Somewhat Positive Media Coverage Somewhat Unlikely to Impact USA Technologies (USAT) Share Price
News coverage about USA Technologies (NASDAQ:USAT) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog 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. USA Technologies earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 46.2862241945672 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
USA Technologies (NASDAQ:USAT) opened at 6.35 on Friday. The company’s market capitalization is $317.61 million. USA Technologies has a 52 week low of $3.55 and a 52 week high of $6.50. The firm’s 50-day moving average price is $5.63 and its 200 day moving average price is $5.10.
USA Technologies (NASDAQ:USAT) last released its earnings results on Tuesday, August 22nd. The technology company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. USA Technologies had a negative return on equity of 0.81% and a negative net margin of 1.78%. The firm had revenue of $34.29 million for the quarter, compared to analysts’ expectations of $33.29 million. Equities research analysts expect that USA Technologies will post $0.04 earnings per share for the current fiscal year.
Several research firms recently issued reports on USAT. Northland Securities reissued a “buy” rating and issued a $7.25 price target on shares of USA Technologies in a research report on Tuesday, September 5th. Zacks Investment Research cut USA Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. ValuEngine cut USA Technologies from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. William Blair began coverage on USA Technologies in a research note on Thursday, August 24th. They set an “outperform” rating on the stock. Finally, BidaskClub cut USA Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 12th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $7.25.
COPYRIGHT VIOLATION NOTICE: This piece was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another site, it was stolen and republished in violation of U.S. and international copyright & trademark laws. The original version of this piece can be read at https://www.thecerbatgem.com/2017/10/07/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-usa-technologies-usat-share-price.html.
About USA Technologies
USA Technologies, Inc provides technology-enabled solutions and value-added services that facilitate electronic payment transactions within the unattended point of sale (POS) market. The Company is a provider in the small ticket, beverage and food vending industry and is also engaged in offering solutions and services to other unattended market segments, such as amusement, commercial laundry, kiosk and others.
Receive News & Stock Ratings for USA Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USA Technologies Inc. and related stocks with our FREE daily email newsletter.