Media headlines about Twitter (NYSE:TWTR) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Twitter earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave media stories about the social networking company an impact score of 42.6869575205912 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
A number of research analysts have recently commented on the stock. Stifel Nicolaus lifted their price objective on shares of Twitter from $26.00 to $27.00 and gave the company a “hold” rating in a research report on Thursday, April 26th. Vetr raised shares of Twitter from a “buy” rating to a “strong-buy” rating and set a $35.33 price objective for the company in a research report on Monday, March 26th. Raymond James raised shares of Twitter from an “underperform” rating to a “market perform” rating in a research report on Wednesday, April 25th. Zacks Investment Research downgraded shares of Twitter from a “strong-buy” rating to a “hold” rating in a research report on Saturday, June 30th. Finally, UBS Group lifted their target price on shares of Twitter from $36.00 to $52.00 and gave the stock a “buy” rating in a report on Friday, June 15th. Five analysts have rated the stock with a sell rating, twenty have assigned a hold rating, eleven have assigned a buy rating and three have issued a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $29.15.
Shares of Twitter opened at $46.65 on Friday, MarketBeat.com reports. The company has a market cap of $33.92 billion, a P/E ratio of 777.50, a P/E/G ratio of 5.52 and a beta of 0.88. The company has a debt-to-equity ratio of 0.33, a quick ratio of 10.23 and a current ratio of 10.23. Twitter has a 1 year low of $15.67 and a 1 year high of $47.79.
Twitter (NYSE:TWTR) last announced its quarterly earnings results on Wednesday, April 25th. The social networking company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.15. The company had revenue of $665.00 million for the quarter, compared to analyst estimates of $607.56 million. Twitter had a net margin of 0.57% and a return on equity of 2.81%. The firm’s revenue was up 21.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.07 EPS. equities research analysts forecast that Twitter will post 0.35 EPS for the current year.
In other Twitter news, Director Evan Clark Williams sold 682,242 shares of the business’s stock in a transaction that occurred on Tuesday, April 24th. The shares were sold at an average price of $30.88, for a total transaction of $21,067,632.96. Following the sale, the director now directly owns 2,030,075 shares of the company’s stock, valued at approximately $62,688,716. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Matthew Derella sold 15,100 shares of the business’s stock in a transaction that occurred on Thursday, May 3rd. The stock was sold at an average price of $30.56, for a total transaction of $461,456.00. The disclosure for this sale can be found here. Insiders have sold a total of 3,330,918 shares of company stock worth $121,697,325 over the last ninety days. 10.79% of the stock is currently owned by insiders.
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.
Receive News & Ratings for Twitter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twitter and related companies with MarketBeat.com's FREE daily email newsletter.