Stein Mart (SMRT) Receiving Somewhat Negative News Coverage, Analysis Finds
News coverage about Stein Mart (NASDAQ:SMRT) has been trending somewhat negative recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Stein Mart earned a coverage optimism score of -0.01 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.0982160468213 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- Head to Head Review: Genesco (GCO) and Stein Mart (SMRT) (americanbankingnews.com)
- Stein Mart Announces Enhanced Credit Card Rewards Program – GlobeNewswire (press release) (globenewswire.com)
- Tottenham Hotspur fans react to Isco performance v Italy (currenthollywood.com)
- Stein Mart Inc (SMRT) Ichimoku Levels Point to Negative Stock Momentum – Evergreen Caller (evergreencaller.com)
Stein Mart (SMRT) traded down 0.83% during trading on Thursday, hitting $1.19. 358,406 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $1.29 and a 200 day moving average price of $1.99. Stein Mart has a 52-week low of $1.00 and a 52-week high of $7.97. The company’s market cap is $57.01 million.
Stein Mart (NASDAQ:SMRT) last released its earnings results on Wednesday, August 16th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.20) by $0.08. The firm had revenue of $311.03 million during the quarter, compared to the consensus estimate of $303.97 million. Stein Mart had a negative return on equity of 34.59% and a negative net margin of 1.89%. Stein Mart’s revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.06 EPS. On average, equities research analysts predict that Stein Mart will post ($0.22) earnings per share for the current year.
Separately, TheStreet downgraded shares of Stein Mart from a “c” rating to a “d+” rating in a research note on Wednesday, May 17th. One investment analyst has rated the stock with a sell rating and three have issued a hold rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $7.50.
COPYRIGHT VIOLATION NOTICE: “Stein Mart (SMRT) Receiving Somewhat Negative News Coverage, Analysis Finds” was originally posted by Watch List News and is the property of of Watch List News. If you are reading this report on another domain, it was copied illegally and republished in violation of US and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.watchlistnews.com/stein-mart-smrt-receiving-somewhat-negative-news-coverage-analysis-finds/1547087.html.
About Stein Mart
Stein Mart, Inc is a national retailer offering the fashion merchandise, service and presentation of a department or specialty store. The Company offers apparel for women and men, as well as accessories, shoes and home fashions. The Company’s target customers are women over 45 years old. The Company operates approximately 280 stores in over 30 states and an Internet store.
Receive News & Ratings for Stein Mart Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stein Mart Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.