Somewhat Positive Press Coverage Somewhat Unlikely to Affect DAVIDsTEA (DTEA) Stock Price
Headlines about DAVIDsTEA (NASDAQ:DTEA) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. DAVIDsTEA earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.6594730021087 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Financial Analysis: DAVIDsTEA (DTEA) vs. Weis Markets (WMK) (americanbankingnews.com)
- BRIEF-DAVIDsTEA Says Board Has Decided To Explore Strategic Alternatives (businessinsider.com)
- Edited Transcript of DTEA earnings conference call or presentation 7-Dec-17 9:30pm GMT (finance.yahoo.com)
- DAVIDsTEA Inc. Announces Third Quarter Fiscal 2017 Financial Results (finance.yahoo.com)
Separately, Zacks Investment Research upgraded shares of DAVIDsTEA from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th.
DAVIDsTEA (NASDAQ:DTEA) opened at $4.05 on Monday. DAVIDsTEA has a twelve month low of $3.75 and a twelve month high of $7.95.
DAVIDsTEA (NASDAQ:DTEA) last posted its quarterly earnings data on Thursday, September 7th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.02. The company had revenue of $45.70 million for the quarter, compared to the consensus estimate of $44.32 million. During the same quarter in the previous year, the firm posted ($0.09) EPS. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. sell-side analysts predict that DAVIDsTEA will post 0.05 earnings per share for the current year.
DAVIDsTEA Inc is engaged in the retail and online sale of tea, tea accessories, and food and beverages in Canada and in the United States. The Company’s segments include Canada and the U.S. The Company is a branded retailer of specialty tea, offering approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages primarily through approximately 190 DAVIDsTEA stores, which are operated by the Company, and its Website, davidstea.com.
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