Summer Infant (SUMR) Earning Somewhat Positive Press Coverage, Accern Reports

Media stories about Summer Infant (NASDAQ:SUMR) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Summer Infant earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.1155458245897 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Summer Infant (NASDAQ:SUMR) remained flat at $$1.32 during mid-day trading on Friday. The company’s stock had a trading volume of 10,670 shares, compared to its average volume of 41,306. The company has a current ratio of 1.95, a quick ratio of 0.92 and a debt-to-equity ratio of 2.86. The stock has a market cap of $24.76, a P/E ratio of -4.89 and a beta of -0.17. Summer Infant has a 1 year low of $1.31 and a 1 year high of $2.25.

Summer Infant (NASDAQ:SUMR) last posted its quarterly earnings data on Wednesday, November 1st. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). The firm had revenue of $43.13 million for the quarter, compared to the consensus estimate of $48.55 million. Summer Infant had a positive return on equity of 0.43% and a negative net margin of 2.66%. sell-side analysts predict that Summer Infant will post 0.13 earnings per share for the current year.

Several research firms have weighed in on SUMR. B. Riley reiterated a “buy” rating on shares of Summer Infant in a research report on Thursday, November 2nd. Zacks Investment Research upgraded Summer Infant from a “strong sell” rating to a “hold” rating in a research report on Friday, January 5th. Finally, ValuEngine upgraded Summer Infant from a “hold” rating to a “buy” rating in a research report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $2.50.

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Summer Infant Company Profile

Summer Infant, Inc is an infant and juvenile products company. The Company is engaged in the juvenile industry, providing mothers and caregivers a range of products to care for babies and toddlers. As of December 31, 2016, it marketed over 1,100 products in several product categories, including monitoring, safety, nursery, baby gear and feeding products.

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