DAVIDsTEA (DTEA) Earns News Impact Rating of 0.02
News stories about DAVIDsTEA (NASDAQ:DTEA) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. DAVIDsTEA earned a daily sentiment score of 0.02 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.4957435779577 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
DAVIDsTEA (DTEA) opened at 4.25 on Friday. DAVIDsTEA has a one year low of $4.05 and a one year high of $12.80. The firm’s 50 day moving average price is $4.53 and its 200-day moving average price is $4.53.
DAVIDsTEA (NASDAQ:DTEA) last released its earnings results on Thursday, September 7th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.02. The company had revenue of $45.70 million for the quarter, compared to analyst estimates of $44.32 million. DAVIDsTEA had a positive return on equity of 1.51% and a negative net margin of 3.98%. DAVIDsTEA’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.09) EPS. On average, analysts anticipate that DAVIDsTEA will post $0.05 EPS for the current fiscal year.
Separately, Zacks Investment Research raised shares of DAVIDsTEA from a “hold” rating to a “buy” rating and set a $6.25 price objective on the stock in a research report on Thursday, July 13th. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. DAVIDsTEA currently has a consensus rating of “Hold” and a consensus target price of $6.42.
DAVIDsTEA Inc is engaged in the retail and online sale of tea, tea accessories, and food and beverages in Canada and in the United States. The Company’s segments include Canada and the U.S. The Company is a branded retailer of specialty tea, offering approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages primarily through approximately 190 DAVIDsTEA stores, which are operated by the Company, and its Website, davidstea.com.
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