News stories about Sequential Brands Group (NASDAQ:SQBG) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sequential Brands Group earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the textile maker an impact score of 46.490674884172 out of 100, indicating 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 news stories that may have effected Accern Sentiment Analysis’s rankings:
- Zacks Investment Research Downgrades Sequential Brands Group (SQBG) to Sell (americanbankingnews.com)
- Martha Stewart collection to expand at Michaels stores (finance.yahoo.com)
- B. Riley Reiterates “Buy” Rating for Sequential Brands Group (SQBG) (americanbankingnews.com)
- Edited Transcript of SQBG earnings conference call or presentation 28-Feb-18 1:30pm GMT (finance.yahoo.com)
- Sequential Brands Group Inc (SQBG) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
SQBG stock traded down $0.15 during midday trading on Friday, reaching $1.87. The stock had a trading volume of 264,440 shares, compared to its average volume of 180,931. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 1.70. The firm has a market cap of $127.96, a price-to-earnings ratio of 4.25, a PEG ratio of 0.24 and a beta of -0.32. Sequential Brands Group has a twelve month low of $1.36 and a twelve month high of $4.08.
A number of analysts have recently weighed in on the company. Zacks Investment Research upgraded Sequential Brands Group from a “sell” rating to a “hold” rating in a research note on Tuesday, December 26th. ValuEngine lowered Sequential Brands Group from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Finally, Canaccord Genuity set a $2.00 target price on Sequential Brands Group and gave the company a “hold” rating in a research note on Wednesday, February 28th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $7.00.
Sequential Brands Group Company Profile
Sequential Brands Group, Inc owns a portfolio of consumer brands in the fashion, home, athletic and lifestyle categories. The Company’s portfolio of consumer brands includes Martha Stewart, Emeril Lagasse, Jessica Simpson, Joe’s Jeans, William Rast, Ellen Tracy, Revo, AND1 and Avia. The Company’s brands are licensed for a range of product categories, including apparel, footwear, eyewear, fashion accessories and home goods.
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