DAVIDsTEA (DTEA) Earns Daily Media Impact Score of 0.09
Press coverage about DAVIDsTEA (NASDAQ:DTEA) has trended somewhat positive on Sunday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. DAVIDsTEA earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.537757421493 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
DAVIDsTEA (NASDAQ:DTEA) remained flat at $4.20 during trading on Friday. 29,149 shares of the stock traded hands. DAVIDsTEA has a one year low of $4.05 and a one year high of $12.88. The firm’s 50 day moving average is $4.60 and its 200-day moving average is $4.60.
DAVIDsTEA (NASDAQ:DTEA) last posted its earnings results on Thursday, September 7th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.02. The company had revenue of $45.70 million during the quarter, compared to analyst estimates of $44.32 million. DAVIDsTEA had a positive return on equity of 1.51% and a negative net margin of 3.98%. The company’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.09) EPS. Equities research analysts expect that DAVIDsTEA will post $0.05 earnings per share for the current year.
Separately, Zacks Investment Research upgraded shares of DAVIDsTEA from a “hold” rating to a “buy” rating and set a $6.25 target price for the company in a research report on Thursday, July 13th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $6.42.
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DAVIDsTEA Company Profile
DAVIDsTEA Inc is engaged in the retail and online sale of tea, tea accessories, and food and beverages in Canada and in the United States. The Company’s segments include Canada and the U.S. The Company is a branded retailer of specialty tea, offering approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages primarily through approximately 190 DAVIDsTEA stores, which are operated by the Company, and its Website, davidstea.com.
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