Media stories about Mulesoft (NYSE:MULE) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. 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. Mulesoft earned a news impact score of 0.12 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.7636817681381 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Zacks: Brokerages Expect Mulesoft Inc (MULE) Will Post Quarterly Sales of $88.37 Million (americanbankingnews.com)
- Brokerages Anticipate Mulesoft Inc (MULE) to Announce -$0.09 EPS (americanbankingnews.com)
- Are you searching Analysts Rated Stock: MuleSoft, Inc. (MULE) – Wall Street Morning (wallstreetmorning.com)
- Mulesoft Inc (MULE) Insider Mark Dao Sells 37,500 Shares (americanbankingnews.com)
- Trader’s Buzzer – MuleSoft, Inc. (MULE) – Nasdaq Fortune (press release) (nasdaqfortune.com)
A number of equities research analysts have issued reports on MULE shares. Zacks Investment Research lowered shares of Mulesoft from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th. Barclays raised shares of Mulesoft from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $28.00 to $29.00 in a report on Monday, January 8th. Oppenheimer raised shares of Mulesoft from a “market perform” rating to an “outperform” rating and set a $30.00 target price on the stock in a research note on Wednesday, November 29th. UBS Group raised shares of Mulesoft from a “market perform” rating to an “outperform” rating and set a $30.00 target price on the stock in a research note on Wednesday, November 29th. Finally, Nomura initiated coverage on shares of Mulesoft in a research note on Tuesday, January 23rd. They set a “buy” rating and a $30.00 target price on the stock. Two analysts have rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $31.20.
Mulesoft (NYSE:MULE) last announced its earnings results on Thursday, February 15th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.07. The firm had revenue of $88.70 million for the quarter, compared to analyst estimates of $83.56 million. Mulesoft had a negative net margin of 26.98% and a negative return on equity of 32.10%. The company’s revenue for the quarter was up 60.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.10) EPS. equities analysts predict that Mulesoft will post -0.63 earnings per share for the current year.
In related news, Director Gary Little sold 21,585 shares of the business’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $22.45, for a total transaction of $484,583.25. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Gregory George Schott sold 150,000 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $30.10, for a total transaction of $4,515,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 479,199 shares of company stock worth $14,298,946 in the last ninety days.
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MuleSoft, Inc is engaged in providing a software platform that connects a range of technologies. The Company enables organizations to manage and secure the flow of data between all systems in the enterprise. The Company offers organizations to create agile infrastructures. The Company has developed Anypoint Platform.
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