News coverage about TheStreet (NASDAQ:TST) has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. TheStreet earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the information services provider an impact score of 44.0136716629976 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Several equities research analysts recently commented on the stock. Zacks Investment Research downgraded shares of TheStreet from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. B. Riley set a $2.00 price target on shares of TheStreet and gave the company a “buy” rating in a research report on Monday, November 13th. ValuEngine upgraded shares of TheStreet from a “sell” rating to a “hold” rating in a research report on Tuesday, November 14th. Lake Street Capital upped their price target on shares of TheStreet from $2.00 to $3.00 and gave the company a “buy” rating in a research report on Tuesday, November 14th. Finally, Northland Securities began coverage on shares of TheStreet in a research report on Wednesday, December 13th. They issued an “outperform” rating and a $3.00 target price for the company. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. TheStreet currently has an average rating of “Buy” and a consensus target price of $2.31.

TheStreet (TST) traded up $0.04 during mid-day trading on Tuesday, reaching $1.50. 158,600 shares of the company’s stock were exchanged, compared to its average volume of 145,180. TheStreet has a 12 month low of $0.61 and a 12 month high of $1.64. The stock has a market cap of $71.07, a P/E ratio of -4.41 and a beta of 0.94.

TheStreet (NASDAQ:TST) last released its earnings results on Monday, November 13th. The information services provider reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.03. TheStreet had a negative net margin of 19.60% and a positive return on equity of 1.04%. The company had revenue of $15.25 million during the quarter, compared to the consensus estimate of $15.73 million. During the same quarter in the prior year, the firm earned ($0.03) EPS. research analysts predict that TheStreet will post -0.01 earnings per share for the current fiscal year.

TheStreet announced that its board has initiated a share repurchase program on Monday, November 13th that authorizes the company to repurchase 5,000,000 shares. This repurchase authorization authorizes the information services provider to buy shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

In other TheStreet news, Director Kevin Rendino purchased 50,000 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were bought at an average price of $1.38 per share, for a total transaction of $69,000.00. Following the purchase, the director now directly owns 64,745 shares in the company, valued at approximately $89,348.10. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stephen Zacharias purchased 20,000 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were acquired at an average price of $1.40 per share, for a total transaction of $28,000.00. Following the purchase, the director now owns 203,977 shares in the company, valued at $285,567.80. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 163,150 shares of company stock valued at $221,738. Insiders own 9.70% of the company’s stock.

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TheStreet Company Profile

TheStreet, Inc (TheStreet) is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels.

Insider Buying and Selling by Quarter for TheStreet (NASDAQ:TST)

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