Craft Brew Alliance (BREW) Receives Daily Media Sentiment Rating of 0.22
Headlines about Craft Brew Alliance (NASDAQ:BREW) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news 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. Craft Brew Alliance earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.9758492868239 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Plains All American Pipeline, LP (PAA) Insider sold 32189 Shares (currenthollywood.com)
- The High Country Welcomes the 10th Annual Beer Fest on Saturday – Plenty of Tickets Still Available (hcpress.com)
- Craft Brew Allia Up 24.0% Since SmarTrend Uptrend Call (BREW) (mysmartrend.com)
- Estee Lauder (EL) In Focus: Stock Rises 7.7% (nasdaq.com)
Several research firms recently issued reports on BREW. BidaskClub upgraded Craft Brew Alliance from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. Cowen and Company reiterated an “outperform” rating and set a $20.00 target price (up previously from $19.00) on shares of Craft Brew Alliance in a report on Wednesday, August 9th. Finally, Zacks Investment Research upgraded Craft Brew Alliance from a “hold” rating to a “strong-buy” rating and set a $21.00 target price on the stock in a report on Wednesday, August 16th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $20.33.
Craft Brew Alliance (NASDAQ:BREW) traded down 1.64% during mid-day trading on Friday, reaching $17.95. The company’s stock had a trading volume of 64,583 shares. The firm has a 50 day moving average price of $17.96 and a 200 day moving average price of $15.85. The company has a market cap of $346.31 million, a price-to-earnings ratio of 664.81 and a beta of 0.47. Craft Brew Alliance has a 52-week low of $12.00 and a 52-week high of $22.40.
Craft Brew Alliance (NASDAQ:BREW) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by $0.02. Craft Brew Alliance had a return on equity of 0.80% and a net margin of 0.27%. The business had revenue of $60.55 million during the quarter, compared to analysts’ expectations of $58.54 million. During the same period in the previous year, the business earned $0.12 earnings per share. The business’s quarterly revenue was down 2.8% on a year-over-year basis. Equities research analysts anticipate that Craft Brew Alliance will post $0.14 earnings per share for the current year.
In other Craft Brew Alliance news, CEO Andrew J. Thomas sold 4,000 shares of Craft Brew Alliance stock in a transaction on Monday, August 7th. The shares were sold at an average price of $18.14, for a total value of $72,560.00. Following the completion of the transaction, the chief executive officer now directly owns 7,834 shares of the company’s stock, valued at approximately $142,108.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.70% of the company’s stock.
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Craft Brew Alliance Company Profile
Craft Brew Alliance, Inc is a craft brewing company that is engaged in brewing, branding and bringing to market American craft beers. The Company operates through two segments: Beer Related operations, which include the brewing operations and related domestic and international beer and cider sales of its Kona, Widmer Brothers, Redhook and Omission beer brands, and Square Mile cider brand, and Pubs operations, which include its approximately five pubs, over four of which are located adjacent to its Beer Related operations, as well as other merchandise sales, and sales of its beers directly to customers.
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