News stories about Twitter (NYSE:TWTR) have been trending negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than 6,000 news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Twitter earned a media sentiment score of -2.29 on their scale. InfoTrie also assigned media stories about the social networking company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock’s share price in the near term.
Here are some of the news headlines that may have impacted Twitter’s score:
Several research firms have recently issued reports on TWTR. Canaccord Genuity restated a “hold” rating and set a $42.00 target price (up from $32.00) on shares of Twitter in a research report on Wednesday, April 24th. They noted that the move was a valuation call. Moffett Nathanson decreased their target price on Twitter from $28.00 to $25.00 and set a “sell” rating for the company in a research report on Thursday, June 13th. UBS Group boosted their target price on Twitter from $38.00 to $46.00 and gave the stock a “buy” rating in a research report on Wednesday, April 24th. Wedbush restated a “hold” rating and set a $39.00 target price on shares of Twitter in a research report on Wednesday, April 24th. Finally, Pivotal Research began coverage on Twitter in a research report on Wednesday, May 29th. They set a “buy” rating and a $48.00 target price for the company. Three research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and sixteen have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $39.78.
NYSE TWTR opened at $36.44 on Tuesday. The company’s fifty day moving average price is $37.73. The company has a market cap of $27.79 billion, a PE ratio of 66.25, a price-to-earnings-growth ratio of 2.41 and a beta of 0.69. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.47 and a quick ratio of 4.47. Twitter has a 1-year low of $26.19 and a 1-year high of $46.92.
Twitter (NYSE:TWTR) last released its quarterly earnings results on Tuesday, April 23rd. The social networking company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.31. The firm had revenue of $787.00 million for the quarter, compared to analysts’ expectations of $775.16 million. Twitter had a return on equity of 8.37% and a net margin of 42.20%. The company’s revenue was up 18.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.16 EPS. As a group, analysts expect that Twitter will post 0.64 EPS for the current fiscal year.
In related news, insider Michael Montano sold 1,250 shares of the firm’s stock in a transaction on Friday, April 5th. The stock was sold at an average price of $34.69, for a total value of $43,362.50. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Ned D. Segal sold 6,000 shares of the firm’s stock in a transaction on Tuesday, June 11th. The stock was sold at an average price of $37.82, for a total value of $226,920.00. The disclosure for this sale can be found here. Insiders have sold a total of 94,265 shares of company stock worth $3,579,010 over the last three months. Insiders own 2.65% of the company’s stock.
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Twitter Company Profile
Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter, a platform 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.
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