TerraForm Global (GLBL) Earns Daily News Impact Score of 0.05
News headlines about TerraForm Global (NASDAQ:GLBL) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. TerraForm Global earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 47.5778177692316 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s analysis:
- Notable News Buzz: TerraForm Global, Inc., (NASDAQ: GLBL … – Stocks In The News (press release) (tradingnewsnow.com)
- TerraForm Global, Inc. breached its 50 day moving average in a Bearish Manner : GLBL-US : November 10, 2017 (finance.yahoo.com)
- BRIEF-TerraForm Global reports 3q 2017 financial results (GLBL) (markets.businessinsider.com)
- TerraForm Global reports 3Q loss (finance.yahoo.com)
- TerraForm Global Reports 3Q 2017 Financial Results and Files Form 10-Q (finance.yahoo.com)
Shares of TerraForm Global (GLBL) traded down $0.05 on Friday, reaching $4.75. 3,835,600 shares of the company’s stock were exchanged, compared to its average volume of 852,574. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.74 and a quick ratio of 1.81. TerraForm Global has a 1 year low of $3.40 and a 1 year high of $5.10.
TerraForm Global (NASDAQ:GLBL) last announced its quarterly earnings results on Wednesday, August 9th. The energy company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01). The business had revenue of $62.50 million for the quarter, compared to the consensus estimate of $66.33 million. TerraForm Global had a negative return on equity of 7.23% and a negative net margin of 29.80%. During the same quarter in the prior year, the business earned $0.01 EPS. sell-side analysts anticipate that TerraForm Global will post -0.62 earnings per share for the current fiscal year.
A number of research firms recently weighed in on GLBL. BidaskClub downgraded TerraForm Global from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Zacks Investment Research cut shares of TerraForm Global from a “buy” rating to a “hold” rating in a research note on Thursday, September 28th. Finally, ValuEngine cut shares of TerraForm Global from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $5.13.
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About TerraForm Global
TerraForm Global, Inc is a holding company. The Company is a diversified renewable energy company that owns contracted solar and wind power plants. The Company operates through two segments: Solar Energy and Wind Energy. The segments include the Company’s entire portfolio of power plants. The Company’s portfolio consisted of solar and wind power plants located in Brazil, China, India, Malaysia, South Africa, Thailand and Uruguay with an aggregate net capacity of 916.4 megawatts (MW) as of October 31, 2016.
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