Twitter (TWTR) Receiving Somewhat Negative Press Coverage, Report Finds

News stories about Twitter (NYSE:TWTR) have been trending somewhat negative 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. Twitter earned a news sentiment score of -0.03 on Accern’s scale. Accern also gave media stories about the social networking company an impact score of 44.7950280749466 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:

TWTR stock traded up $2.69 during midday trading on Thursday, hitting $46.76. The stock had a trading volume of 50,747,126 shares, compared to its average volume of 30,959,619. The stock has a market capitalization of $31.18 billion, a P/E ratio of 779.33, a PEG ratio of 5.18 and a beta of 0.90. The company has a debt-to-equity ratio of 0.33, a quick ratio of 10.23 and a current ratio of 10.23. Twitter has a 12-month low of $15.67 and a 12-month high of $46.80.

Twitter (NYSE:TWTR) last released its earnings results on Wednesday, April 25th. The social networking company reported $0.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.15. The firm had revenue of $665.00 million during the quarter, compared to analysts’ expectations of $607.56 million. Twitter had a net margin of 0.57% and a return on equity of 2.81%. Twitter’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.07 EPS. research analysts forecast that Twitter will post 0.35 earnings per share for the current fiscal year.

A number of equities research analysts recently commented on the stock. Stifel Nicolaus raised their price objective on shares of Twitter from $26.00 to $27.00 and gave the company a “hold” rating in a research report on Thursday, April 26th. Deutsche Bank raised their price objective on shares of Twitter to $32.00 and gave the company a “hold” rating in a research report on Wednesday, May 2nd. They noted that the move was a valuation call. Argus raised their price objective on shares of Twitter from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Wednesday, June 6th. Jefferies Financial Group restated a “hold” rating and issued a $33.00 price objective on shares of Twitter in a research report on Thursday, April 26th. Finally, Morgan Stanley raised their price objective on shares of Twitter from $29.00 to $31.00 and gave the company an “equal weight” rating in a research report on Thursday, April 26th. Five equities research analysts have rated the stock with a sell rating, twenty have issued a hold rating, eleven have given a buy rating and three have issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $27.18.

In other Twitter news, VP Matthew Derella sold 7,008 shares of Twitter stock in a transaction that occurred on Wednesday, April 4th. The shares were sold at an average price of $27.80, for a total value of $194,822.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Evan Clark Williams sold 682,242 shares of Twitter stock in a transaction that occurred on Wednesday, June 13th. The stock was sold at an average price of $43.85, for a total transaction of $29,916,311.70. Following the completion of the sale, the director now directly owns 1,900,065 shares of the company’s stock, valued at $83,317,850.25. The disclosure for this sale can be found here. Insiders sold a total of 3,189,583 shares of company stock valued at $106,820,609 over the last ninety days. 6.62% of the stock is owned by corporate insiders.

About Twitter

Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.

Insider Buying and Selling by Quarter for Twitter (NYSE:TWTR)

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