Media headlines about Canon (NYSE:CAJ) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Canon earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.2651811183191 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:

Canon (CAJ) traded down 0.43% on Wednesday, hitting $34.79. 71,593 shares of the company’s stock traded hands. Canon has a one year low of $27.76 and a one year high of $35.91. The stock has a market cap of $37.56 billion, a PE ratio of 21.46 and a beta of 0.41. The stock has a 50-day moving average of $34.51 and a 200-day moving average of $32.87.

Canon (NYSE:CAJ) last issued its quarterly earnings results on Thursday, July 27th. The technology company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.01. The business had revenue of $8.86 billion during the quarter, compared to the consensus estimate of $9.40 billion. Canon had a net margin of 5.17% and a return on equity of 6.48%. On average, equities analysts forecast that Canon will post $1.65 earnings per share for the current fiscal year.

Separately, BidaskClub downgraded shares of Canon from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $36.00.

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Canon Company Profile

Canon Inc (Canon) is a manufacturer of office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras and lithography equipment. Canon sells its products principally under the Canon brand name and through sales subsidiaries. Each of these subsidiaries is responsible for marketing and distribution to retail dealers in an assigned territory.

Insider Buying and Selling by Quarter for Canon (NYSE:CAJ)

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