Time Warner (TWX) Getting Somewhat Favorable Press Coverage, Study Shows
Media coverage about Time Warner (NYSE:TWX) has trended somewhat positive on Monday, Accern reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Time Warner earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned headlines about the media conglomerate an impact score of 44.6318754822808 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.
These are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Former Obama admin. official submits bid for The Weinstein Co – NBCNews.com (nbcnews.com)
- Time Warner Inc. (NYSE: TWX) – Technical Indicators in Focus – Alpha Beta Stock (alphabetastock.com)
- Gratifying Stocks: Time Warner Inc., (NYSE: TWX), RH, (NYSE: RH), Denison Mines Corp., (NYSE: DNN), Hibbett … – Stocks In The News (press release) (tradingnewsnow.com)
- Disappointing opening for ‘Justice League’ – Seeking Alpha (seekingalpha.com)
Time Warner (NYSE TWX) traded down $0.05 on Monday, reaching $88.67. The company had a trading volume of 3,128,835 shares, compared to its average volume of 4,655,102. Time Warner has a 1 year low of $85.88 and a 1 year high of $103.90. The company has a current ratio of 1.48, a quick ratio of 1.26 and a debt-to-equity ratio of 0.80. The firm has a market cap of $69,080.00, a price-to-earnings ratio of 14.64, a price-to-earnings-growth ratio of 1.40 and a beta of 0.98.
Time Warner (NYSE:TWX) last posted its earnings results on Thursday, October 26th. The media conglomerate reported $1.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.59 by $0.23. Time Warner had a return on equity of 18.57% and a net margin of 13.59%. The firm had revenue of $7.60 billion for the quarter, compared to analyst estimates of $7.40 billion. During the same quarter in the prior year, the company earned $1.83 EPS. Time Warner’s revenue was up 6.0% on a year-over-year basis. research analysts anticipate that Time Warner will post 6.2 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, November 1st. Investors of record on Tuesday, October 10th were paid a dividend of $0.4025 per share. This represents a $1.61 annualized dividend and a yield of 1.82%. The ex-dividend date was Friday, October 6th. Time Warner’s payout ratio is 30.61%.
TWX has been the subject of several research reports. Jefferies Group LLC reiterated a “hold” rating and set a $105.00 price target (up from $102.42) on shares of Time Warner in a research report on Sunday, July 30th. BidaskClub upgraded Time Warner from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Cowen and Company reiterated a “hold” rating and set a $107.50 price target on shares of Time Warner in a research report on Thursday, August 3rd. Barclays PLC cut Time Warner from an “overweight” rating to an “equal weight” rating and boosted their price target for the stock from $95.00 to $107.00 in a research report on Friday, August 4th. Finally, Evercore ISI cut Time Warner from an “outperform” rating to an “in-line” rating and set a $108.00 price target for the company. in a research report on Monday, August 7th. Twenty-two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $103.73.
About Time Warner
Time Warner Inc is a media and entertainment company. The Company operates through three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of premium pay television and over the top (OTT) services and premium pay, basic tier television and OTT services internationally, and Warner Bros., which consists of television, feature film, home video, and videogame production and distribution.
Receive News & Stock Ratings for Time Warner Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Time Warner Inc. and related stocks with our FREE daily email newsletter.