News stories about Dixie Group (NASDAQ:DXYN) have been trending somewhat positive on Wednesday, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty 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 closest to one being the most favorable. Dixie Group earned a news impact score of 0.00 on Accern’s scale. Accern also gave news coverage about the textile maker an impact score of 47.2910906982406 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
A number of equities research analysts recently weighed in on DXYN shares. ValuEngine raised shares of Dixie Group from a “sell” rating to a “hold” rating in a report on Monday, April 2nd. Zacks Investment Research upgraded shares of Dixie Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 1st.
NASDAQ DXYN traded up $0.10 during trading hours on Wednesday, reaching $2.65. 100 shares of the company traded hands, compared to its average volume of 16,627. Dixie Group has a 12 month low of $2.65 and a 12 month high of $2.65. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.69 and a quick ratio of 0.85. The company has a market capitalization of $45.19 million, a price-to-earnings ratio of -37.86 and a beta of 0.26.
Dixie Group (NASDAQ:DXYN) last posted its quarterly earnings data on Thursday, May 3rd. The textile maker reported ($0.17) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.01). Dixie Group had a negative net margin of 2.87% and a negative return on equity of 4.16%. The company had revenue of $98.86 million for the quarter, compared to the consensus estimate of $99.70 million. analysts anticipate that Dixie Group will post 0.06 EPS for the current year.
About Dixie Group
The Dixie Group, Inc manufactures, markets, and sells floorcovering products for residential and commercial applications primarily in the United States. It offers residential carpets and custom rugs, specialty carpets and rugs, residential tufted broadloom and rugs, and broadloom and modular carpet tiles.
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