Somewhat Positive Press Coverage Likely to Affect TheStreet (TST) Stock Price
Headlines about TheStreet (NASDAQ:TST) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TheStreet earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the information services provider an impact score of 77 out of 100, indicating that recent news coverage is likely to have an impact on the company’s share price in the next few days.
TheStreet (TST) opened at 0.88 on Thursday. TheStreet has a 52 week low of $0.61 and a 52 week high of $1.28. The firm’s 50-day moving average price is $0.87 and its 200 day moving average price is $0.83. The company’s market capitalization is $31.38 million.
TheStreet (NASDAQ:TST) last issued its quarterly earnings results on Tuesday, May 9th. The information services provider reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.08. The business had revenue of $15.28 million during the quarter, compared to analysts’ expectations of $15.29 million. TheStreet had a negative return on equity of 4.43% and a negative net margin of 24.24%. During the same quarter in the prior year, the business posted ($0.10) earnings per share. Equities research analysts expect that TheStreet will post ($0.06) earnings per share for the current fiscal year.
A number of brokerages recently issued reports on TST. B. Riley reiterated a “buy” rating and issued a $2.10 target price on shares of TheStreet in a report on Monday, May 15th. Zacks Investment Research upgraded TheStreet from a “hold” rating to a “buy” rating and set a $1.00 target price on the stock in a report on Wednesday.
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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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