Willbros Group (WG) Earning Favorable Press Coverage, Study Finds
News articles about Willbros Group (NYSE:WG) have trended positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Willbros Group earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 45.4434378394281 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several equities analysts have recently commented on the company. Zacks Investment Research upgraded Willbros Group from a “hold” rating to a “buy” rating and set a $3.25 price target on the stock in a research note on Saturday, September 23rd. ValuEngine upgraded Willbros Group from a “sell” rating to a “hold” rating in a research note on Friday, September 15th. Finally, Credit Suisse Group raised their price target on Willbros Group from $1.25 to $1.35 and gave the company an “underperformer” rating in a research note on Wednesday, August 16th.
Willbros Group (WG) opened at 3.22 on Friday. Willbros Group has a 52 week low of $1.42 and a 52 week high of $3.84. The stock’s 50 day moving average price is $2.33 and its 200 day moving average price is $2.46. The stock’s market cap is $203.83 million.
Willbros Group (NYSE:WG) last posted its earnings results on Monday, July 31st. The oil and gas company reported ($0.02) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.02. The firm had revenue of $227.40 million for the quarter, compared to analyst estimates of $193.61 million. Willbros Group had a negative return on equity of 31.89% and a negative net margin of 6.17%. Willbros Group’s revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.09) EPS. On average, analysts forecast that Willbros Group will post ($0.23) earnings per share for the current year.
WARNING: “Willbros Group (WG) Earning Favorable Press Coverage, Study Finds” was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://www.watchlistnews.com/willbros-group-wg-earning-favorable-press-coverage-study-finds/1600949.html.
About Willbros Group
Willbros Group, Inc is a specialty energy infrastructure contractor serving the oil and gas and power industries with offerings that primarily include construction, maintenance and facilities development services. The Company operates through three segments: Oil & Gas, Utility T&D and Canada. The Company provides services through operating subsidiaries.
Receive News & Ratings for Willbros Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willbros Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.