SeaChange International (SEAC) Receiving Somewhat Favorable News Coverage, Study Finds
News headlines about SeaChange International (NASDAQ:SEAC) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SeaChange International earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the software maker an impact score of 48.2241300866849 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern’s rankings:
- SeaChange International : Strengthens End User Video Experience at IBC2017 (4-traders.com)
- Head-To-Head Comparison: Check Point Software Technologies (CHKP) versus SeaChange International (SEAC) (americanbankingnews.com)
- SeaChange International, Inc. :SEAC-US: Earnings Analysis: Q2, 2018 By the Numbers : September 11, 2017 (finance.yahoo.com)
- Partner TV OTT Service Launches on SeaChange Adrenalin Platform (finance.yahoo.com)
- SeaChange Strengthens End User Video Experience at IBC2017 (finance.yahoo.com)
A number of brokerages have weighed in on SEAC. Zacks Investment Research raised shares of SeaChange International from a “hold” rating to a “buy” rating and set a $3.00 target price on the stock in a report on Wednesday, June 14th. ValuEngine raised shares of SeaChange International from a “strong sell” rating to a “sell” rating in a report on Thursday, June 8th.
Shares of SeaChange International (NASDAQ:SEAC) traded up 0.76% during mid-day trading on Wednesday, hitting $2.65. 40,429 shares of the company’s stock were exchanged. SeaChange International has a 52 week low of $2.05 and a 52 week high of $3.10. The company’s market capitalization is $94.04 million. The firm has a 50 day moving average price of $2.68 and a 200-day moving average price of $2.57.
SeaChange International (NASDAQ:SEAC) last posted its quarterly earnings results on Wednesday, September 6th. The software maker reported ($0.03) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.03. SeaChange International had a negative net margin of 54.54% and a negative return on equity of 15.80%. The firm had revenue of $17.20 million for the quarter, compared to the consensus estimate of $17.94 million. During the same quarter in the previous year, the company earned ($0.21) earnings per share. The business’s revenue was down 7.0% compared to the same quarter last year. On average, equities analysts anticipate that SeaChange International will post ($0.01) EPS for the current year.
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SeaChange International Company Profile
SeaChange International, Inc (SeaChange) is engaged in the delivery of multiscreen video. The Company’s products and services facilitate the aggregation, licensing, management and distribution of video and advertising content for cable television system operators, telecommunications companies, satellite operators and media companies.
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