News stories about Houston Wire & Cable (NASDAQ:HWCC) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by analyzing more than twenty 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. Houston Wire & Cable earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 45.2138005724891 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Houston Wire & Cable Company Announces Fourth Quarter 2017 Earnings Conference Call Nasdaq:HWCC (menafn.com)
- Houston Wire & Cable (HWCC) Set to Announce Quarterly Earnings on Wednesday (americanbankingnews.com)
- Analysts See $0.04 EPS for Houston Wire & Cable Company (HWCC) (ontariocanews.com)
- Houston Wire & Cable (HWCC) Stock Rating Lowered by ValuEngine (americanbankingnews.com)
A number of equities research analysts recently commented on HWCC shares. Zacks Investment Research upgraded shares of Houston Wire & Cable from a “hold” rating to a “strong-buy” rating and set a $7.00 price objective for the company in a research report on Wednesday, November 15th. ValuEngine upgraded shares of Houston Wire & Cable from a “sell” rating to a “hold” rating in a research report on Tuesday, November 21st. Finally, TheStreet upgraded shares of Houston Wire & Cable from a “d+” rating to a “c-” rating in a research report on Friday, December 22nd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $7.50.
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About Houston Wire & Cable
Houston Wire & Cable Company is a holding company. The Company is engaged in provision of electrical and mechanical wire and cable, hardware and related services. It operates through sales of wire and cable, hardware and related services segment in the United States market. Its cable management program includes purchasing and storing inventory for product availability.
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