of 22,629,269 shares, compared to its average volume of 30,683,416. The company has a debt-to-equity ratio of 0.34, a current ratio of 9.12 and a quick ratio of 9.12. The stock has a market cap of $23,908.80, a P/E ratio of 525.67, a P/E/G ratio of 8.65 and a beta of 0.86. Twitter has a 52 week low of $14.41 and a 52 week high of $36.80.

Twitter (NYSE:TWTR) last posted its quarterly earnings results on Thursday, February 8th. The social networking company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.05. The company had revenue of $731.60 million for the quarter, compared to the consensus estimate of $686.12 million. Twitter had a positive return on equity of 0.77% and a negative net margin of 4.42%. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.11 EPS. research analysts predict that Twitter will post 0.17 earnings per share for the current fiscal year.

In other Twitter news, General Counsel Vijaya Gadde sold 15,000 shares of the stock in a transaction on Monday, January 22nd. The stock was sold at an average price of $23.28, for a total transaction of $349,200.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert Kaiden sold 1,421 shares of the stock in a transaction on Monday, April 2nd. The shares were sold at an average price of $28.12, for a total value of $39,958.52. The disclosure for this sale can be found here. Insiders sold a total of 2,791,755 shares of company stock worth $88,096,879 in the last 90 days. 10.79% of the stock is currently owned by company insiders.

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About Twitter

Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.

Insider Buying and Selling by Quarter for Twitter (NYSE:TWTR)

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