Rambus (RMBS) Receives Coverage Optimism Score of 0.02

News headlines about Rambus (NASDAQ:RMBS) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rambus earned a daily sentiment score of 0.02 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 47.5642943683184 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

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

Rambus opened at $13.11 on Tuesday, according to MarketBeat. The stock has a market cap of $1.41 billion, a P/E ratio of 29.13, a price-to-earnings-growth ratio of 1.97 and a beta of 0.44. Rambus has a twelve month low of $13.14 and a twelve month high of $13.33. The company has a current ratio of 3.44, a quick ratio of 3.40 and a debt-to-equity ratio of 0.16.

Rambus (NASDAQ:RMBS) last posted its quarterly earnings results on Monday, May 7th. The semiconductor company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.31). The business had revenue of $100.50 million for the quarter, compared to analyst estimates of $97.00 million. Rambus had a positive return on equity of 8.46% and a negative net margin of 17.65%. The business’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.17 earnings per share. equities analysts predict that Rambus will post 0.67 EPS for the current year.

A number of research firms recently weighed in on RMBS. BidaskClub lowered shares of Rambus from a “sell” rating to a “strong sell” rating in a research report on Wednesday, January 24th. Benchmark restated a “buy” rating and set a $18.00 price target (up from $16.00) on shares of Rambus in a research report on Thursday, January 25th. Deutsche Bank began coverage on shares of Rambus in a research report on Tuesday, March 27th. They set a “buy” rating and a $17.00 price target on the stock. Zacks Investment Research upgraded shares of Rambus from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research report on Friday. Finally, ValuEngine upgraded shares of Rambus from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Rambus currently has a consensus rating of “Buy” and an average price target of $16.27.

Rambus Company Profile

Rambus Inc provides semiconductor products in South Korea and internationally. The company operates through Memory and Interfaces, Security, and Other segments. It focuses on the design, development, and manufacturing through partnerships and licensing of technology and solutions related to memory and interfaces; and design, development, deployment, and licensing of technologies for chip, system and in-field application security, anti-counterfeiting, smart ticketing, and mobile payments.

Insider Buying and Selling by Quarter for Rambus (NASDAQ:RMBS)

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