News headlines about Twitter (NYSE:TWTR) have trended somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Twitter earned a media sentiment score of -1.77 on their scale. InfoTrie also assigned news coverage about the social networking company an news buzz score of 8 out of 10, indicating that recent media coverage is very likely to have an impact on the stock’s share price in the near term.
Here are some of the headlines that may have impacted Twitter’s ranking:
- [$$] Donald Trump says Hanoi will host second summit with Kim Jong Un (finance.yahoo.com)
- Trump Says He Will Meet Kim in Hanoi for Their Second Summit (finance.yahoo.com)
- Edited Transcript of TWTR earnings conference call or presentation 7-Feb-19 1:00pm GMT (finance.yahoo.com)
- Twitter down for second day as analysts reset targets (seekingalpha.com)
- Why Twitter’s Revenue Growth May Not Be Sustainable (finance.yahoo.com)
A number of analysts have recently weighed in on TWTR shares. Vertical Group upgraded Twitter from a “hold” rating to a “buy” rating in a research report on Monday, January 28th. Goldman Sachs Group reiterated a “buy” rating and set a $36.00 target price on shares of Twitter in a research report on Friday. Wedbush reiterated a “hold” rating and set a $37.00 target price on shares of Twitter in a research report on Tuesday, October 23rd. Zacks Investment Research reiterated a “strong-buy” rating and set a $37.00 target price on shares of Twitter in a research report on Saturday, November 17th. Finally, upgraded Twitter from a “market perform” rating to an “outperform” rating and set a $37.00 target price for the company in a research report on Friday, October 26th. Two equities research analysts have rated the stock with a sell rating, twenty have issued a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $35.13.
Shares of TWTR opened at $30.01 on Friday. Twitter has a 12-month low of $26.19 and a 12-month high of $47.79. The company has a quick ratio of 4.61, a current ratio of 4.69 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $23.45 billion, a price-to-earnings ratio of 54.56, a PEG ratio of 5.14 and a beta of 0.43.
Twitter (NYSE:TWTR) last issued its earnings results on Thursday, February 7th. The social networking company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.15. Twitter had a return on equity of 8.08% and a net margin of 39.63%. The business had revenue of $908.84 million during the quarter, compared to analysts’ expectations of $864.87 million. During the same quarter in the prior year, the firm earned $0.19 EPS. The business’s revenue for the quarter was up 24.2% compared to the same quarter last year. As a group, research analysts forecast that Twitter will post 0.52 earnings per share for the current fiscal year.
In other Twitter news, Director Evan Clark Williams sold 24,643 shares of the company’s stock in a transaction dated Thursday, December 27th. The stock was sold at an average price of $27.81, for a total value of $685,321.83. Following the completion of the transaction, the director now owns 1,244,108 shares of the company’s stock, valued at approximately $34,598,643.48. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Robert Kaiden sold 9,219 shares of the company’s stock in a transaction dated Wednesday, February 6th. The stock was sold at an average price of $34.15, for a total value of $314,828.85. The disclosure for this sale can be found here. In the last ninety days, insiders sold 7,075,100 shares of company stock valued at $227,040,779. Insiders own 6.62% of the company’s stock.
Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.
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