Twitter (TWTR) Given Daily Coverage Optimism Rating of 0.00
News stories about Twitter (NYSE:TWTR) have been trending somewhat negative recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog 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. Twitter earned a daily sentiment score of 0.00 on Accern’s scale. Accern also gave news headlines about the social networking company an impact score of 54 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Pivotal Research Reiterates Hold Rating for Twitter, Inc. (TWTR) (americanbankingnews.com)
- Is It Time To Book Profits In Twitter Inc (TWTR) Stock? (amigobulls.com)
- Don't Make This Social Media Mistake While Job-Hunting (finance.yahoo.com)
- [$$] Twitter moves to land rights to US PGA Championship (finance.yahoo.com)
- Can Twitter Stock Keep Going After Last Week's 10% Pop? (finance.yahoo.com)
A number of research firms have commented on TWTR. UBS AG reissued a “sell” rating and issued a $14.00 price objective (up previously from $12.00) on shares of Twitter in a research note on Friday, April 28th. Drexel Hamilton reissued a “buy” rating on shares of Twitter in a research note on Tuesday, May 2nd. Pivotal Research reissued a “hold” rating and issued a $17.00 price objective (up previously from $15.00) on shares of Twitter in a research note on Monday. Vetr raised Twitter from a “hold” rating to a “buy” rating and set a $18.35 price objective on the stock in a research note on Tuesday, June 6th. Finally, OTR Global raised Twitter from a “negative” rating to a “mixed” rating in a research note on Thursday. Sixteen equities research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and eight have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $15.84.
Twitter (TWTR) traded up 2.2439% during mid-day trading on Monday, reaching $20.0807. The company’s stock had a trading volume of 12,703,662 shares. The firm has a 50 day moving average price of $17.93 and a 200 day moving average price of $16.73. Twitter has a 52-week low of $14.12 and a 52-week high of $25.25. The company’s market cap is $14.57 billion.
Twitter (NYSE:TWTR) last announced its earnings results on Wednesday, April 26th. The social networking company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.27. Twitter had a negative return on equity of 4.23% and a negative net margin of 17.67%. The firm had revenue of $548 million for the quarter, compared to the consensus estimate of $513.04 million. During the same quarter in the previous year, the business earned $0.15 EPS. The company’s revenue was down 7.8% compared to the same quarter last year. Equities research analysts anticipate that Twitter will post $0.33 earnings per share for the current year.
In other news, CEO Jack Dorsey acquired 574,002 shares of the company’s stock in a transaction that occurred on Friday, April 28th. The shares were acquired at an average price of $16.62 per share, for a total transaction of $9,539,913.24. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Evan Clark Williams sold 273,200 shares of the company’s stock in a transaction that occurred on Wednesday, April 19th. The shares were sold at an average price of $14.52, for a total value of $3,966,864.00. Following the completion of the transaction, the director now owns 2,906,274 shares in the company, valued at approximately $42,199,098.48. The disclosure for this sale can be found here. Insiders sold a total of 3,037,242 shares of company stock worth $55,083,393 in the last 90 days. Company insiders own 9.18% of the company’s stock.
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Twitter Company Profile
Twitter, Inc offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser.
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