Leaf Group (LFGR) Given Media Impact Rating of 0.28
Media coverage about Leaf Group (NASDAQ:LFGR) has been trending positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Leaf Group earned a news sentiment score of 0.28 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.8241069375033 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s analysis:
- Leaf Group to Present at the 8th Annual Craig-Hallum Alpha Select Conference (finance.yahoo.com)
- Leaf Group’s (LFGR) CEO Sean Moriarty on Q3 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Leaf Group Ltd. Reports Third Quarter 2017 Results (finance.yahoo.com)
- Leaf Group Ltd (LFGR) Announces Earnings Results (americanbankingnews.com)
A number of analysts recently commented on LFGR shares. Zacks Investment Research upgraded shares of Leaf Group from a “hold” rating to a “buy” rating and set a $7.75 target price for the company in a research note on Wednesday, October 4th. B. Riley reiterated a “buy” rating and issued a $10.50 target price on shares of Leaf Group in a research note on Friday, August 4th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $9.88.
Shares of Leaf Group (NASDAQ LFGR) opened at $7.30 on Tuesday. Leaf Group has a 12 month low of $6.05 and a 12 month high of $9.35.
Leaf Group (NASDAQ:LFGR) last released its earnings results on Tuesday, November 7th. The company reported ($0.33) EPS for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.11. The company had revenue of $33.50 million during the quarter, compared to analysts’ expectations of $30.93 million. Leaf Group had a negative net margin of 31.38% and a negative return on equity of 52.73%. Leaf Group’s revenue for the quarter was up 19.2% on a year-over-year basis. During the same period last year, the business earned ($0.41) EPS.
In other Leaf Group news, CEO Sean P. Moriarty sold 67,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of $6.72, for a total transaction of $450,240.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 71,329 shares of company stock valued at $479,372 over the last three months.
About Leaf Group
Leaf Group Ltd., formerly Demand Media, Inc, is diversified Internet marketplaces and media company. The Company has online media properties and marketplace platforms that enable communities of creators to reach audiences in lifestyle categories. The Company operates an online studio platform for the professional creation and distribution of content, as well as two online artist marketplaces.
Receive News & Stock Ratings for Leaf Group Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leaf Group Ltd. and related stocks with our FREE daily email newsletter.