Twitter (NYSE:TWTR) Given Coverage Optimism Rating of -3.11

Media coverage about Twitter (NYSE:TWTR) has trended very negative on Saturday, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news 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 news sentiment score of -3.11 on their scale. InfoTrie also assigned news articles about the social networking company an news buzz score of 0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news headlines that may have impacted Twitter’s analysis:

Several research firms recently commented on TWTR. Cascend Securities raised their price objective on shares of Twitter from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, September 6th. Pivotal Research cut their price objective on shares of Twitter from $49.75 to $47.00 and set a “buy” rating for the company in a report on Friday, October 11th. Nomura raised their price objective on shares of Twitter from $33.00 to $38.00 and gave the stock a “neutral” rating in a report on Monday, July 29th. Jefferies Financial Group raised their price objective on shares of Twitter from $41.00 to $44.00 and gave the stock a “hold” rating in a report on Monday, July 29th. Finally, Goldman Sachs Group set a $52.00 price objective on shares of Twitter and gave the stock a “buy” rating in a report on Friday, July 26th. Four equities research analysts have rated the stock with a sell rating, twenty have issued a hold rating and fourteen have issued a buy rating to the stock. Twitter has a consensus rating of “Hold” and a consensus target price of $41.19.

NYSE TWTR opened at $38.99 on Friday. Twitter has a 1 year low of $26.26 and a 1 year high of $45.85. The company has a debt-to-equity ratio of 0.29, a current ratio of 4.33 and a quick ratio of 4.33. The stock has a market capitalization of $31.14 billion, a PE ratio of 70.89, a P/E/G ratio of 0.83 and a beta of 0.59. The company’s 50 day simple moving average is $41.86 and its two-hundred day simple moving average is $38.83.

Twitter (NYSE:TWTR) last posted its earnings results on Friday, July 26th. The social networking company reported $0.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.03. Twitter had a net margin of 71.46% and a return on equity of 7.93%. The business had revenue of $841.40 million for the quarter, compared to analysts’ expectations of $828.07 million. During the same period in the prior year, the company posted $0.17 EPS. The business’s revenue for the quarter was up 18.4% compared to the same quarter last year. On average, research analysts anticipate that Twitter will post 2.06 EPS for the current year.

In other Twitter news, insider Michael Montano sold 1,750 shares of the stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $40.33, for a total value of $70,577.50. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Vijaya Gadde sold 12,498 shares of the stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $40.00, for a total transaction of $499,920.00. The disclosure for this sale can be found here. Insiders sold a total of 142,337 shares of company stock worth $5,819,800 over the last quarter. Corporate insiders own 2.65% of the company’s stock.

About Twitter

Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter, a platform 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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