PHH (PHH) Earns Media Impact Score of 0.28
Press coverage about PHH (NYSE:PHH) has trended positive on Thursday, AlphaOne reports. The research group, a division of Accern, scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. PHH earned a daily sentiment score of 0.28 on AlphaOne’s scale. AlphaOne also gave media headlines about the credit services provider an impact score of 100 out of 100, indicating that recent press coverage is extremely likely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted AlphaOne Sentiment’s scoring:
- SEI Investments : tops 1Q profit forecasts (4-traders.com)
- Fannie And Freddie: An Unconstitutionally Structured FHFA And Voiding Net Worth Sweep (seekingalpha.com)
- DOJ Asks to Present Oral Arguments in CFPB-PHH Hearing (paybefore.com)
- Quick Takes: Pence Dismisses “Strategic Patience” on North Korea (washingtonmonthly.com)
- Somewhat Positive Media Coverage Very Likely to Affect PHH (PHH) Share Price (americanbankingnews.com)
PHH (NYSE:PHH) traded up 1.01% during mid-day trading on Thursday, reaching $12.99. The company had a trading volume of 394,872 shares. The stock’s market capitalization is $696.25 million. PHH has a 52 week low of $11.10 and a 52 week high of $16.80. The stock has a 50 day moving average of $12.66 and a 200 day moving average of $14.07.
PHH (NYSE:PHH) last posted its quarterly earnings data on Wednesday, February 15th. The credit services provider reported ($1.86) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.54) by $1.32. The firm earned $72 million during the quarter, compared to analysts’ expectations of $185 million. PHH had a negative net margin of 18.28% and a negative return on equity of 5.38%. Analysts anticipate that PHH will post ($2.92) earnings per share for the current year.
Several analysts have recently issued reports on PHH shares. Oppenheimer Holdings Inc. set a $18.00 price objective on PHH and gave the stock a “buy” rating in a report on Wednesday, January 4th. Zacks Investment Research upgraded PHH from a “sell” rating to a “hold” rating in a report on Tuesday, April 11th. Finally, Wedbush upgraded PHH from a “neutral” rating to an “outperform” rating and decreased their price target for the company from $17.00 to $15.50 in a report on Friday, March 3rd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. PHH has a consensus rating of “Hold” and a consensus target price of $16.83.
COPYRIGHT VIOLATION WARNING: “PHH (PHH) Earns Media Impact Score of 0.28” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at http://www.watchlistnews.com/phh-phh-earns-media-impact-score-of-0-28/1205965.html.
PHH Corporation is a standalone mortgage company. The Company provides outsourced mortgage banking services to a range of clients, including financial institutions and real estate brokers throughout the United States, and is focused on originating, selling, servicing and subservicing residential mortgage loans through its subsidiary, PHH Mortgage Corporation and its subsidiaries.
Receive News & Ratings for PHH Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PHH Co. and related companies with Analyst Ratings Network's FREE daily email newsletter.