Somewhat Positive Press Coverage Somewhat Unlikely to Impact Adecoagro (AGRO) Share Price
News stories about Adecoagro (NYSE:AGRO) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Adecoagro earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.9326456860802 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Adecoagro : reported 2Q17 Adjusted EBITDA of $67.2 million, 31.3% higher year-over-year (4-traders.com)
- BRIEF-Adecoagro SA qtrly net income of $3.8 million, $21.6 million higher than Q2 2016 (uk.reuters.com)
- Adecoagro S.A. 2017 Q2 – Results – Earnings Call Slides (seekingalpha.com)
- Edited Transcript of AGRO earnings conference call or presentation 16-Aug-17 3:00pm GMT (finance.yahoo.com)
- Adecoagro reported 2Q17 Adjusted EBITDA of $67.2 million, 31.3% higher year-over-year (finance.yahoo.com)
Several research analysts have weighed in on AGRO shares. ValuEngine downgraded shares of Adecoagro from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Zacks Investment Research downgraded shares of Adecoagro from a “buy” rating to a “hold” rating in a report on Tuesday, June 13th. Finally, BidaskClub downgraded shares of Adecoagro from a “hold” rating to a “sell” rating in a report on Saturday, June 17th.
Adecoagro (AGRO) traded down 0.70% on Friday, reaching $9.99. 335,723 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $10.03 and its 200 day moving average price is $11.05. Adecoagro has a 12 month low of $9.38 and a 12 month high of $13.29. The company has a market cap of $1.21 billion, a PE ratio of 45.41 and a beta of 1.09.
Adecoagro (NYSE:AGRO) last announced its earnings results on Monday, May 15th. The company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.21 by $0.17. Adecoagro had a net margin of 2.80% and a return on equity of 4.04%. The business had revenue of $166.09 million for the quarter. On average, equities analysts expect that Adecoagro will post $0.73 EPS for the current fiscal year.
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Adecoagro SA is a holding company. The Company is involved in a range of businesses, including farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production and land transformation. The Company is organized into three main lines of business: farming; land transformation, and sugar, ethanol and energy.
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