Summer Infant (SUMR) Receives Coverage Optimism Rating of 0.26
Media headlines about Summer Infant (NASDAQ:SUMR) have trended positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Summer Infant earned a news sentiment score of 0.26 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.9804813615039 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
A number of research analysts have commented on the company. Zacks Investment Research cut Summer Infant from a “buy” rating to a “hold” rating in a research note on Saturday, October 21st. B. Riley restated a “buy” rating on shares of Summer Infant in a research note on Thursday, November 2nd. Finally, ValuEngine upgraded Summer Infant from a “hold” rating to a “buy” rating in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. Summer Infant presently has a consensus rating of “Buy” and an average target price of $2.50.
Shares of Summer Infant (SUMR) traded up $0.02 during midday trading on Friday, hitting $1.17. The stock had a trading volume of 2,622 shares, compared to its average volume of 30,686. Summer Infant has a twelve month low of $1.12 and a twelve month high of $2.25. The stock has a market capitalization of $21.80, a price-to-earnings ratio of -4.33 and a beta of -0.34. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.92 and a current ratio of 1.95.
Summer Infant, Inc is an infant and juvenile products company. The Company is engaged in the juvenile industry, providing mothers and caregivers a range of products to care for babies and toddlers. As of December 31, 2016, it marketed over 1,100 products in several product categories, including monitoring, safety, nursery, baby gear and feeding products.
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