Tootsie Roll Industries (TR) Earning Somewhat Positive Press Coverage, Analysis Finds

Media stories about Tootsie Roll Industries (NYSE:TR) have been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by reviewing 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 nearest to one being the most favorable. Tootsie Roll Industries earned a coverage optimism score of 0.03 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 47.1351698262451 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.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

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Tootsie Roll Industries stock opened at $28.75 on Tuesday. The stock has a market capitalization of $1,869.63, a price-to-earnings ratio of 23.16 and a beta of 0.67. Tootsie Roll Industries has a one year low of $28.50 and a one year high of $39.45.

Tootsie Roll Industries (NYSE:TR) last announced its quarterly earnings data on Wednesday, February 14th. The company reported $0.50 earnings per share for the quarter. The business had revenue of $125.18 million for the quarter. Tootsie Roll Industries had a return on equity of 11.31% and a net margin of 15.68%.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 27th. Stockholders of record on Tuesday, March 6th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend was Monday, March 5th.

Separately, TheStreet cut Tootsie Roll Industries from a “b-” rating to a “c+” rating in a research note on Thursday, April 5th.

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About Tootsie Roll Industries

Tootsie Roll Industries, Inc, together with its subsidiaries, manufactures and sells confectionery products primarily in the United States, Canada, and Mexico. The company sells its products under the TOOTSIE ROLL, TOOTSIE POPS, CHILD'S PLAY, CARAMEL APPLE POPS, CHARMS, BLOW-POP, CHARMS MINI POPS, CELLA'S, DOTS, JUNIOR MINTS, CHARLESTON CHEW, SUGAR DADDY, SUGAR BABIES, ANDES, FLUFFY STUFF, DUBBLE BUBBLE, RAZZLES, CRY BABY, NIK-L-NIP, and TUTSI POP trademarks.

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