Acceleron Pharma (XLRN) Getting Somewhat Positive Media Coverage, Analysis Finds

Media coverage about Acceleron Pharma (NASDAQ:XLRN) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Acceleron Pharma earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media coverage about the biopharmaceutical company an impact score of 44.9674685814396 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Acceleron Pharma (NASDAQ XLRN) opened at $45.12 on Tuesday. Acceleron Pharma has a 1 year low of $23.07 and a 1 year high of $45.52. The firm has a market cap of $2,041.00, a price-to-earnings ratio of -17.42 and a beta of 1.59.

Acceleron Pharma (NASDAQ:XLRN) last announced its earnings results on Tuesday, November 7th. The biopharmaceutical company reported ($0.65) EPS for the quarter, beating analysts’ consensus estimates of ($0.67) by $0.02. Acceleron Pharma had a negative net margin of 759.34% and a negative return on equity of 40.70%. The business had revenue of $3.00 million during the quarter, compared to analysts’ expectations of $3.52 million. During the same period in the prior year, the company earned ($0.55) earnings per share. The business’s revenue was up .0% compared to the same quarter last year. analysts anticipate that Acceleron Pharma will post -2.65 EPS for the current fiscal year.

A number of equities analysts recently commented on the stock. BidaskClub upgraded shares of Acceleron Pharma from a “hold” rating to a “buy” rating in a research note on Wednesday, December 27th. Cann reiterated a “hold” rating on shares of Acceleron Pharma in a research note on Monday, January 8th. Oppenheimer reiterated a “hold” rating on shares of Acceleron Pharma in a research note on Monday, January 8th. Royal Bank of Canada reiterated a “hold” rating on shares of Acceleron Pharma in a research note on Thursday, November 2nd. Finally, Barclays boosted their target price on shares of Acceleron Pharma from $42.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 20th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $44.56.

In related news, CFO Kevin F. Mclaughlin sold 4,000 shares of the stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $42.42, for a total transaction of $169,680.00. Following the completion of the transaction, the chief financial officer now directly owns 45,300 shares of the company’s stock, valued at $1,921,626. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jean George sold 105,122 shares of the stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $35.73, for a total transaction of $3,756,009.06. Following the transaction, the director now directly owns 1,250 shares of the company’s stock, valued at $44,662.50. The disclosure for this sale can be found here. Insiders sold 135,021 shares of company stock valued at $5,034,598 over the last ninety days. Corporate insiders own 3.90% of the company’s stock.

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Acceleron Pharma Company Profile

Acceleron Pharma Inc is a clinical-stage biopharmaceutical company. The Company is focused on the discovery, development and commercialization of therapeutics to treat serious and rare diseases. Its research focuses on key natural regulators of cellular growth and repair, particularly the Transforming Growth Factor-Beta (TGF-beta), protein superfamily.

Insider Buying and Selling by Quarter for Acceleron Pharma (NASDAQ:XLRN)

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