Liberty Tax (TAX) Earns Media Sentiment Rating of 0.02

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Headlines about Liberty Tax (NASDAQ:TAX) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Liberty Tax earned a news impact score of 0.02 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 43.5291531553935 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news articles that may have impacted Accern’s rankings:

Liberty Tax remained flat at $$9.20 during midday trading on Friday, according to Marketbeat.com. The firm has a market capitalization of $117.97 million, a price-to-earnings ratio of 8.00 and a beta of 0.87. Liberty Tax has a 12-month low of $7.75 and a 12-month high of $14.70.

The firm also recently declared a quarterly dividend, which was paid on Friday, August 10th. Shareholders of record on Friday, July 27th were paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 6.96%. The ex-dividend date was Thursday, July 26th. Liberty Tax’s dividend payout ratio is 55.65%.

Separately, ValuEngine downgraded Liberty Tax from a “hold” rating to a “sell” rating in a research report on Tuesday, May 22nd.

In other news, Director John T. Hewitt sold 1,946,665 shares of Liberty Tax stock in a transaction that occurred on Thursday, July 19th. The shares were sold at an average price of $8.70, for a total value of $16,935,985.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Brc Partners Opportunity Fund, bought 18,916 shares of the business’s stock in a transaction dated Monday, August 6th. The stock was purchased at an average price of $9.28 per share, with a total value of $175,540.48. The disclosure for this purchase can be found here. 15.30% of the stock is owned by company insiders.

Liberty Tax Company Profile

Liberty Tax, Inc, together with its subsidiaries, provides tax preparation services and solutions in the United States and Canada. The company also facilitates refund-based tax settlement financial products, such as refund transfer products, refund-based loans, and personal income tax refund discounting, as well as provides an online digital Do-It-Yourself tax program in the United States.

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Insider Buying and Selling by Quarter for Liberty Tax (NASDAQ:TAX)

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