Media coverage about Belmond (NYSE:BEL) has been trending somewhat positive on Saturday, Accern reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Belmond earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.908751747115 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have effected Accern’s rankings:
Belmond stock traded up $0.10 during trading hours on Friday, reaching $16.05. 863,777 shares of the company were exchanged, compared to its average volume of 451,227. The stock has a market capitalization of $1.60 billion, a P/E ratio of 133.75, a PEG ratio of 6.55 and a beta of 1.33. The company has a quick ratio of 1.45, a current ratio of 1.57 and a debt-to-equity ratio of 1.16. Belmond has a 12 month low of $10.30 and a 12 month high of $16.20.
Belmond (NYSE:BEL) last announced its earnings results on Wednesday, August 8th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. The firm had revenue of $171.60 million during the quarter, compared to analysts’ expectations of $176.22 million. Belmond had a positive return on equity of 1.48% and a negative net margin of 6.84%. sell-side analysts anticipate that Belmond will post 0.19 earnings per share for the current year.
BEL has been the subject of a number of recent analyst reports. ValuEngine raised Belmond from a “hold” rating to a “buy” rating in a research report on Thursday, August 9th. Jefferies Financial Group raised Belmond from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research report on Friday, August 10th. Deutsche Bank upped their target price on Belmond to $17.00 and gave the stock a “hold” rating in a research report on Friday, August 10th. Finally, Barclays cut Belmond from an “overweight” rating to an “underweight” rating and upped their target price for the stock from $14.00 to $15.00 in a research report on Tuesday, July 3rd. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $17.33.
Belmond Ltd. engages in the hotel and travel businesses. As of December 31, 2017, the company owned, invested in, or managed 36 deluxe hotels and resort properties in the United States, Mexico, The Caribbean, Europe, Southern Africa, South America, and Southeast Asia; 1 stand-alone restaurant in New York; 7 tourist trains in Europe, Southeast Asia, and Peru; 1 river cruise in Myanmar; and 1 canal boat business in France.
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