Somewhat Positive Media Coverage Somewhat Unlikely to Affect GlaxoSmithKline (GSK) Share Price

Media stories about GlaxoSmithKline (NYSE:GSK) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. GlaxoSmithKline earned a news impact score of 0.16 on Accern’s scale. Accern also gave media headlines about the pharmaceutical company an impact score of 46.4397444786142 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

GSK has been the subject of a number of research analyst reports. UBS Group upgraded GlaxoSmithKline from a “neutral” rating to a “buy” rating and increased their price target for the stock from $35.04 to $35.85 in a report on Monday, November 27th. ValuEngine cut GlaxoSmithKline from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Zacks Investment Research cut GlaxoSmithKline from a “buy” rating to a “hold” rating in a report on Thursday, January 4th. Cowen set a $38.00 price target on GlaxoSmithKline and gave the stock a “hold” rating in a report on Monday, December 11th. Finally, Barclays upgraded GlaxoSmithKline from an “equal weight” rating to an “overweight” rating in a report on Tuesday. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company’s stock. GlaxoSmithKline has a consensus rating of “Hold” and an average target price of $38.57.

GlaxoSmithKline (GSK) traded up $0.03 on Friday, reaching $38.20. The company had a trading volume of 3,478,233 shares, compared to its average volume of 5,510,000. GlaxoSmithKline has a 1 year low of $34.52 and a 1 year high of $44.53. The company has a current ratio of 0.64, a quick ratio of 0.44 and a debt-to-equity ratio of 2.96. The firm has a market cap of $93,270.00, a price-to-earnings ratio of 28.94, a price-to-earnings-growth ratio of 2.36 and a beta of 0.97.

GlaxoSmithKline (NYSE:GSK) last posted its earnings results on Wednesday, October 25th. The pharmaceutical company reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.84 by $0.01. GlaxoSmithKline had a return on equity of 115.30% and a net margin of 7.79%. research analysts anticipate that GlaxoSmithKline will post 2.92 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, January 11th. Investors of record on Friday, November 10th were paid a dividend of $0.5037 per share. This is a positive change from GlaxoSmithKline’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $2.01 annualized dividend and a yield of 5.27%. GlaxoSmithKline’s dividend payout ratio is presently 154.55%.

In other news, major shareholder Plc Glaxosmithkline bought 428,571 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The shares were purchased at an average price of $14.00 per share, with a total value of $5,999,994.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 10.00% of the stock is currently owned by corporate insiders.

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GlaxoSmithKline Company Profile

GlaxoSmithKline plc is a global healthcare company. The Company operates through three segments: Pharmaceuticals, Vaccines and Consumer Healthcare. The Company focuses on its research across six areas: Respiratory diseases, human immunodeficiency virus (HIV)/infectious diseases, Vaccines, Immuno-inflammation, Oncology and Rare diseases.

Insider Buying and Selling by Quarter for GlaxoSmithKline (NYSE:GSK)

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