News articles about Twitter (NYSE:TWTR) have been trending neutral this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Twitter earned a media sentiment score of 0.27 on their scale. InfoTrie also assigned headlines about the social networking company an news buzz score of 0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have effected Twitter’s ranking:
NYSE:TWTR traded up $0.49 during mid-day trading on Friday, reaching $40.58. The stock had a trading volume of 7,197,400 shares, compared to its average volume of 17,738,540. The company has a debt-to-equity ratio of 0.29, a quick ratio of 4.33 and a current ratio of 4.33. The firm has a market capitalization of $30.99 billion, a price-to-earnings ratio of 73.78, a PEG ratio of 0.83 and a beta of 0.62. Twitter has a twelve month low of $26.19 and a twelve month high of $43.48. The business has a 50 day simple moving average of $38.95 and a 200 day simple moving average of $35.72.
Twitter (NYSE:TWTR) last announced its quarterly earnings data on Friday, July 26th. The social networking company reported $0.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.03. The firm had revenue of $841.40 million during the quarter, compared to the consensus estimate of $828.07 million. Twitter had a net margin of 71.46% and a return on equity of 7.93%. The firm’s revenue was up 18.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.17 earnings per share. As a group, sell-side analysts expect that Twitter will post 2.06 earnings per share for the current year.
TWTR has been the topic of several recent analyst reports. SunTrust Banks increased their target price on Twitter to $41.00 and gave the company a “hold” rating in a report on Monday, July 29th. They noted that the move was a valuation call. China Renaissance Securities initiated coverage on Twitter in a report on Wednesday, May 29th. They issued a “sell” rating and a $28.00 target price on the stock. JPMorgan Chase & Co. increased their target price on Twitter from $40.00 to $46.00 and gave the company an “overweight” rating in a report on Wednesday, April 24th. Barclays set a $34.00 price objective on Twitter and gave the stock a “sell” rating in a report on Friday, July 26th. Finally, CIBC reaffirmed an “outperform” rating and set a $44.00 price objective (up previously from $33.00) on shares of Twitter in a report on Wednesday, April 24th. Four equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and fifteen have assigned a buy rating to the stock. Twitter presently has an average rating of “Hold” and a consensus price target of $40.91.
In other news, insider Michael Montano sold 1,250 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $37.17, for a total value of $46,462.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Robert Kaiden sold 9,441 shares of the stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $43.04, for a total transaction of $406,340.64. The disclosure for this sale can be found here. In the last 90 days, insiders sold 147,282 shares of company stock valued at $5,744,367. 2.65% of the stock is 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, 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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