Somewhat Positive News Coverage Somewhat Unlikely to Impact BT Group PLC (BT) Stock Price
Media stories about BT Group PLC (NYSE:BT) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BT Group PLC earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the utilities provider an impact score of 44.7707768207402 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- TOP NEWS: BT To Up Prices To Recover Investment In Faster … – Interactive Investor (iii.co.uk)
- BT Group plc American Depositar (NYSE:BT) Experiences Heavy Trading Volume – Modern Readers (modernreaders.com)
- BT Group plc American Depositar (NYSE:BT) Stock Traded 6.2% Above Its 50 Day Moving Average – Modern Readers (modernreaders.com)
- Why I’d sell BT Group plc to buy this stock – Motley Fool UK (fool.co.uk)
- BT Group plc (BT) Ex-Dividend Date Scheduled for August 09, 2017 – Nasdaq (nasdaq.com)
A number of research analysts recently issued reports on the company. Deutsche Bank AG restated a “sell” rating and set a GBX 265 ($3.45) price target on shares of BT Group PLC in a research note on Wednesday. Barclays PLC restated an “overweight” rating and set a GBX 450 ($5.86) price target on shares of BT Group PLC in a research note on Wednesday. Numis Securities Ltd restated a “buy” rating and set a GBX 390 ($5.08) price target on shares of BT Group PLC in a research note on Monday. Zacks Investment Research downgraded BT Group PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Finally, BidaskClub upgraded BT Group PLC from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $339.33.
Shares of BT Group PLC (NYSE:BT) traded down 1.44% during trading on Wednesday, reaching $19.84. The company had a trading volume of 1,088,243 shares. The stock has a market capitalization of $39.43 billion, a PE ratio of 18.72 and a beta of 1.05. BT Group PLC has a 12 month low of $18.06 and a 12 month high of $26.80. The stock’s 50-day moving average price is $19.58 and its 200-day moving average price is $20.03.
BT Group PLC (NYSE:BT) last announced its quarterly earnings data on Wednesday, May 10th. The utilities provider reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. BT Group PLC had a return on equity of 40.09% and a net margin of 7.14%. The company had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.88 billion. Equities analysts forecast that BT Group PLC will post $1.84 earnings per share for the current fiscal year.
The business also recently disclosed a semiannual dividend, which will be paid on Tuesday, September 12th. Stockholders of record on Friday, August 11th will be given a dividend of $0.6804 per share. The ex-dividend date is Wednesday, August 9th. This represents a dividend yield of 6.86%. BT Group PLC’s dividend payout ratio (DPR) is presently 86.54%.
About BT Group PLC
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