Media headlines about Netshoes (CAYMAN) (NASDAQ:NETS) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Netshoes (CAYMAN) earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.1102711198435 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of research firms have recently issued reports on NETS. J P Morgan Chase & Co began coverage on shares of Netshoes (CAYMAN) in a research note on Monday, May 15th. They set an “overweight” rating and a $18.00 price objective on the stock. Goldman Sachs Group, Inc. (The) began coverage on shares of Netshoes (CAYMAN) in a research note on Monday, May 15th. They set a “buy” rating and a $24.50 price objective on the stock. Jefferies Group LLC began coverage on shares of Netshoes (CAYMAN) in a research note on Monday, May 15th. They set a “buy” rating and a $19.00 price objective on the stock. Finally, Zacks Investment Research downgraded shares of Netshoes (CAYMAN) from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $21.90.
Netshoes (NASDAQ NETS) traded up 1.94% during trading on Tuesday, hitting $13.15. 65,475 shares of the stock were exchanged. The stock’s market cap is $308.17 million. The stock’s 50 day moving average price is $16.00 and its 200 day moving average price is $17.60. Netshoes has a 12 month low of $10.52 and a 12 month high of $26.96.
Netshoes (CAYMAN) (NASDAQ:NETS) last announced its earnings results on Monday, August 14th. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.22). Netshoes (CAYMAN) had a negative return on equity of 41.82% and a negative net margin of 7.62%. The business had revenue of $139.45 million for the quarter, compared to analysts’ expectations of $153.48 million. Analysts forecast that Netshoes will post ($1.18) EPS for the current fiscal year.
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Netshoes (CAYMAN) Company Profile
Netshoes (Cayman) Limited is a sports and lifestyle online retailer in Latin America. The Company focuses on offering an online consumer platform in Latin America. The Company operates through two segments: Brazil and International. The Company operates in Brazil, Argentina, and Mexico. The Brazil segment consists of retail sales of consumer products from all of its verticals (which includes sales of sporting goods and related garments, as well as fashion and beauty goods) carried out through its sites Netshoes.com.br and Zattini.com.br and third-party sites that it manages, as well as its business to business offline operation.
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