News stories about Etsy (NASDAQ:ETSY) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Etsy earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned press coverage about the specialty retailer an impact score of 46.7963410384926 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- Etsy (ETSY) Rating Reiterated by Piper Jaffray Companies (americanbankingnews.com)
- Wall Street Reacts To Etsy’s Q4 Beat (msn.com)
- Maverick Capital Ltd. Acquires Shares of 1,061,552 Etsy Inc (ETSY) (americanbankingnews.com)
- Cortina Asset Management LLC Has $6.24 Million Holdings in Etsy Inc (ETSY) (americanbankingnews.com)
- Q2 2018 Earnings Forecast for Etsy Inc Issued By KeyCorp (ETSY) (americanbankingnews.com)
Shares of Etsy (ETSY) opened at $25.32 on Friday. The stock has a market cap of $3,080.00 and a P/E ratio of 38.36. Etsy has a 1 year low of $9.41 and a 1 year high of $26.23. The company has a current ratio of 4.26, a quick ratio of 4.26 and a debt-to-equity ratio of 0.19.
ETSY has been the topic of several recent analyst reports. BidaskClub lowered shares of Etsy from a “buy” rating to a “hold” rating in a report on Saturday, January 13th. DA Davidson increased their price objective on shares of Etsy from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday. Zacks Investment Research lowered shares of Etsy from a “hold” rating to a “sell” rating in a report on Monday, January 22nd. Roth Capital upgraded shares of Etsy from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $20.50 to $28.00 in a report on Wednesday. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $24.00 price objective (up from $18.00) on shares of Etsy in a report on Wednesday. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $20.31.
In related news, Director Jonathan D. Klein sold 50,000 shares of the stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $21.31, for a total transaction of $1,065,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 4.00% of the stock is currently owned by corporate insiders.
Etsy, Inc (Etsy) operates a marketplace where people around the world connect, both online and offline, to make, sell and buy goods. The Company offers a range of seller services and tools that help entrepreneurs start, grow and manage their businesses. The Company’s community includes Etsy sellers, Etsy buyers, Etsy employees, its partners and investors.
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