Tata Motors (TTM) Receives Daily Media Impact Rating of 0.20
News articles about Tata Motors (NYSE:TTM) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tata Motors earned a news impact score of 0.20 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.6037002125371 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Tata Motors to roll out electric Tigor from Sanand plant (livemint.com)
- Tata Motors beats Mahindra to secure order from Indian Govt. for 10,000 electric cars (rushlane.com)
- Sanand Plant To Drive Production Of Tata Motors’ Electric Sedan Tigor (profit.ndtv.com)
- Tata Motors to roll out Tigor electric version from Sanand plant (thehindubusinessline.com)
- Tata Motors registers 25 per cent surge in commercial, domestic units (deccanchronicle.com)
TTM has been the subject of a number of recent analyst reports. Stifel Nicolaus raised Tata Motors from a “hold” rating to a “buy” rating in a research report on Friday, August 25th. Zacks Investment Research downgraded Tata Motors from a “buy” rating to a “hold” rating in a research report on Saturday, June 17th. Sanford C. Bernstein downgraded Tata Motors from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $45.00 to $30.00 in a research report on Friday, August 11th. BidaskClub lowered Tata Motors from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. Finally, Morgan Stanley lowered Tata Motors from an “overweight” rating to an “equal weight” rating in a research note on Thursday, August 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Tata Motors currently has an average rating of “Hold” and an average price target of $32.50.
Shares of Tata Motors (TTM) traded up 1.44% during trading on Monday, reaching $31.72. 992,602 shares of the company traded hands. The firm has a market capitalization of $21.54 billion, a PE ratio of 19.52 and a beta of 2.23. The firm has a 50-day moving average price of $30.43 and a 200-day moving average price of $33.74. Tata Motors has a 12 month low of $28.97 and a 12 month high of $42.53.
Tata Motors (NYSE:TTM) last posted its quarterly earnings results on Wednesday, August 9th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.21). The business had revenue of $9.30 billion for the quarter. Tata Motors had a net margin of 3.38% and a return on equity of 19.45%. Equities research analysts anticipate that Tata Motors will post $1.84 EPS for the current year.
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Tata Motors Company Profile
Tata Motors Limited is an automobile company. The Company is engaged in manufacture of motor vehicles. The Company is engaged mainly in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. The Company’s segments include automotive operations and all other operations.
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