Media stories about Twitter (NYSE:TWTR) have trended somewhat negative recently, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 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 media sentiment score of -0.05 on Accern’s scale. Accern also gave news coverage about the social networking company an impact score of 44.833253614944 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Twitter, Snap Break Out While Facebook Continues Slump: LIVE MARKETS BLOG (realmoneypro.thestreet.com)
- Market Movers Today: General Mills, Inc. (GIS), Prothena Corporation PLC (PRTA), Twitter Inc (TWTR), Southwest Airlines Co (LUV), and More (feedproxy.google.com)
- Dropbox boosts IPO targets, now hopes to raise up to $720M (feeds.bizjournals.com)
- Wednesday’s Vital Data: General Electric Company (GE), Twitter Inc (TWTR) and Nvidia Corporation (NVDA) (investorplace.com)
- It’s Getting Expensive to Hedge Against More Twitter Losses (finance.yahoo.com)
TWTR has been the topic of several research reports. Summit Redstone initiated coverage on shares of Twitter in a research report on Monday, December 18th. They issued a “buy” rating and a $26.00 price target on the stock. Vetr lowered shares of Twitter from a “strong-buy” rating to a “buy” rating and set a $25.02 price target on the stock. in a research report on Friday, December 15th. BTIG Research increased their price target on shares of Twitter from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, January 12th. Zacks Investment Research upgraded shares of Twitter from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research report on Friday, January 12th. Finally, Aegis upgraded shares of Twitter from a “sell” rating to a “buy” rating and set a $30.00 price target on the stock in a research report on Tuesday, January 16th. Eight equities research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Twitter presently has a consensus rating of “Hold” and a consensus price target of $23.54.
Twitter (NYSE:TWTR) last issued its earnings results on Thursday, February 8th. The social networking company reported $0.19 EPS for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.05. Twitter had a negative net margin of 4.42% and a positive return on equity of 0.77%. The business had revenue of $731.60 million for the quarter, compared to the consensus estimate of $686.12 million. During the same quarter last year, the firm posted $0.11 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. equities analysts forecast that Twitter will post 0.17 earnings per share for the current fiscal year.
In other news, Director Evan Clark Williams sold 18,347 shares of the firm’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $22.33, for a total value of $409,688.51. Following the transaction, the director now owns 2,254,971 shares of the company’s stock, valued at approximately $50,353,502.43. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Robert Kaiden sold 4,158 shares of the firm’s stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $34.36, for a total transaction of $142,868.88. The disclosure for this sale can be found here. In the last three months, insiders sold 2,282,379 shares of company stock worth $70,559,388. Insiders own 9.18% of the company’s stock.
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Twitter, Inc offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser.
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