Monsanto (MON) Earns News Impact Score of 0.18
News coverage about Monsanto (NYSE:MON) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of 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 positive one, with scores closest to one being the most favorable. Monsanto earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 46.0034821155405 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- Zacks Investment Research Upgrades Monsanto Company (MON) to Buy (americanbankingnews.com)
- American Vanguard Corporation (AVD) vs. Monsanto (MON) Critical Contrast (americanbankingnews.com)
- Monsanto Sees Unusually Large Options Volume (MON) (americanbankingnews.com)
- Monsanto gains a CRISPR platform (cen.acs.org)
- Investors Swarm in on Raytheon Company (NYSE:RTN) and Monsanto Company (NYSE:MON) Shares – FLBC News (flbcnews.com)
Several brokerages have issued reports on MON. UBS AG cut shares of Monsanto from a “positive” rating to a “neutral” rating in a research report on Tuesday, June 27th. Zacks Investment Research upgraded shares of Monsanto from a “hold” rating to a “buy” rating and set a $131.00 price target for the company in a research report on Tuesday. Piper Jaffray Companies set a $128.00 price target on shares of Monsanto and gave the company a “buy” rating in a research report on Friday, August 11th. Royal Bank Of Canada restated a “hold” rating and issued a $128.00 price target on shares of Monsanto in a research report on Wednesday, August 2nd. Finally, Jefferies Group LLC cut shares of Monsanto from a “buy” rating to a “hold” rating and set a $128.00 price target for the company. in a research report on Wednesday, July 12th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $123.43.
Monsanto (NYSE:MON) opened at 116.59 on Wednesday. The company’s 50-day moving average is $117.23 and its 200 day moving average is $115.65. Monsanto has a 52 week low of $97.35 and a 52 week high of $118.97. The company has a market capitalization of $51.22 billion, a price-to-earnings ratio of 25.18 and a beta of 1.07.
Monsanto (NYSE:MON) last announced its quarterly earnings results on Wednesday, June 28th. The basic materials company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.74 by $0.19. The firm had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.18 billion. Monsanto had a return on equity of 45.26% and a net margin of 14.11%. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.17 earnings per share. On average, analysts forecast that Monsanto will post $4.89 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Stockholders of record on Friday, October 6th will be paid a dividend of $0.54 per share. The ex-dividend date is Thursday, October 5th. This represents a $2.16 annualized dividend and a dividend yield of 1.85%. Monsanto’s dividend payout ratio is currently 46.75%.
In other Monsanto news, SVP Janet M. Holloway sold 3,337 shares of Monsanto stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $118.00, for a total value of $393,766.00. Following the transaction, the senior vice president now owns 44,405 shares in the company, valued at $5,239,790. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Janet M. Holloway sold 7,423 shares of Monsanto stock in a transaction dated Tuesday, June 13th. The shares were sold at an average price of $118.00, for a total value of $875,914.00. Following the completion of the transaction, the senior vice president now owns 33,645 shares in the company, valued at approximately $3,970,110. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 74,470 shares of company stock worth $8,791,281. Insiders own 0.79% of the company’s stock.
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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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