Time Warner (NYSE:TWX) Earns News Sentiment Score of 0.12
Press coverage about Time Warner (NYSE:TWX) has trended somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Time Warner earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the media conglomerate an impact score of 46.1044300497517 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- LLC Has $155000 Stake in Time Warner Inc. (NYSE:TWX) (ismboard.com)
- FDO Partners LLC Takes Position in Time Warner Inc. (NYSE:TWX) (wisdomsave.com)
- CNN for Sale Is Fake News, Incoming Time Warner Exec Says (finance.yahoo.com)
- Box Office: Today’s The Day ‘Wonder Woman’ Tops $400 Million (finance.yahoo.com)
- If You Loved The ‘Game of Thrones’ Loot Train Battle, You Have To See How It Was Filmed (finance.yahoo.com)
TWX has been the topic of a number of analyst reports. Jefferies Group LLC reaffirmed a “buy” rating and issued a $105.00 price objective on shares of Time Warner in a report on Monday, May 22nd. BidaskClub raised shares of Time Warner from a “hold” rating to a “buy” rating in a report on Tuesday, June 20th. Zacks Investment Research raised shares of Time Warner from a “hold” rating to a “buy” rating and set a $113.00 price objective on the stock in a report on Thursday, July 13th. Barclays PLC cut shares of Time Warner from an “overweight” rating to an “equal weight” rating and increased their price objective for the stock from $95.00 to $107.00 in a report on Friday, August 4th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $108.00 price objective on shares of Time Warner in a report on Friday, July 14th. One analyst has rated the stock with a sell rating, twenty-five have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $102.25.
Shares of Time Warner (NYSE TWX) traded up 0.11% on Wednesday, hitting $102.28. 3,185,031 shares of the company’s stock traded hands. The company has a market cap of $79.47 billion, a price-to-earnings ratio of 18.96 and a beta of 1.05. The firm’s 50-day moving average price is $100.48 and its 200 day moving average price is $98.63. Time Warner has a 1-year low of $74.27 and a 1-year high of $103.34.
Time Warner (NYSE:TWX) last announced its quarterly earnings results on Wednesday, August 2nd. The media conglomerate reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.14. The company had revenue of $7.33 billion during the quarter, compared to analysts’ expectations of $7.29 billion. Time Warner had a return on equity of 19.14% and a net margin of 14.10%. Time Warner’s revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.29 EPS. On average, equities research analysts expect that Time Warner will post $6.09 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, August 1st. Stockholders of record on Monday, July 10th were paid a $0.4025 dividend. The ex-dividend date of this dividend was Thursday, July 6th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 1.57%. Time Warner’s dividend payout ratio (DPR) is presently 29.98%.
In related news, CFO Howard M. Averill purchased 255 shares of the stock in a transaction dated Thursday, June 15th. The stock was bought at an average cost of $99.67 per share, with a total value of $25,415.85. Following the purchase, the chief financial officer now directly owns 63,399 shares in the company, valued at approximately $6,318,978.33. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.16% of the company’s stock.
About Time Warner
Time Warner Inc is a media and entertainment company. The Company operates through three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of premium pay television and over the top (OTT) services and premium pay, basic tier television and OTT services internationally, and Warner Bros., which consists of television, feature film, home video, and videogame production and distribution.
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