News stories about Twitter (NYSE:TWTR) have trended somewhat negative recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Twitter earned a news sentiment score of -0.04 on Accern’s scale. Accern also gave media headlines about the social networking company an impact score of 43.9499845456179 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
Get Twitter alerts: Donald Trump To Establish ��Space Force�� And Twitter Users Can��t Deal (huffingtonpost.com) Donald Trump’s Twitter feed is getting more and more bizarre (cnn.com) Twitter: Time To Exit? (seekingalpha.com) 7 Summer Quotes: Images to Post on Facebook, Instagram or Twitter (investorplace.com) [$$] The Agenda Crisis (finance.yahoo.com)TWTR has been the subject of several research reports. 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 report on Monday, March 26th. ValuEngine raised shares of Twitter from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 2nd. Argus boosted their price objective on shares of Twitter from $40.00 to $50.00 and gave the company a “buy” rating in a report on Wednesday, June 6th. JPMorgan Chase & Co. boosted their price objective on shares of Twitter from $36.00 to $39.00 and gave the company an “overweight” rating in a report on Thursday, April 26th. Finally, Wedbush reissued a “hold” rating and set a $26.00 price objective on shares of Twitter in a report on Monday, April 23rd. Five equities research analysts have rated the stock with a sell rating, twenty have issued a hold rating, eleven have issued a buy rating and three have issued a strong buy rating to the company. Twitter has an average rating of “Hold” and a consensus price target of $28.15.
Twitter opened at $46.00 on Tuesday, according to Marketbeat.com. The company has a market capitalization of $34.47 billion, a price-to-earnings ratio of 766.67, a PEG ratio of 5.73 and a beta of 0.90. Twitter has a 1-year low of $15.67 and a 1-year high of $47.79. The company has a debt-to-equity ratio of 0.33, a current ratio of 10.23 and a quick ratio of 10.23.
Twitter (NYSE:TWTR) last posted its quarterly earnings results on Wednesday, April 25th. The social networking company reported $0.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.15. The business had revenue of $665.00 million during 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 company’s revenue was up 21.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.07 earnings per share. equities research analysts anticipate that Twitter will post 0.35 earnings per share for the current fiscal year.
In related news, Director Evan Clark Williams sold 682,242 shares of the company’s stock in a transaction 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 completion of the transaction, the director now owns 2,030,075 shares in the company, valued at $62,688,716. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Matthew Derella sold 7,008 shares of the company’s stock in a transaction on Wednesday, April 4th. The stock was sold at an average price of $27.80, for a total transaction of $194,822.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,189,583 shares of company stock valued at $106,820,609. 6.62% of the stock is owned by company insiders.
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 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.
