PLDT (PHI) Earning Somewhat Favorable News Coverage, Accern Reports
News coverage about PLDT (NYSE:PHI) has trended somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PLDT earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 45.3619218256401 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of equities analysts have recently commented on the stock. BidaskClub lowered shares of PLDT from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. Zacks Investment Research lowered shares of PLDT from a “buy” rating to a “hold” rating in a research report on Saturday, June 17th. TheStreet raised shares of PLDT from a “d+” rating to a “c-” rating in a research report on Monday, June 5th. Deutsche Bank AG lowered shares of PLDT from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Finally, CLSA raised shares of PLDT from a “sell” rating to a “buy” rating in a research report on Wednesday, May 24th. Four investment analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $39.00.
Shares of PLDT (NYSE:PHI) traded down 2.31% during trading on Tuesday, reaching $32.16. 107,761 shares of the company were exchanged. PLDT has a one year low of $25.50 and a one year high of $38.54. The stock has a market capitalization of $6.95 billion, a price-to-earnings ratio of 14.74 and a beta of 1.00. The company has a 50 day moving average price of $33.26 and a 200-day moving average price of $33.93.
The firm also recently declared a semiannual dividend, which was paid on Monday, September 18th. Investors of record on Thursday, August 24th were paid a $0.9411 dividend. This represents a yield of 5.57%. The ex-dividend date of this dividend was Tuesday, August 22nd. This is a boost from PLDT’s previous semiannual dividend of $0.56. PLDT’s dividend payout ratio is 66.08%.
WARNING: This piece was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/09/20/pldt-phi-earning-somewhat-favorable-news-coverage-accern-reports.html.
PLDT Company Profile
PLDT, Inc, formerly Philippine Long Distance Telephone Company (PLDT), is a telecommunications service provider in the Philippines. The Company operates through three business segments: Wireless, Fixed Line and Others. The Company, through its business segments, offers a range of telecommunications services across the Philippines’ fiber optic backbone and wireless and fixed line networks.
Receive News & Stock Ratings for PLDT Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PLDT Inc. and related stocks with our FREE daily email newsletter.