Media headlines about Blue Buffalo Pet Products (NASDAQ:BUFF) have trended positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Blue Buffalo Pet Products earned a news sentiment score of 0.27 on Accern’s scale. Accern also gave media headlines about the company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Blue Buffalo Pet Products : meets 2Q profit forecasts (4-traders.com)
- Blue Buffalo meets 2Q profit forecasts (finance.yahoo.com)
- Blue Buffalo Pet Products, Inc. (BUFF) Updates FY17 Earnings Guidance (americanbankingnews.com)
- Blue Buffalo reports Q2 earnings per share $0.21 (timesofindia.indiatimes.com)
- Blue Buffalo Pet Products Inc : Investor Network: Blue Buffalo Pet Products Inc to Host Earnings Call (4-traders.com)
Shares of Blue Buffalo Pet Products (NASDAQ:BUFF) opened at 21.71 on Wednesday. The firm’s 50-day moving average price is $22.72 and its 200 day moving average price is $23.80. The stock has a market capitalization of $4.27 billion, a P/E ratio of 31.93 and a beta of 1.95. Blue Buffalo Pet Products has a 12-month low of $21.55 and a 12-month high of $27.50.
Blue Buffalo Pet Products (NASDAQ:BUFF) last posted its quarterly earnings data on Tuesday, May 9th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.01. Blue Buffalo Pet Products had a return on equity of 122.62% and a net margin of 11.69%. The business had revenue of $302 million during the quarter, compared to analysts’ expectations of $300.27 million. During the same quarter in the previous year, the firm earned $0.19 EPS. The firm’s revenue was up 7.9% compared to the same quarter last year. Analysts predict that Blue Buffalo Pet Products will post $0.92 EPS for the current fiscal year.
A number of equities analysts have recently commented on BUFF shares. Citigroup Inc. upgraded Blue Buffalo Pet Products from a “buy” rating to a “top pick” rating in a report on Tuesday, April 18th. Susquehanna Bancshares Inc reiterated a “positive” rating on shares of Blue Buffalo Pet Products in a report on Thursday, April 20th. Zacks Investment Research downgraded Blue Buffalo Pet Products from a “buy” rating to a “hold” rating in a report on Thursday, May 11th. Off Wall Street initiated coverage on Blue Buffalo Pet Products in a report on Wednesday, June 21st. They set a “sell” rating on the stock. Finally, Imperial Capital initiated coverage on Blue Buffalo Pet Products in a report on Wednesday, June 28th. They set an “outperform” rating and a $30.00 target price on the stock. Three research analysts have rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $27.91.
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Blue Buffalo Pet Products Company Profile
Blue Buffalo Pet Products, Inc (BBPP) is a holding company. The Company operates as a pet food company. The Company, through its subsidiaries, develops, produces, markets and sells pet food under product lines, including BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics, BLUE Freedom and BLUE Natural Veterinary Diet lines.
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