Black Diamond (BDE) Earns News Impact Score of 0.44
News stories about Black Diamond (NASDAQ:BDE) have been trending positive this week, Alpha One Sentiment reports. Alpha One, a unit of Accern, ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Black Diamond earned a media sentiment score of 0.44 on Alpha One’s scale. Alpha One also assigned news stories about the company an impact score of 84 out of 100, meaning that recent press coverage is very likely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have effected Alpha One Sentiment Analysis’s analysis:
- Black Diamond, Inc. (BDE) Upgraded by Zacks Investment Research to “Strong-Buy” (americanbankingnews.com)
- BRIEF-Black Diamond Inc files for up to $200 million of mixed shelf (BDE) (markets.businessinsider.com)
- Black Diamond, Inc. Files Shelf Registration Statements (finance.yahoo.com)
- Black Diamond (BDE) in Focus: Stock Moves 5.4% Higher (finance.yahoo.com)
Shares of Black Diamond (NASDAQ BDE) traded up 0.78% during midday trading on Friday, hitting $6.50. The stock had a trading volume of 61,955 shares. Black Diamond has a 52 week low of $3.93 and a 52 week high of $6.85. The stock has a 50-day moving average of $6.00 and a 200 day moving average of $5.73.
Black Diamond (NASDAQ:BDE) last released its earnings results on Monday, May 8th. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. Black Diamond had a negative net margin of 4.24% and a negative return on equity of 0.03%. The firm had revenue of $41.56 million during the quarter, compared to analyst estimates of $39.22 million. During the same quarter in the previous year, the business earned ($0.07) EPS. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. On average, equities analysts anticipate that Black Diamond will post $0.12 earnings per share for the current year.
A number of equities research analysts have weighed in on BDE shares. Zacks Investment Research downgraded Black Diamond from a “buy” rating to a “sell” rating in a research report on Friday, March 10th. Stifel Nicolaus downgraded Black Diamond from a “buy” rating to a “hold” rating and increased their price objective for the company from $5.50 to $6.00 in a research report on Tuesday, March 7th.
Black Diamond Company Profile
Black Diamond, Inc, through its ownership of Black Diamond Equipment, Ltd., is engaged in designing, manufacturing and marketing of active outdoor performance equipment and apparel for climbing, mountaineering, backpacking, skiing and a range of other year-round outdoor recreation activities. Its principal brands include Black Diamond and PIEPS.
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