tronc (TRNC) Given Media Sentiment Score of 0.03
Press coverage about tronc (NASDAQ:TRNC) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. tronc earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.3907920123643 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.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Edited Transcript of TRNC earnings conference call or presentation 9-Aug-18 9:00pm GMT (finance.yahoo.com)
- LA Times owner and biotech billionaire Patrick Soon-Shiong is in talks to join the group bidding for the newspaper company Tronc (businessinsider.com)
- LA Times owner and biotech billionaire Patrick Soon-Shiong is in talks to join the group bidding for newspaper company Tronc (msn.com)
- Analyst Target Price & Stock Review on Watts Water Technologies, Inc. (NYSE:WTS) and tronc, Inc. (NASDAQ:TRNC) (baycityobserver.com)
Several equities research analysts have recently issued reports on the company. Zacks Investment Research upgraded tronc from a “sell” rating to a “hold” rating in a report on Thursday, July 12th. BidaskClub cut tronc from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 8th. Finally, Noble Financial set a $21.00 price objective on tronc and gave the stock a “buy” rating in a report on Sunday, July 8th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $21.33.
tronc (NASDAQ:TRNC) last issued its earnings results on Thursday, August 9th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.51). The firm had revenue of $253.04 million during the quarter. tronc had a return on equity of 9.05% and a net margin of 18.03%. sell-side analysts predict that tronc will post -0.33 earnings per share for the current year.
tronc, Inc, a media company, publishes newspapers worldwide. The company operates in two segments, troncM and troncX. It publishes daily newspapers; weekly newspapers; and digital platforms, such as Websites and mobile applications. The company also provides various digital marketing services, which include the development of mobile Websites, search engine marketing and optimization, social media account management, and content marketing for its customers' Web presence for small to medium size businesses.
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