News stories about tronc (NASDAQ:TRNC) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. tronc earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news stories about the company an impact score of 44.8479829861194 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:

A number of equities research analysts have issued reports on TRNC shares. Zacks Investment Research raised shares of tronc from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a report on Wednesday, July 5th. Noble Financial reiterated a “buy” rating on shares of tronc in a research report on Thursday, August 3rd. TheStreet downgraded tronc from a “c-” rating to a “d” rating in a research report on Friday, May 26th. Finally, ValuEngine downgraded tronc from a “buy” rating to a “hold” rating in a research report on Friday, June 9th.

tronc (NASDAQ:TRNC) traded up 0.21% on Tuesday, hitting $14.15. The stock had a trading volume of 48,641 shares. tronc has a 12 month low of $8.76 and a 12 month high of $17.93. The company has a 50-day moving average of $13.51 and a 200 day moving average of $13.22. The company has a market cap of $465.44 million, a PE ratio of 39.64 and a beta of 1.75.

tronc (NASDAQ:TRNC) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.36 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.35. tronc had a return on equity of 63.98% and a net margin of 0.83%. The firm had revenue of $369.79 million during the quarter, compared to analysts’ expectations of $375.05 million. On average, analysts predict that tronc will post $0.81 EPS for the current fiscal year.

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About tronc

tronc, Inc, formerly Tribune Publishing Company, is a media company. As of December 25, 2016, the Company operated over 150 titles in nine markets. Its portfolio of news and information brands are in markets, including Los Angeles and San Diego, California; Chicago, Illinois; Fort Lauderdale and Orlando, Florida; Baltimore, Maryland; Hartford, Connecticut; Allentown, Pennsylvania, and Newport News, Virginia.

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