Somewhat Positive News Coverage Somewhat Unlikely to Impact Vertex Energy (VTNR) Share Price
Media headlines about Vertex Energy (NASDAQ:VTNR) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Vertex Energy earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 44.8915976745417 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
VTNR has been the subject of several analyst reports. Zacks Investment Research raised shares of Vertex Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. ValuEngine cut shares of Vertex Energy from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. Finally, Roth Capital set a $1.00 price target on shares of Vertex Energy and gave the stock a “hold” rating in a research note on Wednesday, August 23rd.
Shares of Vertex Energy (VTNR) opened at 0.76 on Monday. The firm’s market cap is $24.82 million. The company’s 50-day moving average is $0.89 and its 200-day moving average is $1.01. Vertex Energy has a 12 month low of $0.65 and a 12 month high of $1.80.
Vertex Energy (NASDAQ:VTNR) last released its earnings results on Tuesday, August 8th. The industrial products company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.04). Vertex Energy had a negative return on equity of 23.10% and a negative net margin of 6.49%. The firm had revenue of $36.91 million during the quarter, compared to analysts’ expectations of $32.00 million. On average, equities research analysts forecast that Vertex Energy will post ($0.33) earnings per share for the current fiscal year.
Vertex Energy Company Profile
Vertex Energy, Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. The Company focuses on recycling used motor oil and other petroleum by-products. The Company’s segments include the Black Oil, Refining and Marketing, and Recovery divisions.
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