Press coverage about ZAGG (NASDAQ:ZAGG) has trended positive this week, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 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. ZAGG earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave press coverage about the specialty retailer an impact score of 47.0622726193491 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

A number of brokerages have recently issued reports on ZAGG. TheStreet upgraded ZAGG from a “c” rating to a “b-” rating in a report on Wednesday. B. Riley upgraded ZAGG from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $17.00 to $20.00 in a report on Thursday. Zacks Investment Research upgraded ZAGG from a “hold” rating to a “strong-buy” rating and set a $20.00 price objective for the company in a report on Thursday, October 26th. Craig Hallum restated a “buy” rating and set a $23.00 price objective (up previously from $16.00) on shares of ZAGG in a report on Thursday, October 19th. Finally, Roth Capital set a $17.00 price objective on ZAGG and gave the stock a “hold” rating in a report on Tuesday, October 17th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $17.67.

ZAGG (NASDAQ ZAGG) traded down $0.45 during midday trading on Friday, hitting $18.40. 1,541,090 shares of the stock were exchanged, compared to its average volume of 988,895. The company has a current ratio of 1.01, a quick ratio of 0.59 and a debt-to-equity ratio of 0.09. ZAGG has a 52 week low of $5.65 and a 52 week high of $19.38. The firm has a market capitalization of $514.74, a P/E ratio of 70.77, a price-to-earnings-growth ratio of 4.16 and a beta of 0.82.

ZAGG (NASDAQ:ZAGG) last released its quarterly earnings results on Wednesday, November 1st. The specialty retailer reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. ZAGG had a net margin of 0.63% and a return on equity of 6.76%. The company had revenue of $134.40 million during the quarter, compared to the consensus estimate of $128.23 million. During the same period in the previous year, the business earned $0.29 earnings per share. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. research analysts predict that ZAGG will post 0.96 earnings per share for the current year.

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ZAGG Company Profile

ZAGG Inc (ZAGG) designs, produces and distributes professional product solutions for mobile devices, including screen protection (glass and film), keyboards for tablet computers and mobile devices, keyboard cases, earbuds, mobile power solutions, cables, and cases under the ZAGG and InvisibleShield brands.

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