Monsanto (MON) Earns Media Sentiment Score of 0.12
Media coverage about Monsanto (NYSE:MON) has been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Monsanto earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the basic materials company an impact score of 46.098621077842 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s rankings:
- Another Monsanto BOMBSHELL: Company caught ghostwriting its own “independent safety reviews” (environmentguru.com)
- Farmers Take to Social Media, Post Pictures of Fields Decimated By Hastily Approved Monsanto Chemical (march-against-monsanto.com)
- NEW DOCS Prove Monsanto Corruption & Cancer Risks – Redacted Tonight (trofire.com)
- Mike Papantonio: Monsanto Is Wrecking Havoc Again (environmentguru.com)
- Second Harvest Food Bank of Southern Wisconsin: Receives $10,000 Monsanto Fund grant for Columbia County Mobile Pantry Program (wisbusiness.com)
Several research analysts have commented on the company. BidaskClub raised Monsanto from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Barclays PLC lifted their target price on Monsanto from $115.00 to $120.00 and gave the stock an “equal weight” rating in a report on Thursday, June 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $128.00 target price (up from $120.00) on shares of Monsanto in a report on Thursday, June 29th. Zacks Investment Research downgraded Monsanto from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Finally, Citigroup Inc. reaffirmed a “neutral” rating and set a $126.00 target price (up from $125.00) on shares of Monsanto in a report on Monday, July 10th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $123.15.
Shares of Monsanto (NYSE MON) traded up 0.51% during mid-day trading on Monday, reaching $117.14. The company had a trading volume of 1,080,894 shares. The firm has a 50-day moving average of $117.47 and a 200-day moving average of $115.21. Monsanto has a 12-month low of $97.35 and a 12-month high of $118.97. The company has a market capitalization of $51.46 billion, a P/E ratio of 25.30 and a beta of 1.07.
Monsanto (NYSE:MON) last posted its earnings results on Wednesday, June 28th. The basic materials company reported $1.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.74 by $0.19. Monsanto had a net margin of 14.11% and a return on equity of 45.26%. The company had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.18 billion. During the same period in the prior year, the business posted $2.17 earnings per share. Monsanto’s revenue for the quarter was up 1.0% on a year-over-year basis. On average, equities analysts anticipate that Monsanto will post $4.89 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 27th. Shareholders of record on Friday, October 6th will be issued a $0.54 dividend. The ex-dividend date is Thursday, October 5th. This represents a $2.16 annualized dividend and a yield of 1.84%. Monsanto’s dividend payout ratio (DPR) is presently 46.75%.
In other Monsanto news, SVP Janet M. Holloway sold 3,337 shares of the firm’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $118.00, for a total value of $393,766.00. Following the completion of the sale, the senior vice president now directly owns 44,405 shares in the company, valued at $5,239,790. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Robert T. Fraley sold 52,410 shares of the firm’s stock in a transaction dated Monday, July 10th. The stock was sold at an average price of $117.95, for a total transaction of $6,181,759.50. The disclosure for this sale can be found here. Insiders sold 74,470 shares of company stock valued at $8,791,281 over the last 90 days. 0.79% of the stock is currently owned by company insiders.
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Monsanto Company (Monsanto), along with its subsidiaries, is a provider of agricultural products for farmers. The Company provides seeds, biotechnology trait products, herbicides and digital agriculture tools to farmers. The Company operates through two segments: Seeds and Genomics, and Agricultural Productivity.
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