News headlines about Roku (NASDAQ:ROKU) have been trending positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Roku earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.6191551170854 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the headlines that may have effected Accern’s analysis:

A number of equities analysts recently issued reports on ROKU shares. Morgan Stanley started coverage on Roku in a research note on Monday, October 23rd. They issued an “equal weight” rating and a $22.00 target price for the company. Royal Bank of Canada started coverage on Roku in a research note on Monday, October 23rd. They issued a “sector perform” rating and a $26.00 target price for the company. Needham & Company LLC started coverage on Roku in a research note on Monday, October 23rd. They issued a “buy” rating and a $28.00 target price for the company. Citigroup initiated coverage on Roku in a research note on Monday, October 23rd. They issued a “neutral” rating and a $24.00 target price for the company. Finally, Oppenheimer initiated coverage on Roku in a research report on Monday, October 23rd. They set a “market perform” rating and a $26.00 price target on the stock. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. Roku presently has a consensus rating of “Hold” and an average target price of $34.32.

Roku (NASDAQ:ROKU) traded up $6.16 during trading hours on Friday, hitting $52.31. The stock had a trading volume of 16,279,858 shares, compared to its average volume of 10,649,705. Roku has a 52-week low of $15.75 and a 52-week high of $53.17. The company has a debt-to-equity ratio of -0.09, a quick ratio of 1.11 and a current ratio of 1.36.

Roku (NASDAQ:ROKU) last posted its earnings results on Wednesday, November 8th. The company reported ($0.10) EPS for the quarter, beating the Zacks’ consensus estimate of ($1.68) by $1.58. The business had revenue of $124.80 million for the quarter, compared to analyst estimates of $110.47 million. The business’s revenue was up 40.1% on a year-over-year basis. analysts expect that Roku will post -2.32 EPS for the current fiscal year.

In other news, major shareholder Mv Management X, L.L.C. sold 6,900,000 shares of the firm’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $14.00, for a total transaction of $96,600,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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About Roku

Roku, Inc operates television streaming platform. The Company connects users to streaming content, enables content publishers to build and monetize audiences and provides advertisers with capabilities to engage consumers. Its Roku platform allows users to personalize their content selection with cable television replacement offerings and other streaming services that suit their budget and needs.

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