Positive Media Coverage Somewhat Unlikely to Impact TIM Participacoes (TSU) Stock Price

News stories about TIM Participacoes (NYSE:TSU) have trended positive on Tuesday, according to Accern. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TIM Participacoes earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned news articles about the Wireless communications provider an impact score of 45.0607962724481 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of equities analysts have recently weighed in on TSU shares. Royal Bank of Canada set a $17.00 price objective on shares of TIM Participacoes and gave the company a “hold” rating in a research report on Thursday, November 30th. UBS Group upgraded shares of TIM Participacoes from a “market perform” rating to an “outperform” rating in a report on Friday, November 24th. Zacks Investment Research downgraded shares of TIM Participacoes from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th. Barclays boosted their target price on shares of TIM Participacoes from $20.00 to $21.00 and gave the company an “overweight” rating in a report on Thursday, November 9th. Finally, Santander upgraded shares of TIM Participacoes from a “hold” rating to a “buy” rating in a report on Thursday, December 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. TIM Participacoes currently has a consensus rating of “Buy” and an average target price of $20.00.

TIM Participacoes (TSU) traded down $0.36 during trading on Tuesday, reaching $19.60. 1,087,928 shares of the company were exchanged, compared to its average volume of 902,050. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.34. TIM Participacoes has a 52-week low of $13.05 and a 52-week high of $20.48. The stock has a market capitalization of $9,664.75, a P/E ratio of 31.11, a price-to-earnings-growth ratio of 0.95 and a beta of 1.49.

TIM Participacoes (NYSE:TSU) last released its quarterly earnings data on Tuesday, November 7th. The Wireless communications provider reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. TIM Participacoes had a net margin of 5.57% and a return on equity of 5.71%. analysts anticipate that TIM Participacoes will post 0.68 EPS for the current fiscal year.

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TIM Participacoes Company Profile

TIM Participacoes SA (TIM) is a provider of mobile telecommunication services in Brazil. The Company, through its subsidiaries in various telecommunications markets, operates mobile, fixed and long distance telephony, data transmission and ultra-broadband services. Its direct subsidiaries include TIM Celular SA, which provides landline telephone services (commuted fixed telephonic service (STFC))-domestic long distance and international long distance voice services, personal mobile service (SMP) and multimedia communication service (multimedia service of communication (SCM)) in all Brazilian states and in the Federal District, and Intelig Telecomunicacoes Ltda., which provides STFC-local voices services and SCM services in all Brazilian states and in the Federal District.

Insider Buying and Selling by Quarter for TIM Participacoes (NYSE:TSU)

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