Media stories about Twitter (NYSE:TWTR) have been trending negative on Friday, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Twitter earned a media sentiment score of -2.50 on their scale. InfoTrie also assigned news headlines about the social networking company an news buzz score of 0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near term.
Here are some of the news articles that may have effected Twitter’s score:
- Twitter CEO Jack Dorsey goes after Mark Zuckerberg – Business Insider (businessinsider.com)
- Why Twitter whiffed — and why it may not get better soon – CNBC (cnbc.com)
- CORRECTED-UPDATE 3-Twitter ad platform suffers tech glitches, hitting revenue; shares tumble (feeds.reuters.com)
- UPDATE 4-Twitter ad platform suffers tech glitches, hitting revenue; shares tumble (feeds.reuters.com)
- Robert W. Baird Trims Twitter (NYSE:TWTR) Target Price to $39.00 (americanbankingnews.com)
A number of research firms recently issued reports on TWTR. Rosenblatt Securities began coverage on shares of Twitter in a research note on Tuesday, July 23rd. They issued a “neutral” rating and a $38.00 price target for the company. Morgan Stanley decreased their price target on shares of Twitter from $35.00 to $34.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 15th. Cowen set a $41.00 price target on shares of Twitter and gave the stock a “hold” rating in a research note on Monday. Nomura increased their price target on shares of Twitter from $33.00 to $38.00 and gave the stock a “neutral” rating in a research note on Monday, July 29th. Finally, Cascend Securities increased their price target on shares of Twitter from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, September 6th. Four analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $39.57.
NYSE:TWTR opened at $30.75 on Friday. The company’s 50 day moving average price is $41.29 and its 200-day moving average price is $38.94. Twitter has a 52 week low of $26.26 and a 52 week high of $45.85. The company has a quick ratio of 4.33, a current ratio of 4.33 and a debt-to-equity ratio of 0.29. The stock has a market cap of $30.00 billion, a price-to-earnings ratio of 55.91, a PEG ratio of 0.80 and a beta of 0.59.
Twitter (NYSE:TWTR) last posted its quarterly earnings results on Friday, July 26th. The social networking company reported $0.12 EPS for the quarter, beating the Zacks’ 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 firm had revenue of $841.40 million for the quarter, compared to analysts’ expectations of $828.07 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The business’s revenue for the quarter was up 18.4% on a year-over-year basis. As a group, sell-side analysts anticipate that Twitter will post 2.06 earnings per share for the current year.
In related news, insider Michael Montano sold 1,750 shares of the firm’s 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Vijaya Gadde sold 8,332 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $43.29, for a total transaction of $360,692.28. The disclosure for this sale can be found here. In the last quarter, insiders have sold 96,921 shares of company stock worth $4,002,540. Corporate insiders own 2.65% of the company’s stock.
Twitter Company Profile
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.
Read More: What is a bull market?
Receive News & Ratings for Twitter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twitter and related companies with MarketBeat.com's FREE daily email newsletter.