Favorable Press Coverage Likely to Affect TheStreet (TST) Stock Price
Press coverage about TheStreet (NASDAQ:TST) has been trending positive this week, according to AlphaOne Sentiment. AlphaOne, a unit of Accern, identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. TheStreet earned a media sentiment score of 0.42 on AlphaOne’s scale. AlphaOne also gave media stories about the information services provider an impact score of 76 out of 100, meaning that recent press coverage is likely to have an impact on the company’s share price in the immediate future.
Here are some of the media stories that may have impacted Alpha One Sentiment Analysis’s rankings:
- $15.61 Million in Sales Expected for TheStreet, Inc. (TST) This Quarter (americanbankingnews.com)
- Jim Cramer to Host The Deal’s Corporate Governance Conference: Cybersecurity, Board Structure, Activists and Other Challenges to Value Creation (finance.yahoo.com)
- Cannell Urges “No” Vote on TheStreet Proxy (finance.yahoo.com)
- TheStreet, Inc. : to Present at B. Riley & Co.’s 18th Annual Investor Conference (4-traders.com)
- TheStreet, Inc. to Present at B. Riley & Co.’s 18th Annual Investor Conference (finance.yahoo.com)
Shares of TheStreet (NASDAQ:TST) traded up 0.2747% during trading on Friday, reaching $0.9125. The company’s stock had a trading volume of 28,550 shares. The company’s market capitalization is $32.54 million. TheStreet has a 1-year low of $0.61 and a 1-year high of $1.28. The stock has a 50 day moving average of $0.84 and a 200-day moving average of $0.84.
TheStreet (NASDAQ:TST) last posted its quarterly earnings data on Tuesday, May 9th. The information services provider reported $0.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.08. The firm had revenue of $15.28 million for the quarter, compared to the consensus estimate of $15.29 million. TheStreet had a negative return on equity of 8.41% and a negative net margin of 9.49%. During the same quarter in the previous year, the business earned ($0.10) EPS. On average, analysts expect that TheStreet will post ($0.06) earnings per share for the current year.
TST has been the topic of several research analyst reports. Zacks Investment Research raised TheStreet from a “hold” rating to a “buy” rating and set a $0.75 price objective on the stock in a research report on Thursday, March 16th. B. Riley reaffirmed a “buy” rating and issued a $1.90 price objective on shares of TheStreet in a research report on Thursday, March 16th.
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TheStreet, Inc (TheStreet) is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels.
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