Press coverage about Rambus (NASDAQ:RMBS) has been trending somewhat positive on Sunday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Rambus earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 44.4631062051051 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:

A number of brokerages have weighed in on RMBS. BidaskClub cut Rambus from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. TheStreet upgraded Rambus from a “c+” rating to a “b-” rating in a research note on Friday, October 13th. Zacks Investment Research cut Rambus from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. J P Morgan Chase & Co cut Rambus from an “overweight” rating to a “neutral” rating and set a $15.00 price objective for the company. in a research note on Friday, September 22nd. Finally, Citigroup boosted their price objective on Rambus from $15.30 to $15.90 and gave the company a “buy” rating in a research note on Wednesday, October 25th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Rambus currently has a consensus rating of “Buy” and a consensus target price of $15.98.

Shares of Rambus (RMBS) opened at $14.56 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.06. Rambus has a 52 week low of $11.30 and a 52 week high of $15.50. The firm has a market capitalization of $1,611.54, a P/E ratio of 29.36, a price-to-earnings-growth ratio of 2.80 and a beta of 0.75.

Rambus (NASDAQ:RMBS) last released its quarterly earnings results on Monday, October 23rd. The semiconductor company reported $0.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.02. Rambus had a return on equity of 9.79% and a net margin of 2.54%. The business had revenue of $99.10 million during the quarter, compared to analysts’ expectations of $99.00 million. During the same quarter in the prior year, the business earned $0.16 earnings per share. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. equities research analysts expect that Rambus will post 0.52 EPS for the current year.

In other news, SVP Laura Stark sold 3,069 shares of the company’s stock in a transaction that occurred on Wednesday, October 11th. The stock was sold at an average price of $13.65, for a total transaction of $41,891.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Penny Herscher sold 6,437 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $13.44, for a total value of $86,513.28. The disclosure for this sale can be found here. Insiders have sold 36,646 shares of company stock valued at $515,244 in the last 90 days. Company insiders own 2.00% of the company’s stock.

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Rambus Company Profile

Rambus Inc (Rambus) produces hardware and software technologies. The Company’s segments include Memory and Interface Division (MID), which focuses the design, development, manufacturing through partnerships and licensing of technology and solutions that is related to memory and interfaces; Rambus Security Division (RSD), which focuses on the design, development and licensing of technologies for chip and system security, anti-counterfeiting, smart ticketing and mobile payments; Emerging Solutions Division (ESD), which encompasses its long-term research and development efforts in the area of emerging technologies, and Rambus Lighting Division (RLD), which focuses on the design, development and licensing of technologies for lighting.

Insider Buying and Selling by Quarter for Rambus (NASDAQ:RMBS)

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