Somewhat Negative Press Coverage Somewhat Unlikely to Impact PLDT (PHI) Stock Price

Media headlines about PLDT (NYSE:PHI) have trended somewhat negative this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than 20 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 nearest to one being the most favorable. PLDT earned a coverage optimism score of -0.01 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 45.4206559812533 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

PLDT opened at $26.07 on Friday, according to MarketBeat Ratings. The stock has a market cap of $5.62 billion, a PE ratio of 10.30 and a beta of 0.81. PLDT has a 52-week low of $25.50 and a 52-week high of $38.54. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.55 and a current ratio of 0.58.

PLDT (NYSE:PHI) last issued its earnings results on Thursday, March 8th. The technology company reported $0.41 EPS for the quarter. The firm had revenue of $802.90 million for the quarter. PLDT had a return on equity of 25.23% and a net margin of 9.61%. analysts anticipate that PLDT will post 2.2 earnings per share for the current fiscal year.

The company also recently announced a special dividend, which was paid on Tuesday, May 8th. Investors of record on Thursday, April 12th were given a $0.5342 dividend. The ex-dividend date was Wednesday, April 11th. PLDT’s dividend payout ratio is currently 28.06%.

Several research firms have recently issued reports on PHI. Zacks Investment Research upgraded shares of PLDT from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Tuesday, January 23rd. Morgan Stanley upgraded shares of PLDT from an “underweight” rating to an “equal weight” rating in a report on Friday, March 9th. JPMorgan Chase upgraded shares of PLDT from a “neutral” rating to an “overweight” rating in a report on Friday, January 26th. Jefferies Group downgraded shares of PLDT from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, HSBC downgraded shares of PLDT from a “buy” rating to a “reduce” rating in a report on Friday, May 11th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. PLDT presently has a consensus rating of “Hold” and a consensus price target of $33.00.

About PLDT

PLDT Inc operates as a telecommunications company in the Philippines. The company's Wireless segment offers cellular mobile, Internet broadband distribution, operations support, mobile applications and digital platforms development, mobile payment, solutions and systems integration, satellite communications, and satellite information and messaging services.

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